Discovery, Inc. Form 425 Filed 2021-05-18
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Discovery, Inc. to Host Presentation and Investor Briefing to Discuss the Launch of a Global Streaming Service
Discovery, Inc. To Host Presentation And Investor Briefing To Discuss The Launch Of A Global Streaming Service November 19, 2020 NEW YORK, Nov. 19, 2020 /PRNewswire/ -- Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) today announced it will host a presentation followed by an investor briefing on Wednesday, December 2, 2020, starting at 12:00 p.m. ET, to discuss its plans to launch a global streaming service, including the overarching strategy for the platform. The presentation will be held virtually at 12:00 p.m. ET, followed by a separate investor briefing at 1:30 p.m. ET. The webcasts will be available on both the corporate homepage https://corporate.discovery.com/ and the Company's Investor Relations' website https://ir.corporate.discovery.com/. Select financial information and replays of both webcasts will also be made available on the Investor Relations' website. About Discovery: Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming each year and has category leadership across deeply loved content genres around the world. Available in 220 countries and territories and nearly 50 languages, Discovery is a platform innovator, reaching viewers on all screens, including TV Everywhere products such as the GO portfolio of apps; direct-to-consumer streaming services such as Food Network Kitchen and MotorTrend OnDemand; digital-first and social content from Group Nine Media; a landmark natural history and factual content partnership with the BBC; and a strategic alliance with PGA TOUR to create the international home of golf. -
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Cablefax Dailytm Friday — February 14, 2014 What the Industry Reads First Volume 25 / No
www.cablefax.com, Published by Access Intelligence, LLC, Tel: 301-354-2101 5 Pages Today CableFAX DailyTM Friday — February 14, 2014 What the Industry Reads First Volume 25 / No. 031 Next Step: Comcast Must Convince Regulators, Consumers It’s a White Knight A lot is being made about whether the $45bln proposed Comcast-Time Warner Cable combo will pass regulatory muster, but it’s fair to ask whether it will pass consumer scrutiny. Regulatory bodies always look at mergers in the context of the public interest, but the public might be more interested in this deal than previous Comcast transac- tions. Sure, there were concerns raised when Comcast acquired NBCU in ’11, but the programmer didn’t have a direct link to consumers the way TWC does. And it’s not like these are beloved companies—they rank at the bot- tom of the American Customer Satisfaction Index for the subscription TV industry. An L.A. Times story on the deal Thurs was headlined, “How a cable monopoly can get even worse for you.” Comcast and TWC don’t see it that way, repeatedly referring to the deal Thurs as “pro-consumer” and saying it won’t reduce competition because the 2 don’t overlap in any market. “Once you take a breath and think it through analytically and get past some of the hysteria,” you find substantial public interest benefits, Comcast evp David Cohen told reporters. Sen Judiciary Antitrust subc- mte chair Amy Klobuchar (D-MN) and ranking member Mike Lee (R-UT) already have promised to hold a hearing. -
Discovery Communications to Acquire Scripps Networks Interactive for $14.6 Billion
Discovery communications to acquire Scripps Networks Interactive for $14.6 Billion July 31, 2017 Combination to Accelerate Growth Across Linear, Digital and Short-Form Platforms Around the World and Create a Global Leader in Real Life Entertainment Combined company will have nearly 20% of ad-supported pay-TV viewership in the U.S. Becomes home to five of the top female networks in ad-supported pay-TV with over 20% share of women watching primetime in the U.S. Optionality for next generation growth opportunities through exploitation of brands, formats, talent and 8,000 hours of original programming annually Over 7 billion monthly streams creates leading short-form, mobile-first digital player Significant cost synergies estimated at approximately $350 million Expected to be accretive to Adjusted Earnings per Share and Free Cash Flow in first year after close Investor call