OverviewSuggest Edit

Discovery (formerly known as Discovery Communications) is a mass media and entertainment company. The company also provides educational products and services to schools. Its brands include:

  • Discovery Channel,
  • HGTV,
  • Food Network,
  • TLC,
  • Investigation Discovery,
  • Travel Channel,
  • Turbo/Velocity,
  • Animal Planet,
  • Science Channel,
  • Eurosport, etc.
TypePublic
Founded1985
HQSilver Spring, MD, US
Websitecorporate.discovery.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2020)9,800(+7%)
Job Openings350
Revenue (FY, 2020)$10.7 B(-4%)
Share Price (Sept 2021)$26.8(+3%)
Cybersecurity ratingBMore

Key People/Management at Discovery

David M. Zaslav

David M. Zaslav

President and Chief Executive Officer
Gunnar Wiedenfels

Gunnar Wiedenfels

Chief Financial Officer
Jean-Briac JB Perrette

Jean-Briac JB Perrette

President and Chief Executive Officer, Discovery International
Bruce Campbell

Bruce Campbell

Chief Development, Distribution and Legal Officer
Adria Alpert Romm

Adria Alpert Romm

Chief People and Culture Officer
David C. Leavy

David C. Leavy

Chief Corporate Operating Officer
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Discovery Office Locations

Discovery has offices in Silver Spring, Charlotte, Chicago, Los Angeles and in 9 other locations
Silver Spring, MD, US (HQ)
8403 Colesville Rd
Charlotte, NC, US
4201 Congress St #245
Chicago, IL, US
Equitable Building, 401 N Michigan Ave #825
Los Angeles, CA, US
10100 Santa Monica Blvd #1500
New York, NY, US
850 3rd Ave
Milano, IT
11 Via Uberto Visconti di Modrone
Show all (13)

Discovery Financials and Metrics

Discovery Revenue

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Discovery's revenue was reported to be $10.67 b in FY, 2020 which is a 4.2% decrease from the previous period.
USD

Revenue (FY, 2020)

10.7b

Revenue growth (FY, 2019 - FY, 2020), %

(4.2%)

Gross profit (FY, 2020)

6.8b

Gross profit margin (FY, 2020), %

63.8%

Net income (FY, 2020)

1.4b

EBIT (FY, 2020)

2.5b

Market capitalization (15-Sept-2021)

12.6b

Closing stock price (15-Sept-2021)

26.8

Cash (31-Dec-2020)

2.1b

EV

25.9b
Discovery's current market capitalization is $12.6 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

10.6b11.1b10.7b

Revenue growth, %

54%6%(4%)

Cost of goods sold

3.9b3.8b3.9b

Gross profit

6.6b7.3b6.8b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.3b2.8b2.6b2.7b2.9b2.7b2.7b2.5b2.6b

Cost of goods sold

1.1b995.0m934.0m930.0m938.0m914.0m918.0m810.0m1.0b

Gross profit

1.2b1.9b1.7b1.8b1.9b1.8b1.8b1.7b1.6b

Gross profit Margin, %

54%65%64%66%67%66%66%68%61%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

986.0m1.6b2.1b

Accounts Receivable

2.6b2.6b2.5b

Prepaid Expenses

312.0m453.0m970.0m

Current Assets

4.2b5.2b6.1b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

812.0m392.0m531.0m745.0m1.3b813.0m1.5b1.7b1.9b

Accounts Receivable

2.7b2.7b2.6b2.6b2.9b2.7b2.6b2.5b2.4b

Prepaid Expenses

636.0m409.0m456.0m291.0m427.0m363.0m520.0m448.0m752.0m

Current Assets

4.5b3.9b3.9b4.0b4.9b4.3b4.6b4.7b5.5b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

681.0m2.2b1.4b

Depreciation and Amortization

1.4b1.3b1.4b

Accounts Payable

(74.0m)122.0m(131.0m)

Cash From Operating Activities

2.6b3.4b2.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(3.0m)247.0m382.0m418.0m1.4b1.7b407.0m707.0m1.0b

