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    • Increased 4%

      • Total revenues of $2,792 million increased 4% compared to the prior year quarter, or increased 3% ex-FX.
      ir.corporate.discovery.com/news-and-events/financial-news/financial-news-details/2021/Discovery-Inc.-Reports-First-Quarter-2021-Results/default.aspx
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  2. Feb 24, 2022 · Operational Highlights. Ended 2021 with 22 million DTC Subscribers (5), an increase of 2 million subscribers since the end of Q3. Generated $450 million of Next Generation Revenues (5) in Q4, and roughly $1.6 billion of Next Generation Revenues in 2021, growth of 80% versus the prior year.

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    •Total operating expenses decreased 8% compared to the prior year quarter to $907 million. – Costs of revenues increased 14% primarily due to higher content amortization at discovery+, which launched in January 2021, and the linear networks.

  4. Feb 22, 2021 · Total operating expenses of $909 million increased 13%, or increased 9% ex-FX, compared to the prior year quarter. Costs of revenues increased 10% ex-FX primarily due to sports content spend in Europe.

  5. Studios revenues decreased 18% ex-FX to $3,173 million compared to the prior year quarter. Content revenue decreased 20% ex-FX. TV revenue declined significantly primarily due to the impact of the WGA and SAG-AFTRA strikes and certain large licensing deals in the prior year.

  6. Feb 22, 2021 · Total operating expenses of $909 million increased 13%, or increased 9% ex-FX, compared to the prior year quarter. Costs of revenues increased 10% ex-FX primarily due to sports content...

  7. Nov 3, 2021 · Total operating expenses increased 26% to $895 million compared to the prior year quarter. Costs of revenues increased 3% primarily due to third-party app store fees and our growing content investment in discovery+.

  8. Feb 24, 2022 · Financial Highlights. • Q4 total revenues of $3,187 million increased 10%, or increased 11% ex-FX (1), compared to the prior year quarter. – Q4 U.S. advertising revenues increased 5% and distribution revenues increased 17%; and. – Q4 International advertising revenues increased 10%, or 12% ex-FX, and distribution revenues increased 2%, or 5% ex-FX.

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