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.

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 ...

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 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 ...

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 ...

Casual observers likely most remember Discovery Communications’ city-block-size building in Silver Spring for Chompie, the giant inflatable shark that protruded from its exterior during Shark Week.But ...

Discovery Communications’ second quarter profit fell 25 percent from 2014, despite the network of networks seeing a slight sales uptick overall. The TV media company couldn’t hit the marks ...

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 ...

Cable network juggernaut Discovery Communications finally will become a fully public company with increased control over its strategic direction in a deal unveiled Thursday by its current ...