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4-Traders Homepage  >  Equities  >  Nasdaq  >  Discovery Communications Inc.    DISCA

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Discovery Communications Inc. : The Huffington Post Media Group Partners with OWN: Oprah Winfrey Network to Launch Oprah Winfrey Section on Huffingtonpost.com this August

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05/23/2012 | 05:39pm CET

(New York, NY and Los Angeles, Ca.) The Huffington Post Media Group, a leading source of news, opinion, entertainment, community and digital information and OWN: Oprah Winfrey Network announced today the launch of an Oprah Winfrey section on Huffingtonpost.com coming August 2012.  The announcement was made by Arianna Huffington, president and editor-in-chief of The Huffington Post Media Group, and Erik Logan and Sheri Salata, presidents, OWN.

The special section on the website will feature content created and curated by writers and producers from OWN and Oprah.com specifically for The Huffington Post.  Additionally, the section will call upon The Huffington Post's vast network of bloggers and community to have a conversation around Oprah.com content.  

"We are thrilled to partner with Oprah Winfrey and OWN," said Arianna Huffington. "Oprah was about engagement and authenticity long before engagement and authenticity ruled the web. And since those qualities are deeply embedded in the DNA of both OWN and HuffPost, I'm delighted that we'll be working together to enlarge the conversation on living our best lives, as Oprah puts it, just as we launch our GPS for the Soul app."

"This partnership is a great example of our innovative digital efforts to provide unique ways to engage with our viewers using online and social media platforms, said Logan.  Added Salata, "The special Oprah-branded experience will reach millions of passionate Huffington Post readers in addition to the loyal followers of Oprah.com."

The Huffington Post Oprah section will contain a mix of articles, blogs and interactive content that will connect with the audience on an emotional and spiritual level. The site will provide practical advice and resourcesencouraging people to discover their best selvesand to lead happy, fulfilling lives by taking steps to attain their goals. Topics covered will include personal growth, spirituality and aspects of physical and mental health.

About The Huffington Post
The Huffington Post is a Pulitzer Prize-winning source of breaking news, features, and entertainment, as well as a highly engaged community for opinion and conversation. The Huffington Post has 36.9 million monthly unique visitors (comScore April, 2012) posting over 6.5 million comments each month. The site has over 30,000 bloggers -- from politicians, students and celebrities to academics, parents and policy experts -- who contribute in real-time on the subjects they are most passionate about. The Huffington Post has editions in the UK, Canada, Quebec, and France, with El Huffington Post Spain and L'Huffington Post Italia scheduled to launch this year. 

About OWN: Oprah Winfrey Network
A joint venture between Harpo, Inc. and Discovery Communications, OWN: Oprah Winfrey Network is a multi-platform media company designed to entertain, inform and inspire people to live their best lives.  OWN debuted on January 1, 2011 on what was the Discovery Health Channel and is in approximately 85 million homes.  The venture also includes the award-winning digital platform, Oprah.com.  For more information, please visit www.oprah.com/own and www.press.discovery.com/us/own.

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Financials ($)
Sales 2016 6 507 M
EBIT 2016 2 056 M
Net income 2016 1 092 M
Debt 2016 7 811 M
Yield 2016 -
P/E ratio 2016 15,04
P/E ratio 2017 13,16
EV / Sales 2016 2,93x
EV / Sales 2017 2,78x
Capitalization 11 249 M
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Mean consensus HOLD
Number of Analysts 27
Average target price 28,1 $
Spread / Average Target -2,3%
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NameTitle
David M. Zaslav President, Chief Executive Officer & Director
Robert J. Miron Chairman
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John Kenneth Honeycutt Chief Technology Officer
M. LaVoy Robison Independent Director
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