Warner Bros. Discovery Inc (STU:J5A)
€ 8.641 -0.051 (-0.59%) Market Cap: 21.22 Bil Enterprise Value: 55.81 Bil PE Ratio: 0 PB Ratio: 0.64 GF Score: 68/100

Discovery Inc at Bank of America Merrill Lynch Media, Communications and Entertainment Virtual Conference Transcript

Sep 09, 2020 / 01:50PM GMT
Release Date Price: €19.2 (-0.52%)
Jessica Jean Reif Ehrlich
BofA Merrill Lynch, Research Division - MD in Equity Research

Good morning. I think we are live at this point. So Gunnar, it is a thrill to welcome you back to our conference. Everybody, welcome. So Gunnar Wiedenfels, CFO of Discovery.

Gunnar, you've been at Discovery for a little over 3 years, and so much has happened in that time frame. You acquired Scripps. You've optimized the cost basis of the combined companies, secured rights to PGA outside the U.S. You've launched multiple [units] such as Joyn, which is the JV with ProSieben, both [S5] offerings with linear channels and on-demand content. You've launched the Food Network [to say a few] things. We want to get into all of these topics and more today.

Questions & Answers

Jessica Jean Reif Ehrlich;Gunnar
BofA Merrill Lynch, Research Division - MD in Equity Research

But before we do, let's just start with the kind of an overall question of what are your key financial and strategic priorities for the company over the next 12 to 24 months?

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