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.
September 27, 1996 |
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.
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.
December 30, 1998 |
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.
February 2, 2000 |
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.
November 14, 2000 |
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.