Discovery Inc.

Discovery, Inc.

Discovery Communications headquarters at Silver Spring, Maryland.
Type	Public
Traded as	NASDAQ: DISCA (Class A) NASDAQ: DISCB (Class B) NASDAQ: DISCK (Class C) S&P 500 Components (DISCA and DISCK)
ISIN	US25470F1049 US25470F3029
Industry	Mass media
Predecessor	Discovery Holding Company
Founded	1985; 33 years ago (1985) as The Discovery Channel 1994; 24 years ago (1994) as Discovery Communications
Founder	John S. Hendricks
Headquarters	Silver Spring, Maryland, United States
Area served	Worldwide
Key people	Robert Miron (Chairman) David M. Zaslav (President and CEO)
Revenue	US$6.497 billion (2016)
Operating income	US$2.4 billion (2016)
Net income	US$1.19 billion (2016)
Number of employees	7,000 (2017)
Divisions	Discovery Networks Discovery Networks International Discovery Education Discovery Digital Networks Discovery Studios Discovery Global Enterprises
Subsidiaries	Eurosport All3Media (50%)
Website	corporate.discovery.com

Discovery, Inc. (formerly Discovery Communications) is an American mass media company based in Silver Spring, Maryland, first established in 1985.

The company primarily operates factual television networks, such as its namesake Discovery Channel, Animal Planet, Investigation Discovery, Science, TLC, and other spin-off brands. In March 2018, the company completed its acquisition of Scripps Networks Interactive, which added networks such as Food Network, HGTV, and Travel Channel to its portfolio. The combined company operates five of the ten most-watched U.S. cable channels among women.

It also owns or has interests in local versions of its channel brands in international markets, as well as other major regional operations such as Eurosport (a pan-European group of sports channels), Discovery Communications Nordic (which operates general-interest channels in Northern Europe), TVN Group in Poland, and UKTV, a British channel group co-owned with BBC Worldwide.

The company's namesake and flagship brand, Discovery Channel, first launched on June 17, 1985. In 1991, Discovery Channel's owners acquired The Learning Channel.

In October 1996, Discovery launched several new spin-off networks, including Animal Planet, and the digital cable channels Discovery Kids, Discovery Travel & Living, Discovery Civilization, and Science Channel. This was followed by the 1997 purchase of a 70% stake in Travel Channel, and the 1998 launches of Discovery en Español, Discovery Wings, and Discovery Health Channel. Also in 1998, Discovery acquired a stake in the struggling CBS Eye on People channel; Discovery eventually acquired the remainder of CBS's stake, leading to its January 1999 re-launch as Discovery People. The network quietly folded in 2000, being replaced by other Discovery channels on providers.