Warner Bros. Discovery Inc (STU:J5A)
€ 8.524 -0.17 (-1.96%) Market Cap: 20.86 Bil Enterprise Value: 55.02 Bil PE Ratio: 0 PB Ratio: 0.64 GF Score: 74/100

Discovery Inc at Deutsche Bank Media and Telecom Conference Transcript

Mar 12, 2019 / 03:15PM GMT
Release Date Price: €25.15 (+0.88%)
Bryan D. Kraft
Deutsche Bank AG, Research Division - Senior Analyst

The clock's already ticking here. Okay. Thanks, everyone, for joining us. I'm really happy to introduce Gunnar Wiedenfels, the CFO of Discovery Communications. Welcome, Gunnar.

Gunnar Wiedenfels
Discovery, Inc. - CFO

Good morning. Thanks for having us.

Questions & Answers

Bryan D. Kraft
Deutsche Bank AG, Research Division - Senior Analyst

So it's been a year since you closed the Scripps acquisition. You and David had a certain thesis and vision for what that deal would do for Discovery strategically and financially. What has the actual experience been compared to that initial thesis so far?

Gunnar Wiedenfels
Discovery, Inc. - CFO

Done so much more for us than what we expected. I mean, we were going into this transaction pretty optimistically, of course, because we could see that it was a perfect fit in terms of the cultures of the 2 companies, the portfolio. But looking back on the first 12

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