March 18, 2009 |
Discovery Communications Inc. says the Kindle electronic book reader from Amazon.com Inc. violates a patent that Discovery registered in 2007. Discovery sued Amazon in Delaware on Tuesday. Discovery spokeswoman Michelle Russo said the company was seeking "fair compensation" through damages, future royalty payments and legal fees but would not seek an injunction stopping sales of the Kindle. An Amazon.com spokeswoman declined to comment.
December 14, 2007 |
The transformation of Discovery Communications Inc., once a sprawling and sleepy television operation, should rev up next year as it becomes a publicly traded company under a deal announced Thursday by cable mogul John Malone and Advance/Newhouse Communications. "This is the transaction that we have been expecting to occur," said Richard Greenfield, media analyst for Pali Research.
May 18, 2007 |
Discovery Communications, the media company behind the educational program "Planet Earth" whose networks include Discovery Channel and Animal Planet, plans to close its 103 retail stores and lay off about 25% of its total workforce. The stores will close in the fall. About 1,000 workers at the stores and elsewhere in the company will lose their jobs, Discovery said Thursday.
April 18, 2007 |
Cable programmer Discovery Communications Inc. on Tuesday began its march into Hollywood by plucking a veteran TV executive to run its TLC cable channel, which it hopes to turn into a more popular destination for women. The hiring of Angela Shapiro-Mathes, president of Fox TV Studios and a former Walt Disney Co. executive, represents a dramatic departure for the Silver Spring, Md.-based company. Discovery to date has largely operated outside the media power centers of L.A. and New York.
March 30, 2007 |
Cable mogul John Malone tightened his grip over television giant Discovery Communications Inc. on Thursday by buying the 25% stake held by Cox Communications for $1.28 billion in cash and other assets. Malone's Liberty Media Corp. currently owns 50% of the Silver Spring, Md.-based company, which includes cable channels Discovery, TLC and Animal Planet. Liberty's stake in Discovery Holding Co. would increase to 66% with Thursday's deal.
February 6, 2007 |
Billy Campbell, president of Discovery Networks, is leaving the company as part of a broad reorganization announced Monday by David Zaslav, the new chief executive of Discovery Communications Inc. A former executive with Miramax Television, CBS Entertainment and Warner Bros., Campbell had sought the top job that went to Zaslav. "I've really been lucky to work at Discovery. It's been a job of a lifetime," Campbell said.