Discovery, Inc. (DISCA)
| Market Cap | 14.81B |
| Revenue (ttm) | 10.78B |
| Net Income (ttm) | 982.00M |
| Shares Out | 495.00M |
| EPS (ttm) | 1.12 |
| PE Ratio | 26.75 |
| Forward PE | 11.20 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | June 16 |
| Last Price | $29.88 |
| Previous Close | $30.07 |
| Change ($) | -0.19 |
| Change (%) | -0.63% |
| Day's Open | 30.02 |
| Day's Range | 29.54 - 30.27 |
| Day's Volume | 1,519,439 |
| 52-Week Range | 19.07 - 78.14 |
Bear of the Day: Discovery (DISCA)
A slimmer, more focused telecom comes at a big cost to investors.
DALLAS, June 7, 2021 /PRNewswire/ -- GAC Media, LLC, a newly-formed group of US-based investors today announced that it has acquired the Great American Country ("GAC") Network from Discovery, Inc. GAC'...
AT&T's apparent pessimism about the future of WarnerMedia spells trouble for DIS stock. Investors should sell Disney's shares.
NEW YORK, June 3, 2021 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that President and CEO David Zaslav will present at Credit Suisse's 23rd Annual Communications Conference o...
One by one titans of media are delicately weighing on deals last month that will reshape the landscape with Comcast CEO Brian Roberts saying AT&T's move to unload WarnerMedia “speaks for itself.” “I loo...
NEW YORK, June 2, 2021 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty cla...
Cable news pioneer CNN will try to catch up to the streaming revolution, launching its own CNN standalone service ahead of the merger of parent company WarnerMedia with Discovery, the Wall Street Journa...
The entity formed by a planned merger of AT&T's WarnerMedia and Discovery Inc. will be known as Warner Bros. Discovery, company officials said on Tuesday.
WarnerMedia and Discovery have revealed the name that their soon-to-be-combined companies will take once they are fused together: Warner Bros. Discovery.
AT&T and Discovery Inc said on Tuesday that their recently announced standalone global entertainment and media business would be named Warner Bros. Discovery.
Discovery board member Bob Johnson on $43 billion WarnerMedia-Discovery merger
Telecom giant AT&T announced last month a deal to combine its content unit WarnerMedia with Discovery, paving the way for one of Hollywood's biggest studios to compete with media giants Netflix and Disn...
WarnerMedia's cable news network CNN, owned by AT&T Inc, is planning a new streaming service, known informally as CNN+, the Wall Street Journal reported on Tuesday.
Discovery (DISCA) reported earnings 30 days ago. What's next for the stock?
WarnerMedia CEO Jason Kilar -- whose future has been in doubt since AT&T's $43 billion deal to spin off its entertainment unit -- will remain at the helm of the company until mid-2022, it emerged on Thu...
NEW YORK, May 27, 2021 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that Chief Financial Officer Gunnar Wiedenfels will present at the Evercore ISI Inaugural TMT Conference on...
Jason Kilar, chief executive of AT&T Inc's WarnerMedia unit, said during an internal meeting on Thursday that he does not plan to step down from his role this year, according to a source familiar with t...
WarnerMedia CEO Jason Kilar, whose position was destabilized last week after Discovery and AT&T announced plans for a merger, says he will remain as CEO until the end of 2021. “My plan and my focus is t...
Discovery Inc. ( DISCA , Financial) ( DISCK , Financial) recently announced a merger with AT&T Inc.'s ( T , Financial) WarnerMedia to form a standalone media company, shaking the streaming media and tel...
HBO Max announces launch date for $10 a month ad-supported tier
CNBC's Julia Boorstin reports that HBO Max announced that their new ad-supported tier will launch the first week of June for $10 a month. For access to live and exclusive video from CNBC subscribe to CN...
AT&T CEO: WarnerMedia spinoff is good for investors
#AT&T John Stankey, AT&T CEO, joins Yahoo Finance's Andy Serwer, Myles Udland, Julie Hyman, and Brian Sozzi, to discuss the AT&T-Discovery deal and what it means for the future. Watch the 2021 Berkshire...
Malone: I don't think Discovery will cut costs on the studio side
John Malone, chairman of Liberty Media, joins CNBC's David Faber to discuss AT&T's move to merge WarnerMedia with Discovery.
WarnerMedia-Discovery deal is good news for HBO Max, says media mogul John Malone
The blockbuster WarnerMedia-Discovery deal is especially good news for HBO Max, billionaire media mogul John Malone told CNBC's David Faber.
