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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Discovery Inc    DISCA

DISCOVERY INC

(DISCA)
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Discovery : FAMILIES TURN HOMES INTO MONEY-MAKING SHORT-TERM RENTAL PROPERTIES IN HGTV'S 'MY HOUSE IS YOUR HOUSE' - Discovery, Inc.

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05/20/2019 | 04:36am EDT

New York -- People who want to transform their homes into short-term rental properties that are long-term money makers will love the new HGTV series My House Is Your House. The series, premiering on Saturday, June 1, at 11 p.m. ET/PT, showcases a Nashville-based mother-daughter duo, Victoria and Teryn, and a San Diego-based husband-wife team, Ryan and Claire, who help clients transform unused areas of their homes or lackluster rental spaces into stunning vacation properties. Smart renovations and creative, multifunctional designs help increase nightly rates and inspire stellar online reviews-all while increasing home value.

The duos know that the key to success is a perfect design plan that works for homeowners and renters. In Nashville, Victoria and Teryn attract tourists to renovated rentals with great curb appeal, pleasing layouts and convertible furniture that can accommodate extra guests.

"We've created hundreds of successful rental properties, so we know what people are looking for when they're checking out the options online," said Teryn.

In San Diego, Ryan and Claire focus on unique design elements and multipurpose outdoor spaces that capitalize on the area's breathtaking views and beautiful weather.

"Getting those 5-star reviews comes down to adding unique features that highlight what makes our town special," said Ryan.

Fans can visit hgtv.com/MyHouseIsYourHouse for exclusive content about the hosts, as well as before and after photo galleries of the renovated rental spaces. Fans also can interact on social media using #MyHouseIsYourHouse.

ABOUT HGTV

HGTV delivers the superstar experts, fascinating families, compelling renovations and stunning transformations that make all things home fun. America's favorite way to get entertaining, relatable and inspirational home and lifestyle content, HGTV offers: a top 10 cable network that is distributed to more than 88 million U.S. households; a website, HGTV.com, that attracts an average of 9.7 million people each month; a social footprint of 16.8 million; HGTV Magazine, a monthly publication that reaches more than one million readers and exclusive collections of home-oriented products through the HGTV HOME(TM) consumer products line. Viewers can become fans of HGTV and interact with other home improvement enthusiasts through Facebook, Twitter, Pinterest and Instagram. HGTV is owned by Discovery, Inc., a global leader in real life entertainment spanning 220 countries and territories, whose portfolio also includes Discovery Channel, Food Network, TLC, Investigation Discovery, and OWN: Oprah Winfrey Network.

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(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials ($)
Sales 2019 11 157 M
EBIT 2019 3 225 M
Net income 2019 1 789 M
Debt 2019 13 915 M
Yield 2019 -
P/E ratio 2019 10,44
P/E ratio 2020 10,24
EV / Sales 2019 2,52x
EV / Sales 2020 2,28x
Capitalization 14 236 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 34,5 $
Spread / Average Target 21%
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Managers
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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