Discovery, Inc.

Discovery, Inc.
	Final logo, used from 2018 to 2022
Formerly	Cable Educational Network Inc. (1985–1994); Discovery Communications, LLC (1994–2018)
Traded as	Nasdaq: DISCA (Series A); Nasdaq: DISCB (Series B); Nasdaq: DISCK (Series C);
Industry	Mass media
Predecessors	Discovery Holding Company; Scripps Networks Interactive
Founded	June 17, 1985 (The Discovery Channel); 1994 (Discovery Communications);
Founder	John Hendricks
Defunct	April 8, 2022
Fate	Merged with WarnerMedia
Successor	Warner Bros. Discovery
Headquarters	230 Park Avenue South, New York City, New York, U.S.
Area served	Worldwide
Key people	Robert Miron (Chairman); David Zaslav (President and CEO);
Products	Factual television
Revenue	US$10.671 billion (2020)
Operating income	US$2.515 billion (2020)
Net income	US$1.355 billion (2020)
Total assets	US$34.087 billion (2020)
Total equity	US$12.000 billion (2020)
Number of employees	9,800 (2020)
Divisions	Discovery Networks U.S.; Discovery Networks International; Discovery New Zealand; Discovery Education; Discovery Studios; Discovery Global Enterprises; Discovery Golf;
Subsidiaries	Eurosport; All3Media (50% with Liberty Global); Motor Trend Group (JV with Source Interlink); Play Sports Group;
Website	corporate.discovery.com; (archived November 26, 2018)
	Footnotes / references;

Discovery, Inc. was an American multinational mass media factual television conglomerate based in New York City. Established in 1985, the company operated a group of factual and lifestyle television brands, such as the namesake Discovery Channel, Animal Planet, Science Channel, and TLC. In 2018, the company acquired Scripps Networks Interactive, adding networks such as Food Network, HGTV, and Travel Channel to its portfolio. Since the purchase, Discovery described itself as serving members of "passionate" audiences, and also placed a focus on streaming services built around its properties.

Discovery owned or had interests in local versions of its channel brands in international markets, in addition to its other major regional operations such as Eurosport (a pan-European group of sports channels, most prominently the rightsholder of the Olympic Games throughout most of Europe), GolfTV (an international golf-focused streaming service, which is the international digital rightsholder of the PGA Tour), Discovery Communications Nordic (which operates general-interest channels in Norway, Sweden, Denmark and Finland), TVN Group in Poland, and a portfolio of various free-to-air channels in Germany, Italy, New Zealand, and the United Kingdom.

In May 2021, AT&T announced its proposal to merge its media subsidiary WarnerMedia with Discovery, Inc. The transaction was approved by the European Commission in December 2021 and was completed on April 8, 2022, forming Warner Bros. Discovery.

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