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The Newhouse family had been the largest shareholders of the media company, and will use the cash for estate planning and ...
Shares of Warner Bros. Discovery tumbled over 4% on Tuesday morning as the Newhouse family revealed it would sell 100 million ...
Warner Bros. Discovery’s announced separation follows the industry’s latest M&A trend. In this case, separation is easy.
On its first day as a publicly traded company, the shares of Discovery Communications Inc. were pummeled by investors, closing in Nasdaq trading at $13.81 after opening at $18.53.
Discovery Communications has paid $70 million to Oprah Winfrey’s Harpo, Inc. to acquire an additional 24.5% stake in the companies’ joint venture, OWN: Oprah Winfrey Network.With the ...
Discovery Communications to Acquire ProSieben’s Scandinavian Assets in $1.7 Billion Deal. UPDATED: The Nordic deal comes as the company continues to look for international expansion and also is ...
For evidence that TV and digital media are continuing to converge, look no further than Discovery Communications. Discovery has invested $100 million in Group Nine Media, a newly formed media holding ...
Discovery Communications had an artificially low tax rate in 2017 due to the impairment charges. In 2016 and 2015, however, the company had a tax rate of 27% and 33% respectively.
Discovery Communications Inc. and toy giant Hasbro Inc. are ending their equal partnership in the Hub, a cable network that hoped to become a force in children's television but made little headway ...
Discovery Communications announced today that it has agreed to form a new consolidated joint venture with TEN: The Enthusiast Network. Discovery will take a majority controlling interest in the ...
Discovery Communications has agreed to buy Scripps Networks Interactive for $11.9 billion, a bet that a bigger footprint in lifestyle programming—like the kind seen on TLC, HGTV and Food Network ...
What: TV network giant Discovery Communications saw its stock fall 19% during the month of August, according to S&P Capital IQ data. The drop.
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