John Malone sees merged WarnerMedia-Discovery becoming No. 3 global streamer behind Netflix, Disney+
Billionaire media mogul John Malone told CNBC's David Faber that Discovery's global presence will be particularly beneficial for WarnerMedia's HBO Max.
NEW YORK, May 21, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action...
AT&T (T), and it's merger agreement with Discovery Communications (DISCA), has caught the attention of many advisors as well as contributors to MoneyShow.com. Will the new entities be worth more than th...
Barry Diller: AT&T is making 'the great escape' with Discovery deal
Telecom giant AT&T announced Monday a deal to combine its content unit WarnerMedia with Discovery, paving the way for one of Hollywood's biggest studios to compete with media giants like Netflix and Dis...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Discovery, Inc. ...
NEW YORK, May 20, 2021 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that President and CEO David Zaslav will deliver a keynote presentation at the 2021 J.P. Morgan Global Tech...
Discovery awarded CEO David Zaslav nearly 14.8 million stock options on Sunday, the day before the company unveiled plans to merge with AT&T's WarnerMedia. That's sure to be the biggest chunk of Zaslav'...
On May the 17th of 2021, Discovery announced a merger with the media assets of AT&T. After an initial burst of enthusiasm, investors have turned sour on the deal.
If you own AT&T stock, a dividend cut may be headed your way.
As the ink begins to dry on the mega merger between AT&T's WarnerMedia and Discovery, two big questions have surfaced: 1) Who will run their new powerhouse streaming service, and 2) How much will it cos...
John Malone was willing to give up super-voting shares in Discovery to make a future sale easier, according to a person with knowledge of the deal.
Smead Capital Management's Bill Smead on the AT&T-Discovery deal
Bill Smead, chief investment officer of Smead Capital Management, joins 'The Exchange' to discuss the AT&T-Discovery deal and how it would be attractive to major tech players. For access to live and exc...
ENGLEWOOD, Colo.--(BUSINESS WIRE)--John Malone offered the following statement today on the definitive agreement to combine Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) and its leading nonfiction and i...
Discovery announced Tuesday it's extended the employment contract of president and CEO David Zaslav employment contract through December 31, 2027. His previous contract ran through 2023. The extension w...
CNBC's Jim Cramer said he "expected better" from AT&T management for its approach to WarnerMedia and its dividend payout.
How the WarnerMedia and Discovery merger will impact streaming
Morningstar Analyst Michael Hodel joins Yahoo Finance's Aikiko Fujita and Zack Guzman to discuss the state of streaming following the announcement to merge WarnerMedia and Discovery. Watch the 2021 Berk...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) and its board of directors for potential violations of law ...
AT&T (T) and Discovery Communications (DISCA) have agreed to merge in a $43 billion deal, and form one of the largest global streaming players.
Wall Street doesn't seem to know what to make of AT&T (T)'s move to merge its content unit WarnerMedia with Discovery (DISCA) and create a new entertainment giant in the global streaming market.
The deal, which isn't slated to close until next year, will create a new publicly traded company that will enter a streaming arena that has been flooded in the past two years with new players including ...
The concept of 'bigger is better' has ceased to gain precedence and the era of telecom-media conglomerates seems to be as good as over as companies are gradually evolving into more focused and nimbler e...
Cramer on AT&T-Discovery deal: I expected better from AT&T leadership
CNBC's "Squawk Box" team talks with CNBC's Jim Cramer to get his first take on the day's news, AT&T's deal with Discovery and more.
Discovery (DISCA) and WarnerMedia are set to merge and this will intensify competition in the streaming market space, currently dominated by Netflix (NFLX), Amazon (AMZN) and Disney+.
About DISCA
Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It operates in two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science, MotorTrend, Discovery en Español, Discovery Familia, Eurosport, TVN, Discovery Kids, Discovery Family, American Heroes Channel, Destination America, Discovery Life, DIY Ne... [Read more...]
| Industry Entertainment | Founded 1985 |
| CEO David Zaslav | Employees 9,800 |
| Stock Exchange NASDAQ | Ticker Symbol DISCA |
Financial Performance
In 2020, Discovery's revenue was $10.67 billion, a decrease of -4.24% compared to the previous year's $11.14 billion. Earnings were $1.22 billion, a decrease of -41.08%.
Analyst Forecasts
According to 25 analysts, the average rating for Discovery stock is "Hold." The 12-month stock price forecast is 43.26, which is an increase of 44.78% from the latest price.