scheduled for Monday, July 31, at 8:00 a.m. Eastern Time (ET) Silver Spring, Md. and Knoxville, Tenn. - Discovery Communications, Inc. (Nasdaq: DISCA, DISCB, DISCK) (“Discovery”) and Scripps Networks Interactive, Inc. (Nasdaq: SNI) (“Scripps”) today announced that they have signed a definitive agreement for Discovery to acquire Scripps in a cash-and-stock transaction valued at $14.6 billion, or $90 per share, based on Discovery’s Friday, July 21 closing price. The purchase price represents a premium of 34% to Scripps’ unaffected share price as of Tuesday, July 18, 2017. The transaction is expected to close by early 2018. “This is an exciting new chapter for Discovery. Scripps is one of the best run media companies in the world with terrific assets, strong brands and popular talent and formats. -
Tech That Reality Check Making Money from News
NEWS REALITY IN THE November 2018 CHECK Using technology to combat DIGITAL misinformation AGE CONTINENTAL SHIFT NBC News International’s Deborah Turness on covering a divided Europe MAKING MONEY FROM NEWS Industry leaders across TECH THAT Europe share their views Check out the smart tools reshaping reporting Paid Post by Google This content was produced by the advertising department of the Financial Times, in collaboration with Google. Paid Post by Google This content was produced by the advertising department of the Financial Times, in collaboration with Google. Digital News Innovation Fund 30 European countries 559 Projects €115M In funding g.co/newsinitiative 2 | GoogleNewsInitiative.ft.com Foreword THE FUTURE OF NEWS In 2015, Google launched the Digital News Innovation Fund (DNI Fund) to stimulate innovation across the European news industry. The DNI Fund supports ambitious projects in digital journalism across a range of areas – from creating open-source technology that improves revenue streams to investing in quality, data-driven investigative journalism. Ludovic Blecher Head of the Digital News Google asked a dozen leaders from the industry to allocate a total of Innovation Fund €150m to projects submitted by media companies and start-ups – no strings attached: all intellectual property remains with the companies themselves. To date, we’ve selected 559 projects across 30 countries, supporting them with more than €115m. But it’s not just about the money. The DNI Fund provides space and opportunity to take risks and experiment. In the media industry, many players don’t compete with each other across borders. We are Veit Dengler also proud to have fostered publishers working together to tackle Executive board member, their common challenges, through technological collaboration. -
David Zaslav President and Chief Executive Officer
David Zaslav President and Chief Executive Officer As President and CEO, David Zaslav sets the strategy and oversees all operations for Discovery’s global suite of brands across pay-TV, free-to-air, direct-to-consumer and other digital platforms. Under his leadership, Discovery began trading as a public company in 2008 and became a Fortune 500 company in 2014. Most recently under Zaslav, Discovery acquired Scripps Networks Interactive, in a transaction which closed in March 2018. Together, the combined companies form a collection of world-class brands dedicated to powering people’s passions. Discovery now comprises nearly 20% of ad-supported pay-TV viewership in the U.S. and nearly 7 billion monthly video views, making it the second largest TV company in the U.S. in terms of reach. Zaslav has led Discovery since 2007, executing a number of initiatives that have focused the organization on growth, performance and operational efficiency. He also has directed a strategic effort to clarify and strengthen Discovery’s world-class brands with a renewed focus on superfan content categories and IP ownership. Since Zaslav took the helm, Discovery has launched some of the fastest-growing cable networks in the U.S., including Investigation Discovery, the #1 network for women in total day delivery; and OWN: Oprah Winfrey Network, a top network for African American women. The company’s global distribution platform has, under Zaslav’s leadership, expanded to 3 billion cumulative worldwide viewers with a diverse set of brands, creating an unmatched international portfolio for viewers, advertisers and distributors. Zaslav has diversified Discovery’s content offering with investments such as kids in Latin America, which have led to Discovery Kids becoming the leading preschool network across the region. -
