David Zaslav, Discovery CEO, discusses his company's $1.7 billion deal to acquire SBS Nordic media assets in an effort to increase its global reach.
Some of the names on the move ahead of the open.
With the proliferation of online distribution platforms like Netflix, Amazon and TV Everywhere, there’s never been a better time to be in the media business if you own your content, Discovery Communications CEO David Zaslav told CNBC’s “Squawk Box.”
"If you look at all the new platforms, at least for the next two to three years, there has never been a better time to be in the media business," said David Zaslav, Discovery Communications president and CEO, discussing the impact of the internet on entertainment companies.
Dave Salmoni, Animal Planet's large predator expert, shows off his "animal spirits," and their impressions of the economy.
Emilio Azcarraga Jean, chairman and CEO of Grupo Televisa, talks about growing his network into the largest Spanish speaking broadcast in the world, with David Zaslav, Discovery Communications president and CEO.
"All of us on the business side are going to be holding back," said David Zaslav, Discovery Communications president & CEO, discussing how uncertainty over the nation's looming deficit problem is impacting his company.
"The cable business is really tough but if you can build a niche and get an audience to spend time with you... if you can do that, you have a hell of a business," said David Zaslav, Discovery Communications president and CEO, discussing the challenges in building a top cable channel.
CNBC's David Faber reports which media companies are increasing subscribers and making money.
*BC Partners, EQT, Providence, Discovery showed interest* Price tag seen at up to 1.4 bln euros* Final bids due later this months By Sven Nordenstam and Arno Schuetze STOCKHOLM/ FRANKFURT, Oct 10- ProSiebenSat1.
*BC Partners, EQT, Providence, Discovery showed interest. STOCKHOLM/ FRANKFURT, Oct 10- ProSiebenSat1. Private equity firms BC Partners, EQT, Providence Equity Partners and network Discovery Communications have shown interest for the assets, according to two people, who declined to be identified as they are not authorised to speak to media.
TELECOM ITALIA, TELECOM ITALIA MEDIA. Cairo Communications could present an offer for Telecom Italia Media, La Repubblica said on Saturday. Talks between Prelios and two rival bidders for a stake in the real estate company, Italian investment firm Feidos and U.S. asset manager Fortess, resume on Monday, Il Sole 24 Ore said on Sunday.
TELECOM ITALIA, TELECOM ITALIA MEDIA. Cairo Communications could present an offer for Telecom Italia Media, La Repubblica said on Saturday.
*Nomura raises Viacom Inc target price to $58 from $53; rating buy. *Nomura raises Time Warner target price to $45 from $42; rating. *Nomura raises CBS Corp target price to $38 from $36; rating neutral.
Threats of television programming blackouts have become begrudgingly accepted by adults who know what these financial fights are all about.
Investor’s hopes and share prices rose Tuesday as Rupert Murdoch’s News Corp. announced that it is considering dividing the massive media conglomerate into two separate, publicly traded companies.
David Zaslav's Discovery Communications is bucking the trend, and proving that content is king. Despite the fact that overall cable ratings are flat and broadcast ratings fell 7 percent last quarter, Discovery grew US ratings 6 percent.
Stocks recovered more than half their losses, but still closed in negative territory Tuesday as political uncertainty in Greece kept investors on edge.
Losses at its new Oprah Winfrey Network may have overshadowed Discovery’s earnings, but one analyst says the company as a whole had “phenomenal” growth.
U.S. stock index futures pointed to a lower open on Wall Street on Tuesday as investors continued to fret over the euro zone following elections in France and Greece over the weekend.