Tuesday, July 31, 2012

Discovery strongly focusing on international expansion through broadening its content offering.

Discovery Communications today reported net income of $293 million for the second quarter, 15,4% more than for the same period last year - but the interesting story lies in what Discovery is doing internationally, where revenues for the same period was up by 10% since the same period last year to $405 million.

Discovery told investors today that the company is broadening its TV content offering internationally. "The steps we have taken to broadening our international content offerings, along with the continued evolution of pay TV globally, are driving international expansion," said Discovery CEO, David Zaslav.