Mark Thompson, former director-general of the BBC and president and CEO of The New York Times Company, has been appointed chairman and CEO of CNN Worldwide.
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Third-quarter revenues at Discovery, Inc. rose by 23 percent to $3.15 billion, while net profit at the company dropped by 48 percent to $156 million.
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Unveiling its Q4 and 2020 financials, Discovery, Inc. reported that its new streaming service, discovery+, is on track to hit 12 million paying subscribers globally by the end of this month.
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In conversation with New York Times and CNBC journalist Andrew Ross Sorkin at the Paley International Council Summit, Discovery's David Zaslav talked about the continued strength of the company's channel brands and weighed in on the prospects for its upcoming streaming platform.
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