In Q2 of this year, Discovery Communications’ revenue rose 21 percent year-over-year to $3.06 billion, with earnings per share at $1.01, exceeding Wall Street predictions of $2.97 billion in revenue and 85 cents earnings. The company also revealed that, at the end of Q2, it had 17 million direct-to-consumer customers that increased to 18 million last Tuesday after airing the Olympics in Europe. Its Q2 U.S. ad revenue also rose 12 percent year-over-year while international ad revenue skyrocketed 70 percent, ahead of 2019 levels. Continue reading Discovery Revenue, Subs Rise with Olympics, Discovery Plus

Cox Communications is introducing a new service that offers a personalized TV experience for its subscribers. With the Contour service, Cox is attempting to offer Netflix-like recommendations. Cox will use Contour to learn what its subscribers enjoy and combine “on-demand” features with live TV. Marketed separately from other Cox services, Contour includes three components: a data-driven TV guide, more powerful DVR and a redesigned app. Continue reading Cox Launches Contour Personal TV Experience on the iPad