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Television & Radio M&A image Television & Radio M&A » By The Online Investor Staff, updated Wed., Apr. 14, 3:30 PM Recent mergers and acquisitions in the Television & Radio M&A category.

Slide #49. Discovery Communications SBS Nordic Operations of ProSiebenSat.1 Group

Acquirer: Discovery Communications (NASDAQ:DISCA)
Acquiree: SBS Nordic Operations of ProSiebenSat.1 Group
Details: Discovery Communications today announced that it has completed the acquisition of the SBS Nordic operations of ProSiebenSat.1 Group, originally announced in December 2012. The acquisition adds 12 television networks, as well as leading radio stations and several digital brands, to Discovery's existing portfolio of eight brands in Norway, Sweden, Denmark and Finland, to form a combined regional business to be known as SBS Discovery Media.

Discovery, via its subsidiaries, is a media company that provides content across distribution platforms, including pay-television, free-to-air and broadcast television, and direct-to-consumer subscription products. Co.'s portfolio of networks includes nonfiction television brands such as Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Travel Channel, and MotorTrend. Co.'s global portfolio includes Eurosport, a sports entertainment provider. Co. classifies its operations in two segments: U.S. Networks, consisting of domestic television networks and digital content services, and International Networks, consisting of international television networks and digital content services.

Discovery Communications SEC Filing Email Alerts Service

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Company Name:  Discovery Inc
Stock buyback:  DISCA buyback
Sector:  Television & Radio
Number of ETFs Holding DISCA:  89
Total Market Value Held by ETFs:  $972.31M
Total Market Capitalization:  $6.56B
% of Market Cap. Held by ETFs:  14.82%

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April 14, 2021    3:30 PM Eastern
Quotes delayed 20 minutes

Hold (2.12 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

Analysts' Target Price:
DISCA Stock Forecast

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