Id Addicts: Discovery’S Latest Generation of Global Superfans
A Quarterly Publication of Discovery Communications Volume 9, Number 1, May 2016 ID ADDICTS: DISCOVERY’S LATEST GENERATION OF GLOBAL SUPERFANS 03 05 10 Ad Sales Delivers During Upfront Season Q&A with Group President Henry Schleiff Discovery Supports World Wildlife Day A MESSAGE FROM SAY YES TO THE PROM CELEBRATES DAVID ZASLAV FIFTH ANNIVERSARY WITH MOST IMPACTFUL INITIATIVE TO DATE TLC and Discovery LifeWorks & Inclusion’s 2016 SAY YES TO THE PROM event touched the lives of more than 300 deserving high school Our key strategic priority remains investing • Web-native content aggregated under students with a tour that traveled to New York City, Miami, Los Angeles, in content that people love on a global two key brands: Seeker and SourceFed. scale. In the first quarter, we delivered on With a talented lineup of personalities Dallas, and Silver Spring, MD throughout March, April and May. National that priority with brand strength and solid and diverse topics, Discovery Digital partners including AT&T, Sherri Hill, JCPenney and People Magazine, viewership worldwide. Looking ahead, we Networks is reaching younger audiences among other premier lifestyle brands, as well as new elements are evolving our brands and offerings in a and boasts more than 300 million including the addition of young men to the tour, helped to make this world with 7 billion screens, with our clear streams each month. year’s initiative the most impactful to date. Selected participants were commitment to reach more viewers across able to choose from thousands of donated prom dresses and tuxedos as well as accessories and shoes, and were treated to hair, • Discovery VR, which recently won a more screens than ever before with our makeup, and personalized style sessions with star of TLC’s SAY YES TO THE DRESS: ATLANTA Monte Durham at each event. -
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Filed By: AT&T Inc. Commission File No.: 001-08610
Filed by: AT&T Inc. Commission File No.: 001-08610 Pursuant to Rule 425 under the Securities Act of 1933 Subject Company: Discovery, Inc. (Commission File No.: 001-34177) The following communications were made by AT&T Inc. and Discovery, Inc. to the public on May 17, 2021: AT&T Discovery Inc. Virtual Press Conference Mon, 5/17 7:31AM Beionny Mickles, Moderator And now I’d like to hand it over to John. Please go ahead. John Stankey Thank you everyone. Thank you for joining us. I know we have you out early. As you saw this morning, we’ve announced our intent to unite WarnerMedia and Discovery to bring together their complementary strengths to create a new company with a solidified position in global direct to consumer. We’re excited about this opportunity for what it creates for WarnerMedia and Discovery and what it also does for AT&T, our customers, employees and our shareholders. David and I want to spend the most of our time today answering your questions. Before we start, I’ll take, make a few brief comments about why we’re doing this, why we’re doing this now. Let me start by saying the Warner media team has done a phenomenal job and coming together over the past couple of years. Today’s deal is possible only because of what they’ve achieved together. Second, it’s important to keep in mind we’ve also already demonstrated healthy returns on our investment in WarnerMedia including the cash generated from the business since it was acquired. -
2020.12.31-Exhibit 99.1 (Press Release)
FOR IMMEDIATE RELEASE February 23, 2021 Investor Contacts: Andrew Slabin [email protected] 212-548-5544 Peter Lee [email protected] 212-548-5907 Media Contact: Nathaniel Brown [email protected] 212-548-5959 ALTICE USA AND DISCOVERY, INC. REACH DISTRIBUTION AGREEMENT New York, NY – February 23, 2021 – Altice USA (NYSE: ATUS) and Discovery, Inc. today announced that the two companies have agreed on a mutually favorable distribution agreement that allows Altice USA’s Optimum and Suddenlink subscribers to enjoy continued access to Discovery’s unparalleled portfolio of networks, which ranks as the #1 most-watched pay-TV portfolio in the U.S. The agreement, encompassing Discovery’s full portfolio