Discovery Communications

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Discovery

AT&T

AT&T Inc (NYSE:T) is reportedly in talks over a combination with Discovery Inc (NASDAQ:DISCA) setting up yet more consolidation in the media sector as content IP owners seek shelter against ‘cord-cutting'. The telecoms giant's WarnerMedia unit could pull in Discovery into a new entity and house together all of AT&T's media companies –  HBO and Warner Bros along with multiple other media brands including CNN, the TNT and TBS networks, subsequently Discovery, and HGTV.

AT&T in talks with Discovery as content consolidation continues for broadcasters

AT&T might spin off its media business to merge it with Discovery, according to Bloomberg. This would be "surprising" for the company, Bloomberg noted, given that it just spent $85 million acquiring those assets a few years back, which include its Warner Media unit in which it owns CNN, HBO, Cartoon Network, TNT, TBS and […]

AT&T's Media Group, Discovery In Merger Talks, Report Says

Hi and welcome to Insider Advertising for May 17. I'm senior advertising reporter Lauren Johnson, and here's what's going on: AT&T's media sale to Discovery. Advertising search consultants. Nike returns to the office. If this email was forwarded to you, sign up here for your daily insider's guide to advertising and media.

AT&T is reportedly spinning off its media assets to Discovery

AT&T Inc. is in talks to combine a big portfolio of media assets, including CNN, with Discovery Inc., according to people familiar with the matter, a deal that would mark a major strategy shift for the telecom giant as the traditional TV business faces prolonged pressure.

The Wall Street Journal: AT&T in talks to combine WarnerMedia assets with Discovery

AT&T is in advanced talks with Discovery Communications about a deal that would combine two treasure troves of content in the streaming age.

AT&T's WarnerMedia and Discovery are in talks about combining

Baidu

ViacomCBS

Tencent Music Entertainment Group 

Vipshop Hlds

George Soros reportedly snapped up stocks that took a hit amid the collapse of Archegos Capital Management in March. What Happened: Billionaire George Soros' investment firm Soros Fund Management bought shares of CBS Corporation (NASDAQ: VIAC), DISCOVERY COMMUNICATIONS INC (NASDAQ: DISCA) and Baidu Inc (NASDAQ: BIDU) as these stocks were at a discount after Bill Hwang's Archegos Capital Management collapsed, Bloomberg reports.

George Soros Buys Millions' Worth of Stocks Linked to Bill Hwang's Archegos Collapse: Bloomberg

AT&T and Discovery will announce a deal to merge Discovery and WarnerMedia as soon as tomorrow, sources say.

AT&T in advanced talks to merge WarnerMedia with Discovery, deal expected as soon as tomorrow

Deal would create entertainment giant to challenge Netflix and Disney Plus, Bloomberg reports.

AT&T, Discovery reportedly in talks to combine media assets

AT&T Inc. (NYSE: T) is reportedly in talks to merge its media assets with DISCOVERY COMMUNICATIONS INC  (NASDAQ: DISCA). What Happened: The talks are ongoing, and a deal could be announced as soon as this week, Bloomberg reported today, citing people familiar with the matter.

AT&T, Discovery In Talks To Merge Media Assets: Bloomberg

AT&T and Discovery are pursuing a merger of their entertainment assets that would reshape the media business, particularly the fast-growing realm of streaming. A person familiar with the situation confirmed to Deadline that talks are ongoing. The configuration is said to be a joint venture, with details still being finalized. WarnerMedia had already been talking...

AT&T Exploring Combination Of Media Assets With Discovery

AT&T, the telecom giant that also owns a host of media and entertainment companies including HBO, TNT, CNN, and Warner Bros., is in talks with Discovery Plus to combine content assets, Bloomberg News reported on Sunday. Such a deal would give AT&T, which acquired WarnerMedia in 2018, a better platform to compete with Netflix and Disney, Bloomberg reported, citing sources familiar with the talks.

