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Discovery Holding Company
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Discovery Holding Company (NASDAQ: DISCa, NASDAQ: DISCb) is a U.S. company headquartered at Meridian, Colorado. The postal designation of nearby Englewood is commonly listed as the company's location in corporate filings and news accounts.
The company holds a 66-2/3% ownership stake in Discovery Communications, Inc. (DCI). The company also oversees and manages Ascent Media Group, LLC and AccentHealth, LLC.
Discovery Holding Company's CEO, John C. Malone, is also the chairman of Liberty Media Corporation from which Discovery Holding Company was spun-off in 2005.
Corporate governance
Current members of the board of directors of Discovery Holding include: John C. Malone and Robert R. Bennett.
Financials
Source: SEC filings
- Cash and cash equivalents at March 31, 2007: $150M USD [2]
- Total shareholders’ equity at March 31, 2007: $4,570M USD [3]
- Revenue for 2006: $688M USD [4]
- Net earnings for 2006: -$28M USD [5]
Holdings
Spin-off and restructuring
On December 13, 2007, Discovery Holdings announced that it plans combine Discovery Communications with Advance/Newhouse Communications into a new holding company [7]. The new company will operate under the name Discovery Communciations. The company expects the new stock to begin selling in the third quarter of 2008 [8]. As a part of the plan, Discovery Holdings will spin-off its remaining Ascent Media business to share holders in a separate IPO.
External links
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Discovery Communications |
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| Ownership |
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| United States |
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| Asia |
Discovery Channel Southeast Asia, Discovery Channel Taiwan, Discovery Channel New Zealand, Discovery Channel Australia, Discovery Channel Japan, Discovery Channel Korea, Discovery Channel India, Animal Planet Southeast Asia, Animal Planet Taiwan, Animal Planet Australia/New Zealand, Animal Planet Japan, Animal Planet India, Discovery Travel & Living Southeast Asia, Discovery Travel & Living Taiwan, Discovery Travel & Living Australia/New Zealand, Discovery Travel & Living India, Discovery Science Southeast Asia, Discovery Home and Health Southeast Asia, Discovery Real Time Asia, Discovery Real Time India, Discovery HD Asia, Discovery HD Japan
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| UK |
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| Poland |
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| Italy |
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| France |
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| Germany |
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Europe,
Middle East
and Africa |
Discovery Channel Africa, Discovery Channel Benelux, Discovery Channel Denmark, Discovery Channel Europe, Discovery Channel Finland, Discovery Channel Hungary, Discovery Channel ME, Discovery Channel Norway, Discovery Channel Romania, Discovery Channel Sweden, Discovery Channel Turkey • Animal Planet Africa, Animal Planet Benelux, Animal Planet Europe/ME, Animal Planet Nordic, Animal Planet Romania • Discovery Science Europe/ME • Discovery Civilisation ME, Discovery World Europe • Discovery Travel & Living Europe • Discovery HD
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Latin America
/Iberia |
Discovery Channel Latin America, Discovery Channel Venezuela, Discovery Channel Mexico, Discovery Channel Brazil, Discovery Channel Argentina, Discovery Channel Iberia (Spain/Portugal), Animal Planet Latin America/Brazil, Discovery Kids Latin America, Discovery Kids Brazil, Discovery Kids Mexico, People+Arts Argentina, People+Arts Latin America, People+Arts Iberia (Spain/Portugal), People+Arts Mexico, People+Arts Brazil, Discovery Travel & Living Latin America/Brazil, Discovery Home & Health Latin America, Discovery Science, Discovery Civilization, Discovery Turbo
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| Canada |
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| Other |
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| Crown Media Inc. |
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