of award-winning networks including Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science, OWN, American Heroes Channel, MotorTrend, Destination America, Discovery Family Channel, Discovery Life Channel, Discovery en Español, Discovery Familia, ensures Altice USA’s subscribers will have access to their favorite Discovery networks and shows. Discovery continues to be a key part of the pay-TV ecosystem. In addition to ranking as the top pay- TV portfolio in the fourth quarter of 2020, as recently as the week of February 8, 2021, the Discovery portfolio had 66 telecasts (41 different programs) across five different networks (TLC, Discovery, HGTV, Food Network and ID) each average at least 1 million total viewers. About Discovery Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming each year and has category leadership across deeply loved content genres around the world. -
Noble Media Newsletter Q4 2019
MEDIA SECTOR REVIEW INTERNET AND DIGITAL MEDIA COMMENTARY Online Advertising Exceeded Traditional Media Advertising in 2019 As we start 2020 and a new decade, we take look back the past decade and look forward toward what the future may hold for media companies. According to several advertising prognosticators, online INSIDE THIS ISSUE advertising accounted for slightly more than 50% of total US advertising spend in 2019, more than triple from 15% just 10 years earlier. For additional perspective, it was just three years ago (2016) that Outlook: Internet and Digital Media 1 Digital Media 4 online advertising, at $72.B, first exceeded TV advertising. Just three years later, the medium now Advertising Tech. 5 exceeds all traditional media on a combined basis, as we expect total online ad spend to be Marketing Tech. 6 approximately $130B in 2019 (roughly 85% larger than TV ad spend. Social Media 7 Industry M&A Activity 8 The media sectors that suffered the most from the growth of the internet were print mediums such as Outlook: Traditional Media 10 Newspapers, Magazines, and Yellow Pages, follow by Radio, and, to a lesser extent, Television and Out- TV 14 Radio 15 Of-Home. Newspapers declined from roughly 22% of total US advertising in 2009 to roughly 5% in Publishing 16 2019. Magazine’s share declined from 12% to 5% and Radio from 11% to 7%, respectively. And, for the Industry M&A Activity 17 first time, Television, the second largest medium behind the Internet, fell below 30% of total US Noble Overview 18 advertising to 28%. -
Contentasia Enewsletter 17 May 2021 Issue
C NTENT 17-30 May 2021 www.contentasia.tv l www.contentasiasummit.com C NTENT The Plot Thickens 25-27 August 2021 Discovery + WarnerMedia in Asia Job fears sweep a battered industry While debate rages around the Warner- Media/Discovery alliance announced last night, in Asia a fresh round of panic is battering an industry still reeling from this month’s fallout of the latest phase of Disney’s Fox Networks Group acquisition and an HBO Asia team only just unpack- ing boxes at their new WarnerMedia regional HQ in Singapore. The full story is on page 8 q Disney+ Hotstar heads for Thailand 30 June launch for hybrid service Disney is rolling out its lower-cost hybrid streaming service, Disney+ Hotstar, in Thailand on 30 June. This is the third Disney+ Hotstar platform in Southeast Asia after Indonesia, which launched in September last year, and Malaysia, which goes live on 1 June. The full story is on page 3 By 2029, HD Cable Households are Expected to Increase by 78% to 306 Million Across the Asia-Pacific Region Are you prepared to capture this growth? As a global leader of broadcast services and communications and a clear leader in this region, Intelsat continues to deliver the reliability and scalability programmers need to deliver high-quality video to viewers. Check out our latest eBook to understand the shifting media trends across the region and to make sure you are positioned to capture future subscribers and revenue in this highly competitive market. 230M+ Pay TV subscribers _________ 800 Channels _________ 5 Premier Video Neighborhoods _________ 3 Satellites Learn more by downloading intelsat.com linkedin.com/company/Intelsat Intelsat’s Media Market Watch 2021 twitter.com/Intelsat A Complete Guide to Pay TV Opportunities in the Asia-Pacific Region facebook.com/Intelsat youtube.com/user/IntelsatMedia 17-30 May 2021 page 2.