Discovery Chief David Zaslav Sees CNN, WarnerMedia Movies, TV As New Opportunities

WarnerMedia’s movie and TV studio and CNN cable-news network represent new opportunities for Discovery, which is slated to take over management of those operations as part of a new deal with AT&T that should be put into action next year, according to Discovery CEO David Zaslav. “That’s two teams that are best of class, that are leading in the industry.

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Discovery Sees Q2 Profit Fall After Coronavirus Ad Slump

Discovery said second-quarter net income fell after the coronavirus pandemic spurred a pullback in advertising at both its U.S. and international operations, even as its TLC cable network garnered new levels of viewership during the period. The New York owner of the Discovery, Food Network and HGTV cable networks, said revenue  ell 12% during the period, to $2.54 billion compared

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Discovery Puts Squeeze On Unscripted Producers With New Series Financing Mechanism

With its 2017 acquisition of Scripps Networks, Discovery became the dominant player in the unscripted cable market with 19 networks, with all but OWN focused entirely on reality fare. Using its newly found clout, I hear Discovery has put forward a new model for financing its series, and it has the unscripted producing community up in arms. Profit margins for

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