SILVER SPRING, Md.,
May 1, 2020 /PRNewswire/
-- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced
that it is not aware of the reasons for the recent volatility in
the price of its Series B (DISCB) common stock. Discovery has not
selectively disclosed any material nonpublic information to
analysts, investors or others, and Discovery is not aware of any
sales or purchase of its Series B common stock by any of its
executive officers or directors within the last 30 days.
Discovery's management believes it is prudent to advise the market
of this given recent fluctuations of its Series B common stock.
About Discovery:
Discovery, Inc. (Nasdaq: DISCA,
DISCB, DISCK) is a global leader in real life entertainment,
serving a passionate audience of superfans around the world with
content that inspires, informs and entertains. Discovery delivers
over 8,000 hours of original programming each year and has category
leadership across deeply loved content genres around the world.
Available in 220 countries and territories and in nearly 50
languages, Discovery is a platform innovator, reaching viewers on
all screens, including TV Everywhere products such as the GO
portfolio of apps; direct-to-consumer streaming services such as
Eurosport Player, Food Network Kitchen and MotorTrend OnDemand;
digital-first and social content from Group Nine Media; a landmark
natural history and factual content partnership with the BBC; and a
strategic alliance with PGA TOUR to create the international home
of golf. Discovery's portfolio of premium brands includes Discovery
Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel
Channel, MotorTrend, Animal Planet, Science Channel, and the
forthcoming multi-platform JV with Chip and
Joanna Gaines, Magnolia, as well as OWN: Oprah Winfrey
Network in the U.S., Discovery Kids in Latin America, and Eurosport, the leading
provider of locally relevant, premium sports and Home of the
Olympic Games across Europe. For
more information, please visit corporate.discovery.com and
follow @DiscoveryIncTV across social platforms.
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SOURCE Discovery, Inc.