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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Discovery, Inc.    DISCA

DISCOVERY, INC.

(DISCA)
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Discovery : OWN ANNOUNCES NEW UNSCRIPTED RELATIONSHIP SERIES ‘#LOVEGOALS' PREMIERING MARCH 2020

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11/21/2019 | 02:57pm EST

Series Features Five Celebrity Couples and a Licensed Therapist Under One Drama-Filled Roof Including: Benzino and Althea Hart, Sundy Carter and Breyon Williams, Coolio and Mimi Ivey, Dee Dee 'Spinderella' Roper and Quenton 'Q' Coleman, and Dwayne 'Money' Bowe and Theresa Bowe

Los Angeles - OWN: Oprah Winfrey Network announced today the straight-to-series order of the new unscripted relationship series '#LoveGoals,' set to premiere on OWN in March 2020. The series joins OWN's popular Saturday night lineup of unscripted shows that focus on love and relationships. Year-to-date, OWN is the #1 cable network on Saturday nights for African American viewers.

From Irwin Entertainment, the production company behind the hit series 'Celebrity Rehab,' 'Couples Therapy' and 'Family Therapy,' comes '#LoveGoals,' in which renowned family and relationship therapist, Spirit, counsels five celebrity couples who are at a crossroads in their relationship. Their challenges range from fame and power, to overcoming infidelity, childhood trauma and communication issues. Through an intense two-week therapy program that features both insight-oriented exercises and special guests, the famous couples will face and hopefully resolve their most challenging problems.

Appearing in the freshman season of '#LoveGoals' will be: Benzino and Althea Heart, whose tumultuous and litigious relationship is well known to fans from their featured roles in 'Love & Hip Hop: Atlanta;' Former NFL wide receiver and rapper Dwayne 'Money' Bowe and Theresa Bowe, who have been together for 11 years and wed in 2018; actress and former 'Basketball Wives' star Sundy Carter and Breyon Williams; former Salt-N-Pepa group member Dee Dee 'Spinderella' Roper and comedian Quenton 'Q' Coleman, plus rapper/actor/chef and producer Coolio and his fiancé, Mimi Ivey.

Series' host, Spirit, is a licensed therapist and media personality who aims to empower people with the skills, tools, and information vital to developing, sustaining and maximizing healthy, intimate relationships. Spirit was the host of Fox's, 'The Daily Helpline,' and XM/Sirius' nightly radio program 'Talking with Spirit.' She is also a regular guest of HLN, 'Dr. Drew: On Call,' 'The Bill Cunningham Show,' and 'The Rickey Smiley Morning Show.'

'#Love Goals' will be an exciting addition to the network's Saturday night lineup centered around love and marriage,' said OWN president Tina Perry. 'Spirit's healing approach to mending and strengthening relationships in this new weekly series will make for great television.'

'#LoveGoals' is from Irwin Entertainment. John Irwin, Damian Sullivan and

Andy Scheer are executive producers.

About OWN: Oprah Winfrey Network

OWN: Oprah Winfrey Network is the first and only network named for, and inspired by, a single iconic leader. Oprah Winfrey's heart and creative instincts inform the brand and the magnetism of the channel. OWN is a leading destination for a premium scripted and unscripted programming from today's most innovative storytellers. OWN's original scripted series include popular dramas 'Queen Sugar,' 'Greenleaf,' 'The Haves and the Have Nots,' 'If Loving You is Wrong,' 'Ambitions' and 'David Makes Man.' OWN's Saturday night unscripted programming lineup includes 'Iyanla: Fix My Life,' 'Ready to Love,' 'Love & Marriage: Huntsville,' 'Family or Fiancé' and 'Black Love.' OWN connects with its audience wherever they are, inspiring conversation among a global community of like-minded viewers on social media and beyond. Launched on January 1, 2011, OWN is a joint venture between Harpo, Inc. and Discovery, Inc. The venture also includes award-winning digital platform Oprah.com. Access OWN anytime on WatchOWN.tv or across mobile devices and connected TVs.

About Irwin Entertainment:

Based in Los Angeles, Irwin Entertainment, Inc. is a full service multi-platform television production company committed to producing and developing high quality projects in the comedy, reality, and live entertainment arenas. Headed by veteran television producer, John Irwin, the company has projects on air, in production, and in development with a variety of cable, broadcast, and digital networks including VH1, HBO, E!, NBC, Comedy Central, Netflix, CMT, TruTV, TBS, Oxygen, Spike, OWN, and A&E. Irwin is the president of the company, which he founded in 2004. Irwin's most recent projects in addition to 'A Little Late with Lilly Singh,' include NBC's Miss America 2020, and NBC's New Year's Eve 2020. Irwin has also produced stand up specials with Jim Jefferies, Michelle Wolf, Seth Meyers and Adam Sandler for Netflix.

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Disclaimer

Discovery Inc. published this content on 21 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 November 2019 19:56:04 UTC

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Financials (USD)
Sales 2019 11 141 M
EBIT 2019 3 265 M
Net income 2019 2 105 M
Debt 2019 14 153 M
Yield 2019 -
P/E ratio 2019 10,3x
P/E ratio 2020 10,9x
EV / Sales2019 3,11x
EV / Sales2020 2,85x
Capitalization 20 442 M
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Technical analysis trends DISCOVERY, INC.
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 35,00  $
Last Close Price 30,32  $
Spread / Highest target 38,5%
Spread / Average Target 15,4%
Spread / Lowest Target -17,5%
EPS Revisions
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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