One site for Breaking News, Politics, Sports, Entertainment & more!

Newz Chooze
Back

Discovery Communications reported mixed third-quarter results, but executives during a conference call with Wall Street analysts pointed to expanding skinny-bundle distribution and growth overseas. Six months after closing its $14 billion acquisition of Scripps Networks Interactive, the company reported adjusted earnings per share of 52 cents, which fell short of Wall Street’s consensus estimate of 59 cents. Total revenue reached $2.59 billion, which met expectations. On…