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Stock Market & Financial Investment News

News Breaks
February 14, 2013
07:08 EDTDISCADiscovery sees FY13 revenue $5.575B-$5.7B, consensus $5.43B
Sees FY13 adjusted OIBDA $2.425B-$2.525B and net income available to Discovery Communications, Inc. stockholders of $1.2B-$1.3B. Outlook assumes the acquisition of the SBS Nordic operations closes during the first quarter of 2013.
News For DISCA From The Last 14 Days
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January 23, 2015
07:22 EDTDISCADiscovery's bid for Ten Networks expected to be rejected, AFR reports
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January 21, 2015
12:54 EDTDISCADiscovery to bid for rights to screen English Premier League, Bloomberg reports
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January 20, 2015
07:25 EDTDISCAViacom buys 50% stake in five Indian TV channels, WSJ says
Viacom (VIA, VIAB) is completing a deal with India's Reliance Industries giving it 50% ownership of five Indian TV channels for an undisclosed sum, reports the Wall Street Journal. Competitors including Discovery Communications (DISCA), 21st Century Fox (FOX, FOXA), and AMC Networks (AMCX) are similarly looking towards foreign investment as U.S. consumers move away from traditional cable packages. PricewaterhouseCoopers predicts 16% annual growth in Indian TV revenue over the next five years. Reference Link

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