AT&T and Discovery Plus are reportedly in talks to combine content assets

AT&T Inc is in talks to combine content assets with Discovery Inc, Bloomberg reported https://www.bloomberg.com/news/articles/2021-05-16/at-t-is-said-in-talks-to-combine-content-assets-with-discovery-kor6r2uj on Sunday, citing people with knowledge of the matter.

AT&T, Discovery in talks to combine content assets - Bloomberg News

Billionaire George Soros' investment firm, Soros Fund Management bought shares of ViacomCBS Inc, Discovery Inc and Baidu Inc as they were being sold off during the meltdown of Bill Hwang's Archegos Capital Management, Bloomberg News reported on Saturday.

Soros buys stocks linked to Bill Hwang's Archegos collapse: Bloomberg News

The new streaming DTC offer discovery+ is gaining momentum with high subscriptions growth

After the Storm, Discovery Is Cheap (Again)

Discovery recently reported mixed results with revenues beating while adjusted EPS missing consensus estimates due to Discovery+ launch and related investments. Discovery Plus has gained 15 mn subscribers by April end and is generating solid engagement. While management hasn't given specific targets for Discovery+

Discovery: Attractive D2C Economics, Waning Archegos Headwinds, Low Valuations

Amazon

Gilead Sciences

Twitter

CME Group

S&P Global

With the trading day more than halfway over, the broader markets were sliding into the weekend.

Amazon, CME, Gilead, Twitter and More Friday Afternoon Analyst Calls

Discovery Communications Inc. (NASDAQ: DISCA) seems poised for double-digit revenue growth in the U.S. in the second quarter, driven by continued robust advertising trends, according to BofA Securities. The Discovery Communications Analyst: Jessica Reif Ehrlich upgraded the rating for Discovery Communications from Underperform to Neutral, while raising the price target from $35 to $40.

Is Discovery Communications Poised For Double-Digit Revenue Growth?

Discovery Inc. is seeing "accelerating" momentum with its streaming business, one reason that Wells Fargo analyst Steven Cahall now feels bullish on the stock. He upgraded Discovery shares to overweight from equal weight late Wednesday, arguing that "the price is right" following a period of volatility with the shares that temporarily gave them a "non-fundamental premium.

Discovery is seeing 'accelerating' streaming momentum, analyst says in upgrade

Discovery boss David Zaslav said the ad sales dip was "primarily due to lower overall ratings" and lower ad inventory — not systematic declines in pay TV or cord cutting.

Discovery's Q1 squeezed by streaming costs, lower ad sales

Discovery, Inc. (DISCA) CEO David Zaslav on Q1 2021 Results - Earnings Call Transcript

Discovery Inc's (NASDAQ: DISCA) reported first-quarter FY21 revenue growth of 4% year-on-year to $2.8 billion, beating analyst consensus of $2.77 billion. Total U.S. Networks revenues rose 3% to $1.8 billion, and Total International Networks revenues increased 7% to $987 million.

Discovery Stock Falls On Q1 Earnings Miss

Discovery's (DISCA) Q1 results reflect improving advertising and distribution revenues, partially offset by higher selling, general and administrative (SG&A) expenses.

Discovery (DISCA) Q1 Earnings Miss Estimates, Revenues Up Y/Y

Discovery (DISCA) delivered earnings and revenue surprises of -65.57% and 0.21%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Discovery Communications (DISCA) Q1 Earnings Lag Estimates

Shares of Discovery Inc. are off nearly 8% in premarket trading Wednesday after the media company's first-quarter earnings fell short of expectations. The company posted net income of $140 million, or 21 cents a share, down from $377 million, or 55 cents a share, a year earlier.

Discovery stock falls after earnings miss expectations

Discovery Communications says its streaming platforms, led by Discovery+, have racked up 15 million subscribers — 2 million of them in April alone. Despite the upbeat digital trend, the company's first-quarter results were affected by a decline in advertising revenue, for decades the financial lifeblood of the TV programmer. Operating income fell 24% to $837...

News for Discovery Communications Stock (DISCB)