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:
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Source: Fool.com