on market in the world through an infrastructure that includes operational centers in London, Singapore and Miami. Discovery Channel, Animal Planet, TLC, ID and Science Channel lead the International Networks’ portfolio of television networks. International Networks has a large international distribution platform for its networks with as many as 15 networks in approximately 220 countries and territories around the world. As of December 31, 2013, International Networks operated approximately 240 unique distribution feeds in 40 languages with channel feeds customized according to language needs and advertising sales opportunities. EDUCATION The Education segment is comprised of curriculum-based product and service offerings. This segment generates revenues primarily from subscriptions charged to K-12 schools for access to an online suite of curriculum-based video on demand tools, professional development services, digital textbooks and student assessments and publication of hardcopy curriculum-based content. The Education business also participates in global brand and content licensing and engages in partnerships with leading non-profits, corporations, foundations and trade associations. Regulations Content networks, such as those owned by the company, are regulated by the Federal Communications Commission (FCC) in certain respects if they are affiliated with a cable television operator. Other FCC regulations, although imposed on cable television operators and direct broadcast satellite (DBS) operators, affect content networks indirectly. Regulation of the Internet: Internet services are subject to regulation in the U.S. relating to the privacy and security of personally identifiable user information and acquisition of personal information from children under 13, including the federal Children's Online Privacy Protection Act and the federal Controlling the Assault of Non-Solicited Pornography and Marketing Act. Strategy The company’s strategy is to maximize the distribution, ratings and profit potential of each of its branded networks. In addition to growing distribution and advertising revenue for branded networks, the company extends content distribution across new platforms, including brand-aligned websites, on-line streaming, mobile devices, video on demand and broadband channels, which provide promotional platforms for television content and serve as additional outlets for advertising and distribution revenue. Significant Events In July 2014, Discovery Communications Inc. and Liberty Global Inc. announced that they had agreed to set up a 50/50 joint venture to buy All3Media for an enterprise value of GBP 550 million.
(DISCK:Consolidated Issue Listed on NASDAQ Global Select )
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