Discovery: $6.497bn in revenue (+1.61%) and net profit of $1.218bn (+16.2%) in 2016

Discovery Communications recorded a turnover of $6.497bn (€5.98bn at 31/12/2016) for the 2016 fiscal year, an increase of 1.61% compared to the 2015 fiscal year ($6.394bn), announced the US media conglomerate on 14//02/2017.

Discovery Communications showed an operating profit of $2.058bn (€1.89bn) for 2016, up 3.7% compared to 2015 ($1.985bn). Net profit amounted to $1.218bn (€1.121bn), compared $1.048bn in 2015 (+16.2%).

In Q4 2016, revenue reached $1.672bn (€1.54bn), a slight increase of 1.58% compared to Q4 2015 ($1.646bn).

• The Discovery Communications 2016 fiscal year closed on 31/12/2016.

US channels of Discovery: revenue of $3.285bn in 2016 (+4.92%)

• The American channels of Discovery generated $3.285bn (€3.025bn) in revenue in 2016, up 4.92% compared to 2015 ($3.131bn).
  • Revenues generated by distribution ($1.532bn / €1.41bn) increased 7.1%, and advertising revenue by 2.4% ($1.69bn, €1.56bn).

International channels of Discovery: revenue of $3.04bn in 2016 (- 1.68%)

• The international channels of Discovery recorded a decline of 1.68% in revenue to $3.040bn…