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Discovery Communications' Third-Quarter Sales Rise 6%


Discovery Communications' Third-Quarter Sales Rise 6%

It's a brutal time for the pay-TV industry, but Discovery (NASDAQ: DISCK) is trying to make the best out of a bad situation. In third-quarter earnings reported this week, the network announced rising advertising sales in both its U.S. and international segments as management prepared for an expensive merger with Scripps Networks Interactive (NASDAQ: SNI) that they hope will lay the foundation for faster growth ahead.

Here's a look at how the headline numbers compared to the prior-year period:

 Metric

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Source: Fool.com

Discovery Communications C Stock

€22.42
5.110%
A very strong showing by Discovery Communications C today, with an increase of €1.09 (5.110%) compared to yesterday's price.

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