Advertisement
YOU ARE HERE: LAT HomeCollectionsDiscovery Communications Inc
IN THE NEWS

Discovery Communications Inc

FEATURED ARTICLES
BUSINESS
May 15, 1995 | From the Washington Post
Discovery Communications Inc., the company that owns the Discovery and Learning cable channels, is buying a small chain of retail shops and signaling that it has plans for more. Bethesda, Md.-based Discovery acquired the similarly named Discovery stores of Dallas, whose 11 outlets sell educational games and gifts. The purchase will cost about $10 million, people at Discovery Communications said.
ARTICLES BY DATE
ENTERTAINMENT
November 5, 2013 | By Meg James
Discovery Communications Inc. Executive Chairman John S. Hendricks has exercised stock options worth $12.7 million, according to a regulatory filing. The 61-year-old company founder sold 144,179 shares of Discovery common stock on Oct. 31 for prices ranging from $85.75 a share to $88.92 a share, according to a filing late Monday with the Securities & Exchange Commission. Hendricks had accumulated the options several years ago as part of his long-term compensation program. He benefited from the company's soaring value, although the timing of the stock sale was part of a predetermined schedule.  ON LOCATION: Where the cameras roll Discovery stock has increased 60% during the last year; it closed Monday at $87.07 a share.
Advertisement
ENTERTAINMENT
November 5, 2013 | By Meg James
Discovery Communications Inc. Executive Chairman John S. Hendricks has exercised stock options worth $12.7 million, according to a regulatory filing. The 61-year-old company founder sold 144,179 shares of Discovery common stock on Oct. 31 for prices ranging from $85.75 a share to $88.92 a share, according to a filing late Monday with the Securities & Exchange Commission. Hendricks had accumulated the options several years ago as part of his long-term compensation program. He benefited from the company's soaring value, although the timing of the stock sale was part of a predetermined schedule.  ON LOCATION: Where the cameras roll Discovery stock has increased 60% during the last year; it closed Monday at $87.07 a share.
BUSINESS
May 30, 2013 | By DiAngelea Millar, Los Angeles Times
Online sensation Philip DeFranco has found a new online home. The popular YouTube host has joined forces with Discovery Communications Inc.'s Revision3 in a deal scheduled to be announced Thursday. DeFranco will become senior vice president of DeFranco Network & Merchandise, a new Revision3 subsidiary. The company declined to comment on how much the deal was worth. Revision3 is a video network that creates original programs. The company was acquired last year by Discovery, which owns 155 worldwide television networks, including Discovery Channel, Animal Planet and TLC. PHOTOS: Behind the scenes at YouTube's 'The Philip DeFranco Show' DeFranco - who works under that pseudonym and keeps his real identity private - became an Internet icon with shows including "The Philip DeFranco Show," "SourceFed" and "The Vloggity.
BUSINESS
March 18, 2009 | Associated Press
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.
BUSINESS
September 27, 1996 | JANE HALL, TIMES STAFF WRITER
Discovery Communications Inc. and British Broadcasting Corp. are planning to spend $500 million in the next five years in co-productions and the launching of new cable networks in the U.S. and abroad, sources said Thursday. The joint venture will include a new BBC cable network in the U.S. that will showcase BBC dramas and performing-arts programming.
BUSINESS
March 30, 2007 | Meg James, Times Staff Writer
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.
BUSINESS
December 30, 1998 | From Bloomberg News
CBS Corp., the top-rated U.S. broadcaster, said it has sold all of its CBS Eye on People cable network to Discovery Communications Inc., changing an agreement to sell half of the channel and run it as a joint venture. Terms of the cash sale weren't disclosed. CBS in July had agreed to sell half the money-losing channel to Discovery in an attempt to improve its programming and distribution. Eye on People, with 11 million subscribers, features documentaries and other programs on personalities.
BUSINESS
February 2, 2000 | From Bloomberg News
Discovery Communications Inc., owner of the Discovery Channel and Animal Planet cable channels, said it will invest $500 million over three years in a newly formed Internet company and may eventually sell shares in the business to the public. Closely held Discovery is 49%-owned by Liberty Media Group, the programming arm of AT&T Corp. controlled by cable veteran John Malone. The new company, to be called Discovery.
BUSINESS
February 6, 2007 | Meg James, Times Staff Writer
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.
BUSINESS
March 18, 2009 | Associated Press
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.
BUSINESS
December 14, 2007 | Meg James, Times Staff Writer
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.
BUSINESS
May 18, 2007 | Lorenza Munoz, Times Staff Writer
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.
BUSINESS
April 18, 2007 | Meg James, Times Staff Writer
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.
BUSINESS
March 30, 2007 | Meg James, Times Staff Writer
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.
BUSINESS
February 6, 2007 | Meg James, Times Staff Writer
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.
BUSINESS
November 14, 2000 | From Washingon Post
Discovery Communications Inc. dismissed a large portion of the staff running its Web operations Monday, as executives shifted their online strategy to focus more on the company's core television business. The Bethesda, Md., firm, which also owns popular cable TV channels and 160 retail stores, announced it would fire 40% of the 200 full-time workers employed by Discovery.com, as well as about 150 contract workers who helped run the site.
BUSINESS
December 14, 2007 | Meg James, Times Staff Writer
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.
BUSINESS
July 27, 2005 | From Associated Press
Martha Stewart Living Omnimedia Inc. said that it signed with cable company Discovery Communications to rebroadcast Stewart's upcoming daytime TV show and air a new home-improvement reality series.
BUSINESS
March 16, 2005 | Sallie Hofmeister, Times Staff Writer
One of the world's most valuable names on cable TV may soon be up for grabs as a result of a financial maneuver Tuesday by cable mogul John Malone. Liberty Media Corp., Malone's cable programming company, said Tuesday that it would spin off its 50% stake in Discovery Communications Inc., which owns cable networks such as the Discovery Channel, TLC, Animal Planet and the Travel Channel. Discovery, based in Silver Spring, Md.
Los Angeles Times Articles
|