Discovery Comm A

Discovery, Inc. is a multinational mass media company. It was incorporated in 1985 as Discovery Communications with the launch of its namesake and flagship brand called Discovery Channel. The company is headquartered in New York, United States. As of 2020, Discovery, Inc. primarily operates a group of brands pertaining to adventure and exploration, travel, food, lifestyle, science, animal, auto and sports. DISCA shares trade on the NASDAQ stock exchange alongside DISCB and DISCK. DISCA stocks, as well as DISCK, are included as components on the S&P 500 index. As of 2020, Discovery, Inc. is a global leader in real life entertainment, operating in over 220 countries and in 50 languages. Some of its internationally renowned brands include Animal Planet, HGTV, TLC, Discovery Turbo, Eurosport, Discovery Channel, Asian Food Network, Discovery History, among others. The company went digital in 1985 with the launch of Discovery.com and has continued to expand on the platform. As of 2020, it offers streaming services such as Eurosport Player and Motor Trend On Demand. Discovery purchased the near-exclusive rights to broadcast the Olympic Games in Europe in a $1.3 billion deal in 2015. In 2016, it invested $100 million in a strategic partnership with the digital content holding company called Group Nine Media. With this investment, the company expanded its portfolio to include The Dodo, Seeker, Thrillist and NowThis. In 2018, it acquired Scripps Network Interactive in a $ 14.6 billion deal and changed its name from Discovery Communications to Discovery, Inc. It operates through several groups, namely US Networks, Discovery Studios, Digital, Lifestyle Studios, International and Discovery Global Enterprises. The company operates internationally in three regions, namely Latin America, Asia Pacific and EMEA (Europe, Middle East and Africa) with regional headquarters in Miami, Singapore, Milan, London, Amsterdam and Warsaw. In 2019, it outperformed in the UK Television market, where its audience increased by over 7%, while the market declined by 4%. As of 2020, Discovery, Inc. ranked 287th on the list of Fortune 500 companies and 584th on Forbes’ list of Global 2000 companies. Investors interested in buying DISCA shares can find all the details on this page.