Depreciation and Amortization

193.0m603.0m1.0b372.0m692.0m1.0b326.0m660.0m1.0b

Accounts Payable

(171.0m)(68.0m)(123.0m)(211.0m)(132.0m)(21.0m)(202.0m)(174.0m)(166.0m)

Cash From Operating Activities

160.0m716.0m1.6b542.0m1.2b2.2b335.0m1.3b2.2b
USDQ1, 2018

Debt/Equity

2 x

Debt/Assets

0.6 x

Financial Leverage

3.6 x
Show all financial metrics

Discovery Operating Metrics

Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Countries

220220220220220220220220220220220220

Languages

404545505050505050505050

Viewers

4 b4 b4 b4 b3.8 b3.8 b3.8 b3.8 b3.7 b

Subscribers and Viewers (TLC)

503 m534 m441 m
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Discovery Acquisitions / Subsidiaries

Company NameDateDeal Size
MediaWorks New ZealandDecember 01, 2020
Play Sports GroupJanuary 08, 2019
Scripps NetworksJuly 31, 2017$14.6 b
Food TVJuly 02, 2014
Living ChannelJuly 02, 2014
EurosportMay 30, 2014
All3MediaMay 08, 2014
Espresso EducationNovember 13, 2013
Espresso GroupNovember 07, 2013
Switchover MediaJanuary 14, 2013
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Discovery Revenue Breakdown

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Discovery revenue breakdown by business segment: 34.8% from International Networks, 65.1% from U.S. Networks and 0.1% from Other

Discovery revenue breakdown by geographic segment: 65.8% from U.S. and 34.2% from Non-U.S.

Human Capital Metrics

Source: craft.co
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Discovery Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Discovery Online and Social Media Presence

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Discovery News and Updates

Global Education Technology and Smart Classroom Market by Segmentation, Growth, Status, Analysis and Forecast Report 2018 to 2023 Covering Leading Companies Like Blackboard Inc., Apple Inc., Discovery Communications, Inc., Dell Inc., Knewton

Research N Reports comes up with a new statistical report titled as Global Education Technology and Smart Classroom Market. The report is analyzed in detail and information such as the market dynamics, figures and geographical segmentation of the market is mentioned. Along with this, it also provide…

Discovery Communications Is Headed In The Same Direction As Most Of The Media Industry: Away From Advertising

Discovery is long on licensing revenue. The company’s $14.6B acquisition of Scripps in 2018 was aimed at building Discovery’s arsenal of original content with distribution revenue and future streaming efforts in mind. With the deal, Discovery gained properties focused on unscripted programming like …

Discovery Blogs

Savage Builds Titanium Giveaway Rules

Enter for a chance to win a signed segment of Adam Savage’s titanium Iron Man armor!

Gold Rush Give Big Contest

A contest in which one non-profit will win a Volvo Excavator!

BattleBots Fight Night Sweepstakes - ENTRY

Enter for a chance to win BattleBots swag!

Diesel Brothers Monster Jump Live UTV Giveaway

Enter to win a Polaris RZR 2019 4 Seater Turbo by submitting your entry by tweeting with the hashtag “#MonsterJumpLIVE” and “#Sweepstakes”!

Endangered Species Day Sunglasses Giveaway

#ProjectCatSweepstakes
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Discovery Frequently Asked Questions

  • When was Discovery founded?

    Discovery was founded in 1985.

  • Who are Discovery key executives?

    Discovery's key executives are David M. Zaslav, Gunnar Wiedenfels and Jean-Briac JB Perrette.

  • How many employees does Discovery have?

    Discovery has 9,800 employees.

  • What is Discovery revenue?

    Latest Discovery annual revenue is $10.7 b.

  • What is Discovery revenue per employee?

    Latest Discovery revenue per employee is $1.1 m.

  • Who are Discovery competitors?

    Competitors of Discovery include Warner Media, AMC Entertainment and The Walt Disney Company.

  • Where is Discovery headquarters?

    Discovery headquarters is located at 8403 Colesville Rd, Silver Spring.

  • Where are Discovery offices?

    Discovery has offices in Silver Spring, Charlotte, Chicago, Los Angeles and in 9 other locations.

  • How many offices does Discovery have?

    Discovery has 13 offices.