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    DISCA   US25470F1049

DISCOVERY, INC.

(DISCA)
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Discovery : FOOD NETWORK CELEBRATES THE HOLIDAYS WITH SPECIAL SEASONAL EPISODES OF MAGNOLIA TABLE WITH JOANNA GAINES

11/23/2021 | 03:10pm EST

Episodes Will Have Their Linear Premiere on Food Network Saturday, December 18th at 12pm ET/PT

NEW YORK - November 23, 2021-Food Network is preparing for the season with a jam-packed schedule of holiday fare including two special back-to-back episodes of Magnolia Table with Joanna Gainesthat will make their linear premiere on Saturday, December 18that 12pmET/PTon Food Network. Featuring lifestyle star and host Joanna Gaines, the special episodes will showcase holiday side dishes and candy recipes just in time for the season. As family and friends gather this time of year, finding those perfect meals to come together over, as well as to offer up as the perfect gifts, is made all the more easy as Joanna opens up her kitchen to share the festive dishes she is cooking up.

"Food Network's viewers have an insatiable appetite for holiday content, pairing that with Joanna's fans, who turned out in record numbers last April when we last had her premieres on our schedule, we knew serving up these special episodes of Magnolia Table with Joanna Gaineswould be a welcome treat this time of year," said Courtney White, President, Food Network and Food Streaming Content, Discovery, Inc.

In the first episode, "Holiday Candy," Joanna shares one of her favorite holiday traditions: making candy to give as gifts to family and friends. Viewers will be inspired for their own gift-giving plans as Joanna shares her classic treat recipes like salted caramel peanut brittle, white chocolate peppermint bark, cherry mashers, peanut butter balls and caramels. Then, in "Holiday Sides," Joanna whips up her favorite side dishes to ring in the holidays. Her menu includes homemade green bean casserole, delicious sweet potato casserole, creamy macaroni and cheese, gooey pecan bars and spiced mulled cider. The Food Network linear premieres take place in advance of Magnolia Network's rebrand of DIY Network on January 5.

Fans can follow along and share their favorite recipes using #MagnoliaTable!

Produced by Blind Nil LLC for Magnolia Network.

###

MAGNOLIA NETWORKis a media joint venture between Chip and Joanna Gaines and Discovery, Inc., a global leader in real life entertainment reaching 3 billion cumulative viewers in more than 220 countries and territories. At Magnolia Network, we believe in telling life's stories authentically and empowering our viewers to move past their comfort zones and try new things. We seek to entertain through smart, layered storytelling that inspires creativity, upholds beauty and draws out curiosity. Here, we are creating a space where we hope viewers will feel their time with us is never without purpose, but rather is time well spent.

FOOD NETWORK is a unique lifestyle network, website and magazine that connects viewers to the power and joy of food. The network strives to be viewers' best friend in food and is committed to leading by teaching, inspiring, empowering and entertaining through its talent and expertise. Food Network is distributed to nearly 100 million U.S. households and draws over 46 million unique web users monthly. Since launching in 2009, Food Network Magazine's rate base has grown 13 times and is the No. 2 best-selling monthly magazine on the newsstand, with 13.5 million readers. Food Network is owned by Discovery, Inc., a global leader in real life entertainmentserving a passionate audience of superfans around the world and spanning 220 countries and territories; the portfolio also includes direct-to-consumer streaming services such as discovery+ and Food Network Kitchen, along with premium brands Discovery Channel, HGTV, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, and the multi-platform JV with Chip and Joanna Gaines, Magnolia Network as well as OWN: Oprah Winfrey Network, Discovery Kids in Latin America, and Eurosport.

Disclaimer

Discovery Inc. published this content on 23 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2021 20:09:01 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2021 12 128 M - -
Net income 2021 1 322 M - -
Net Debt 2021 11 724 M - -
P/E ratio 2021 13,6x
Yield 2021 -
Capitalization 17 561 M 17 561 M -
EV / Sales 2021 2,41x
EV / Sales 2022 2,18x
Nbr of Employees 9 800
Free-Float 64,1%
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Number of Analysts 22
Last Close Price 26,88 $
Average target price 39,17 $
Spread / Average Target 45,7%
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David M. Zaslav President, Chief Executive Officer & Director
Gunnar Wiedenfels Chief Financial Officer
Robert J. Miron Chairman
Avi Saxena Chief Technology Officer
David C. Leavy Chief Corporate & Operating Officer
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