Discovery makes international gains

Discovery Communications reported a 59% year-on-year increase in revenues from its international networks division in the third quarter with ad and distribution revenues both up.

The multi-channel channel operator said that international network revenues came in at US$620 million (€458 million) for the three months ending September 30, compared to US$390 million for the same period last year. US networks, by comparison, accounted for US$733 million.

Discovery said that, internationally, ad revenues were up 127% and distribution revenues were up 29%.

“Advertising revenues, excluding newly acquired businesses, were up 29% in local currency terms, primarily due to increased viewership in Western Europe and higher pricing in Western Europe and Latin America,” said Discovery.http://www.dtvechannels.net/channel-news/discovery-makes-international-gains/