HGTV & Food Network Global Launches Help Discovery Secure Full-Year & Q4 Revenue Growth
A number of global launches of HGTV and Food Network helped bolster Discovery Communications ’ full-year and Q4 financial results. The factual giant saw total revenues in the fourth quarter of 2019 …
The factual giant saw total revenues in the fourth quarter of 2019 grow by 2% to $2.87B, while total revenues across the year grew by 6% to $11.1B.In Q4, U.S. advertising and distribution revenues increased 1% and 5% respectively; and international advertising and distribution revenues increased 5% and 10%, respectively.
David Zaslav, President and Chief Executive Officer of Discovery said, “2019 was a year of promises made and promises delivered. We achieved more than $3 billion of free cash flow and brought leverage down to the low end of our target range of 3-3.5x net debt to Adjusted OIBDA. Our differentiated local content strategy and global scale, coupled with our unique free cash flow conversion profile, provide distinct financial flexibility that allows us to adapt to changing media consumption habits. Our Board’s confidence in our strategic direction is highlighted by the recent authorization to repurchase up to an additional $2 billion of our shares.”
Read more: Deadline Hollywood
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Food Network Star Katie Lee Is Pregnant Following Fertility StrugglesKatie Lee is going to be a mom! ❤️ I could tell on Sundays episode
Candidates Struggle To Answer Question About Future Of Granite Countertops During HGTV Town HallCHARLESTON, SC—Clearly uncomfortable being asked to express their views on such a contentious issue, the 2020 Democratic presidential candidates struggled Wednesday to answer questions about the future of granite countertops during a series of HGTV town halls. “As president, what are you going to do to address the fact that wages are stagnating to the point where the vast majority of Americans can’t afford the granite countertops and backsplash tiles they desperately need to fix up their homes?” asked Jonathan Scott, who was moderating the HGTV town hall with his Property Brothers co-host Drew Scott, interrupting candidate Pete Buttigieg’s stammering response to note that a majority of voters doubted the former South Bend, IN mayor could effectively unify angry members of the nation’s polarized homeowners associations behind a common lawn care policy. “How do you plan to address the millions of Americans making do with laminate countertops, or who are forced to live in homes where there’s a lack of natural sunlight in the kitchen? Will you commit today to providing the support for all Americans to knock down a wall and open up the floor plan of their common areas? Many people out there are wondering whether their future will include a brick patio or detached deck, or whether they’ll ever even be able to live in a place that is perfect for entertaining. How do you respond?” At press time, Senator Amy Klobuchar was being booed by the HGTV town hall audience after she doubled down on controversial previous statements criticizing crown molding. 😂😂😂 I'm for it! Make America Formica Again
Katie Lee Is Pregnant! Food Network Star Expecting First Child Following Infertility Struggles: 'Eating for Two'Katie Lee previously opened up about not giving up on her dream of having a family in an essay for PEOPLE I thought that title said Kathy Lee! eat up.. for 2
How Exercise Might Affect Our Food Choices, and Our WeightMen and women who started an exercise program no longer found high-calorie, fatty foods quite so irresistible. Once I realized something as simple looking as planking was hard for me, I had no problem pushing away from fattening foods. Plank everyday for 90 seconds to reduce drive to eat.
The Food & Wine Guide to Clay Pot CookingA COOL EVENING LAST SPRING, I pulled my rental car to the side of the road and got out in front of a small white building… Römertopf...used one all the time when I lived in Germany.
Trump’s Former Doctor: I Hid Vegetables in Trump’s Food Like He Was a Five-Year-OldRonny “Candyman” Jackson says he also kept ice cream out of arm’s reach. Do you honestly think people reading a magazine like Vanity Fair care about what this ogre eats? So it’s like feeding a 4 year old. Cool. What is this VF? Aren't you supposed to pretend to be some type of respected publication? This is just childish.