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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Discovery Inc    DISCA

DISCOVERY INC (DISCA)
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DISCOVERY : SPOTLIGHTS A GROUP OF HIGH SCHOOL ENVIROMENTALISTS TAKING THE HEALTH OF NEW YORK WATERWAYS IN THEIR OWN HANDS IN TAKE BACK THE HARBOR

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11/30/2018 | 12:17am CET

Documentary By Award-winning Filmmakers Kristi Jacobson and Roger Ross Williams Debuts Tuesday December 18

On New York's Governor's Island, an unprecedented program has an ambitious goal: to restore once-bountiful oysters and the environmental benefits they bring to New York Harbor. What's more, the foot soldiers of this environmental movement are an unlikely group-high school students at a remarkable public school that teaches stewardship of the waterways alongside math and English. TAKE BACK THE HARBOR highlights the stories and work of these extraordinary students and their inspiring teachers as they persevere to turn the tide on decades of neglect and bring back the health of New York City waterways.

Directed by Emmy winner Kristi Jacobson ('Solitary', 'A Place At The Table',) and Oscar and Emmy winner Roger Ross Williams ('Life Animated,' 'Music By Prudence,') and produced by Jacobson and the team at Motto Pictures including Christopher Clements, Julie Goldman, and Carolyn Hepburn, TAKE BACK THE HARBOR premieres Tuesday December 18 at 8pm ET/PT on Discovery.

'In 2002, we decided to start this school. There's an art school in New York, there's finance, there's sports schools, there's every kind of public school, but there's not a school about New York Harbor,' explains Murray Fisher, the creator of the New York Harbor School and Billion Oyster Project. He along with Pete Malinowski started Billion Oyster Project with the hope to restore oyster reefs to New York Harbor through public education initiatives. Oysters are good for the harbor because they filter gallons and gallons of pollutants. Billion Oysters Project's long-term goal is to restore one billion oysters to the New York Harbor by 2035. 'Planting a billion oysters in New York Harbor does seem so big and so impossible,' says Fisher. 'But we wanted to build a movement.'

The film captures the students, teachers and Billion Oyster team as they build reefs, monitor growth and perform marine bio research over the course of a year. During that time there are discoveries, victories and setbacks, and our cameras are there to capture it all. As the students - go to Fishers Island, get their hands dirty, grow oysters, conduct diving expeditions and learn to operate boats - we see just how difficult it is to build a movement intent on saving New York's Harbor. We also see the dedication of these students, as they face the setbacks - for example they can only dive in the water if it has not rained for three consecutive days, because the water becomes polluted from combined sewage overflow, and the organization itself faces bureaucratic and red tape obstacles that require them to file for a permit that is thousands of pages long, in order to install the largest reef in New York City, with 50,000 oysters, in Jamaica Bay. As Katie Mosher puts it: 'As a restoration community, we have to scale up. If we don't scale up, we are not going to accomplish our goals and restore oysters to New York Harbor.'

As Jesse, Gino, Tyiara and others work towards their high school graduation, the film reveals they are also building the movement. As Harbor School student Nicholas explains, 'To me, the only way to have hope in restoring the harbor and really the planet as a whole is to make hope. Nothing is going to happen unless someone does it. And that someone else might as well be me.'

TAKE BACK THE HARBOR is produced by Motto Pictures for Discovery Channel; Directed by Kristi Jacobson and Roger Ross Williams; produced by Christopher Clements, Julie Goldman, Carolyn Hepburn, and Kristi Jacobson; edited by Langdon Page, Jean Tsien, ACE, and John Steven Fisher; directors of photography, Nelson Hume and Tom Bergmann; original music by, T. Griffin. For Discovery Channel: executive producers John Hoffman and Jon Bardin.

###

About Discovery Channel:

Discovery Channel is dedicated to creating the highest quality non-fiction content that informs and entertains its consumers about the world in all its wonder, diversity and amazement. The network, which is distributed to 100.8 million U.S. homes, can be seen in 224 countries and territories, offering a signature mix of compelling, high-end production values and vivid cinematography across genres including, science and technology, exploration, adventure, history and in-depth, behind-the-scenes glimpses at the people, places and organizations that shape and share our world. For more information, please visit www.discovery.com

About Discovery:

Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming each year and has category leadership across deeply loved content genres around the world. Available in 220 countries and territories and 50 languages, Discovery is a platform innovator, reaching viewers on all screens, including TV Everywhere products such as the GO portfolio of apps and Discovery Kids Play; direct-to-consumer streaming services such as Eurosport Player and Motor Trend OnDemand; and digital-first and social content from Group Nine Media. Discovery's portfolio of premium brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, Turbo/Velocity, Animal Planet, and Science Channel, as well as OWN: Oprah Winfrey Network in the U.S., Discovery Kids in Latin America, and Eurosport, the leading provider of locally relevant, premium sports and Home of the Olympic Games across Europe. For more information, please visit www.corporate.discovery.com and follow @DiscoveryIncTV across social platforms.

Disclaimer

Discovery Inc. published this content on 29 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 November 2018 23:16:02 UTC

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Financials ($)
Sales 2018 10 590 M
EBIT 2018 2 288 M
Net income 2018 736 M
Debt 2018 16 199 M
Yield 2018 -
P/E ratio 2018 26,36
P/E ratio 2019 12,41
EV / Sales 2018 2,85x
EV / Sales 2019 2,45x
Capitalization 13 976 M
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 34,0 $
Spread / Average Target 21%
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NameTitle
David M. Zaslav President, Chief Executive Officer & Director
Robert J. Miron Chairman
David C. Leavy Chief Operations & Communications Officer
Gunnar Wiedenfels Chief Financial Officer
John Kenneth Honeycutt Chief Technology Officer
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