|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's range||31.155 - 31.155|
|52-week range||20.000 - 36.100|
|PE ratio (TTM)||16.39|
|Forward dividend & yield||N/A (N/A)|
|1y target est||30.00|
Various deals inked by Discovery (DISCA) are likely to boost its earnings in Q4. Also, the U.S. Networks might perform well in the soon-to-be reported quarter.
Discovery Communications (DISCA) is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front.
Inside a hulking five-story building at the Winter Olympics, TV production crews are working with video in 21 languages, all part of a plan by their U.S. employer, Discovery Communications (Frankfurt: DC6.F - news) , to become the top sports media brand in Europe. For the first time in Olympics history, a single broadcaster has the rights to air the Games in almost 50 European countries, including exclusive online streaming, in a diverse region where rights to major sports events are usually split up by country. Discovery, best known at home for its cable networks such as TLC and Animal Planet, is already an established sports broadcaster in Europe through its subsidiary Eurosport.
Approval by the European Commission is a positive step toward the completion Discovery Communications' (DISCA) Scripps Network buyout.
EU antitrust regulators have approved Discovery Communications' (DISCA.O) $14.6 billion (10.53 billion pounds) bid for U.S. peer Scripps Network Interactive (SNI.O), subject to concessions in Poland, the European Commission said on Tuesday. The EU found there to be limited overlap in the companies' activities in Britain, but saw the risk that Discovery's bargaining power towards TV distributors in Poland would increase because of its acquisition of Scripps' TVN broadcaster. Following the deal, Discovery could have imposed licensing of its whole TV channel portfolio at increased pricing in particular because TVN24, TVN's flagship news channel, was identified as crucial to retail TV offerings.
With the new lower corporate taxes now in effect, Bernstein's Todd Juenger and his team check in with media stocks today, to see how the new rates will affect those companies. Juenger writes that he chose a rate of 23% for media firms' U.S. taxes, reflecting the 21% federal rate, plus 200 basis points for state and local taxes--although Walt Disney (DIS), which "uniquely benefits" from accelerated depreciation, gets a flat 21%. The net result: Juenger's price targets go up for media stocks.
Discovery Communications, the company that operates the Discovery Channel, Animal Planet, TLC and other popular cable channels, announced Tuesday that it will relocate its global headquarters from Maryland ...
Discovery Communications is moving its headquarters from suburban Washington, D.C. to New York City, NBC Washington and other media outlets reported, citing a company email. "We have ... made the ...
When we last checked in on John Malone in mid-December, the chairman of the Liberty group of companies was buying series A shares of Discovery Communications and selling nonvoting class B shares of Lions Gate Entertainment. On Dec. 14, Malone paid $2 million for another 102,400 series A shares of Discovery (DISCA), which owns the eponymous channel in addition to TLC and Animal Planet. It’s agreed to acquire Scripps Networks Interactive (SNI), home of Food Network and HGTV.
ADVISORY, Dec. 22, 2017 (GLOBE NEWSWIRE) --
Last month, John Malone in a CNBC interview said that shares of Discovery Communications could be “dirt cheap” and noted “I would possibly buy more.” On Wednesday he did. The chairman of the Liberty group of companies including Liberty Media (LSXMK) more than doubled his direct holdings in Discovery (DISCA) series A stock by buying 332,500 more shares for nearly $6.6 million, or about $19.72 each. Discovery series A shares carry one vote each.
Dwindling advertisement revenues pose a huge threat to Discovery Communications (DISCA). Its high debt levels also raise concerns.
The talk-show network was established in 2011 as a joint venture between Discovery Communications Inc. (DISCA) and Harpo Inc. of Oprah Winfrey.
Discovery Communications (DISCA) was a big mover last session, as the company saw its shares rise more than 7% on the day amid huge volumes.
Discovery Communications is taking majority control of OWN, the cable network it co-owns with Oprah Winfrey.