About the Company
Discovery, Inc. is a multinational mass media company headquartered in New York, United States. It was founded in 1985 as Discovery Communications with the launch of Discovery Channel, the company’s namesake and flagship brand. In 2018, Discovery Communications changed its corporate name to Discovery, Inc. when it acquired Scripps Network Interactive in a key merger worth $14.6 billion. Discovery shares trade on the NASDAQ Stock Exchange under the symbols - DISCA, DISCB and DISCK. DISCK shares are also included as a component on the S&P 500 index. Investors interested in buying DISCK stocks can check all the details on this page.
Discovery operates a diverse group of brands in the US as well as globally, which are related to lifestyle, food, science, education, travel, adventure and exploration, sports, animals, and automobiles. Its portfolio holds numerous eminent television channels, such as Discovery Science, HGTV, TLC, Discovery Kids, Animal Planet, Eurosport, Discovery Turbo, Discovery History, Food Network and Investigation Discovery, to name some. It added digital platforms like The Dodo, Seeker, NowThis and Thrillist to its brand portfolio by purchasing a minority stake in the Group Nine Media for $100 million in 2016. The company operates through numerous business divisions, namely US Networks, Discovery Studios, Lifestyle Studios, Discovery Global Enterprises, International and Digital. As of 2020, it is operational in over 220 countries and 50 languages.
In 2020, Discovery portfolio hit numerous rating milestones in the US, retaining its position as a global leader in real life entertainment. Eurosport Player, its online streaming service, was the fastest-growing pan-European sports streaming service. The company continued to expand its digital presence with the launch of an over-the-top (OTT) streaming service named Discovery+ in several countries like the United Kingdom, Ireland and India. Forbes included Discovery, Inc. in its list of Global 2000 companies, in which it ranked 584th. It ranked 287th on the list of Fortune 500 companies.;
|Organisation||Discovery Communications Inc (Class C)|
|HeadQuarters||Silver Spring, MD|