October 31, 2014 10:35 PM ET

Media

Company Overview of Discovery Communications, Inc.

Company Overview

Discovery Communications, Inc. operates as a media company worldwide. The company operates in three segments: U.S. Networks, International Networks, and Education. Its content spans genres, including science, exploration, survival, natural history, technology, docu-series, anthropology, heroes, paleontology, history, space, archeology, health and wellness, engineering, adventure, lifestyles, crime and investigation, civilizations, current events, and kids. The company owns and operates nine television networks in the United States, such as discovery channel, TLC, animal planet, investigation discovery, science channel, military channel, destination America, velocity, and discovery fit and he...

One Discovery Place

Silver Spring, MD 20910

United States

5,700 Employees

Phone:

240-662-2000

Key Executives for Discovery Communications, Inc.

Chief Executive Officer
Age: 54
Total Annual Compensation: $3.0M
Chief Financial Officer and Senior Executive Vice President
Age: 48
Total Annual Compensation: $925.4K
Chief Development & Digital Officer and General Counsel
Age: 47
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2013.

Discovery Communications, Inc. Key Developments

Discovery Communications, Inc. Appoints Rich Ross as President of Discovery Channel

Discovery Communications, Inc. has appointed Rich Ross as president of the Discovery Channel. Ross will join Discovery Communications in January 2015, and will be based at the company's LA office. Ross will oversee creative and brand strategy, development, production, marketing and all day-to-day operations for the network. He will report to David Zaslav, President and CEO of Discovery Communications. Ross joins Discovery from Shine America, where in his role as CEO since 2013, he has driven the ongoing commercial strategy of Shine Group's US operations. He has overseen all aspects of Shine America's production, distribution and marketing of original programming across broadcast, cable and digital platforms.

Discovery Communications Appoints Sara Burns Vice President of Programming for Investigation Discovery and American Heroes Channel

Discovery Communications appointed Sara Burns vice president of programming for Investigation Discovery and American Heroes Channel.

Time Warner Reportedly Eyes Stake In TVN

TVN Spolka Akcyjna (WSE:TVN) has put up for sale its 51% stake, reported Puls Biznesu daily. If the negotiations go smoothly, TVN will have a new owner before the summer of 2015. The buyer will have to shell out more than PLN 3 billion. Wojciech Kostrzewa, President of ITI, said that over the last several months TVN was approached by a number of prospective investors. According to unofficial information, Time Warner Inc. (NYSE:TWX) is interested in acquiring TVN. Discovery Communications, Inc. (NasdaqGS:DISC.A) is also among potential bidders for a controlling stake in TVN, according to people familiar with the matter. The people asked not to be identified discussing internal deliberations, Bloomberg reported. Bank of America Corp. and JPMorgan Chase & Co. are advising the shareholders in a review that’s at an early stage.

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