Discovery CEO Forecasts Growth For Ads, Affiliate Fees, And Digital

DNAP1235 August 2015 – In a conference call with analysts this morning Discovery CEO David Zaslav sounded a bit like Friday Night Light’s Coach Taylor trying to boost the morale of a football team that’s losing at half time. Discovery shares opened down more than 5% after it reported weaker than expected Q2 earnings. But Zaslav assured the Street that he sees growth ahead in the challenged mainstays of the pay TV business — advertising and affiliate fees — as well as new digital opportunities.

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