Net income came to $672 million, or $1.01 per share, compared with $271 million, or 40 cents a share.
The New York owner of the HGTV, Food Network and Discovery Channel cable outlets said overall revenue in the second quarter rose 21% to $3.06 billion, compared with $2.54 billion in the year-earlier period. Discovery is in 2022 expected to take operational control of the assets of WarnerMedia now operated by AT&T.
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“Advertising revenue increased in every region of the globe and accelerated throughout the quarter,” said David Zaslav, CEO of Discovery, in a statement, adding that the company “continued to steadily execute in our emerging next generation businesses.”
Like many of its rivals,