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    DISCA   US25470F1049

DISCOVERY, INC.

(DISCA)
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FROM THE FRUSTRATING TO THE FATAL - THE IMPACT OF INFRASTRUCTURE FAILURES IS EXPLORED IN TWO TIMELY NEW PROJECTS COVERING THE DEADLY FLORIDA SURFSIDE CONDO DISASTER AND THE GLOBAL SUPPLY CHAIN BREAKDOWN - Discovery, Inc.

12/01/2021 | 04:48am EST

Discovery Announces a New Special and Limited Series That Examines What Has Gone Wrong

'WHEN BUILDINGS COLLAPSE: DISASTER IN SURFSIDE' Premieres Saturday, December 4 at 8 PM ET/PT on Discovery

The Three-Episode Limited Series 'OUT OF STOCK: SUPPLY CHAIN CRISIS' Premieres Saturday, December 18 at 8 PM ET/PT on Discovery

(LOS ANGELES) - One revelation from the pandemic has been that systems in place for decades can fail when they are pushed to their limits. The prevalence of empty shelves in stores, and daily news stories about barges with goods stuck offshore highlight a supply chain that can no longer serve the globe. And a catastrophic building disaster in the midst of the pandemic brings to light a variety of dangers - from weather and erosion to outdated construction standards. Discovery explores how critical infrastructure failures can lead to catastrophic disasters, inflation, a lack of necessities and a host of other problems that affect day to day life.

Using startling security footage, 911 calls, eyewitness accounts and CGI technology, Discovery sheds light on what happened during the sudden collapse of the condominium building Champlain Towers South in Surfside, Florida, the possible causes and what can be done to prevent this from ever happening in the future. And in a three-episode limited series, Discovery will pull back the curtain on the complexities of the global supply chain explaining how factors like canal blockages and labor shortages caused by the pandemic have had a domino effect on getting products and food on the shelves and fuel into our cars.

The programming lineup will include -

'WHEN BUILDINGS COLLAPSE: DISASTER IN SURFSIDE' Premieres Saturday, December 4 at 8 PM ET/PT on Discovery

On June 24, 2021, at around 1:24am, the Champlain Towers South, a 12-story residential building in Surfside, Florida, collapsed in less than 12 seconds. In the aftermath of this tragedy and with millions of people living in similar apartment complexes across the country, teams of investigators are searching for answers to what went wrong. Through eyewitness accounts, dramatic user-generated footage, news archive and CGI animation, this special pieces together a moment-by-moment account of the disaster, recounts the rescue and recovery efforts and explores factors that could have contributed to the building collapsing. Did a sinkhole cause the collapse? Was the building's design flawed? Could the constant exposure to the elements or poor maintenance be responsible? Or could this be a perfect storm of issues that caused the collapse?

'OUT OF STOCK: SUPPLY CHAIN CRISIS' Premieres Saturday, December 18 at 8 PM ET/PT on Discovery

We have grown accustomed to walking into stores filled with packed shelves, gasoline available at every station and our online purchases arriving on time. But the pandemic has impacted every step of the supply chain, from manufacturing, to shipping worldwide, to transporting within a country, and even to stocking shelves. This limited series explores the complex shipping system at its best and how it has broken down - leaving goods stranded at docks and consumers panic shopping before holiday shortages ruin the upcoming season.

Follow the conversation on social media with #WhenBuildingsCollapseDisasterInSurfside and #OutOfStockSupplyChainCrisis, and follow Discovery Channel on Facebook, Twitter, and Instagram for more updates.

WHEN BUILDINGS COLLAPSE: DISASTER IN SURFSIDE is produced by Windfall Films, part of the Argonon Group, for Discovery Channel. For Windfall Films, the Series Producer is James Franklin and Executive Producers are Carlo Massarella and John Fothergill. OUT OF STOCK: SUPPLY CHAIN CRISIS is produced by Wag Entertainment. For Wag Entertainment, Executive Producers are Steven Green and Mark Carter. For Discovery Channel, executive producer is Lindsey Foster Blumberg.

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 88.3 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 nearly 50 languages, Discovery is a platform innovator, reaching viewers on all screens, including TV Everywhere products such as the GO portfolio of apps; direct-to-consumer streaming services such as Eurosport Player, Food Network Kitchen and MotorTrend OnDemand; digital-first and social content from Group Nine Media; a landmark natural history and factual content partnership with the BBC; and a strategic alliance with PGA TOUR to create the international home of golf. Discovery's portfolio of premium brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, and the forthcoming multi-platform JV with Chip and Joanna Gaines, Magnolia, 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 corporate.discovery.com and follow @DiscoveryIncTV across social platforms.

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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

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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 14,5x
Yield 2021 -
Capitalization 18 651 M 18 651 M -
EV / Sales 2021 2,50x
EV / Sales 2022 2,27x
Nbr of Employees 9 800
Free-Float 64,1%
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Technical analysis trends DISCOVERY, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 28,58 $
Average target price 39,17 $
Spread / Average Target 37,0%
EPS Revisions
Managers and Directors
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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