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Corporation
MEDIA (TRADITIONAL)
discovery.com

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Investments

39

Portfolio Exits

15

Partners & Customers

10

About Discovery

Discovery, fka Discovery Communications, is the world's number-one nonfiction media company reaching more than 1.5 billion cumulative subscribers in over 170countries. Discovery allows people to explore their world and satisfytheir curiosity through 100-plus worldwide networks, led by DiscoveryChannel, TLC, Animal Planet, Science Channel, Planet Green, InvestigationDiscovery and HD Theater, as well as consumer and educationalproducts and services, and a diversified portfolio of digital mediaservices including HowStuffWorks.

Discovery Headquarter Location

1 Discovery Place

Silver Spring, Maryland, 20910,

United States

240-662-2000

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Expert Collections containing Discovery

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Discovery in 1 Expert Collection, including Fortune 500 Investor list.

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Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

Discovery Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Discovery Rank

Latest Discovery News

Discovery Bank hits 1 million accounts, expands banking and lifestyle benefits

Jun 24, 2022

Partner 24 June 2022 Subscribe Over the past year, Discovery Bank has seen strong deposit growth and considerable traction of its shared-value banking model amongst its client base; the appeal of a full service, shared value, digital bank is reflected in Discovery Bank’s strong growth to over 1 million accounts since its public launch in 2020. The Bank has just announced the milestone of reaching one million accounts and revealed exciting new products, including Vitality Pay as you Gym, the introduction of the Discovery Account – available to clients of the Discovery group and enhanced travel benefits like access to The Lounge, a strategic partnership between Discovery and SAA providing airport lounge access for the Bank’s clients. Hylton Kallner, CEO of Discovery Bank, says: “The Bank has scaled quickly and built a uniquely powerful digital banking and technology capability.” “This is now being deployed as the de facto operating system for the Discovery Group in South Africa.” “Discovery Bank’s digital payments technology, advanced security features and shared value rewards capabilities represent a unique opportunity to deliver new products and digital services to all of our clients.” Discovery Bank has firmly established itself as the leading digital bank in South Africa, operating a full-service branchless bank through its banking app that caters for the full spectrum of the retail market, driving high levels of client engagement, utilisation and value. This value is reflected in the one million accounts being held by over 450 000 clients, with over R11 billion in deposits and R4.5 billion in credit advances today. At its product update briefing with financial advisers today, the Bank announced its latest product enhancements: 1. A more rewarding travel experience with Vitality Travel Vitality Travel was launched in March of this year, offering a single and convenient booking platform that incorporates travel partners, discounts, and other travel services through Discovery Bank. Since its launch, in the short space of four months, Discovery Bank clients are saving on average 31% per flight. With the complete rewards and personalised experiences that Vitality Travel offers, Discovery Bank makes travel as convenient and relaxing as possible for all Discovery clients. The following new benefits are now available for Discovery Bank clients: Access to The Lounge, a partnership between Discovery Bank and SAA, which offers clients an elevated pre-flight experience with upgraded comforts to refuel body and mind, such as premium coffee and drinks, and healthy dining options. The Lounge provides a restful, ambient space where guests can connect, or get connected, ahead of their beautiful adventures. As an introductory offer, clients with Platinum, Black or Purple Discovery Cards can enjoy unlimited use of The Lounge until the end of 2022 at OR Tambo (domestic and international departures), Cape Town and King Shaka airports. In addition to domestic departures at OR tambo and Cape Town airports, Priority Fast Track is now also available at international arrivals at OR Tambo International airport for Discovery Bank Purple Card holders. SAA and CemAir will also join the Vitality Travel flight partner network, complementing Safair, Airlink and LIFT to complete a full offering of discounted flights on all SA domestic and regional flights. The Vitality Travel platform accommodation listings now also gives access to properties listed on Booking.com at their best available rates. 2. Vitality Pay as you Gym Making physical activity more accessible for all Discovery clients, Discovery Bank will offer Vitality Pay as you Gym to all clients, including those with a Discovery Account. It’s easy to use and clients can access more than 170 Virgin Active and Planet Fitness clubs nationwide. Clients simply go to a club, scan the QR code at the entrance, seamlessly pay the access fee of between R75 and R100 (depending on the facility) from either a Discovery Bank transaction account, credit card or using Discovery Miles, and enjoy their workout. As an introductory special offer, Discovery clients can make unlimited use of Vitality Pay as you Gym for free between 20 June and 31 July 2022 and get a free smoothie after their first visit. 3. Discovery Account Discovery clients who don’t already have a Bank account, now have exclusive access to the Discovery Account. It is a fully digital banking account at zero monthly fees, that is easy to activate; clients can access their full Discovery product portfolio in the app and also have access to these benefits: The Vitality Travel booking platform and its unique rewards with a 10% saving on local and international flights (up to 35% for Vitality Health members) on all domestic and regional flights – including Airlink, FlySafair, LIFT, South African Airways and CemAir – as well as on accommodation and car hire. The platform also includes access to properties and the best available rates on Booking.com so that clients can book everything in one place, with the option of paying with Discovery Miles and using the benefits of Vitality Travel servicing. A Discovery Miles Account where clients can track and save the Discovery Miles that they earn across their Discovery products (including their Vitality Health and Vitality Drive benefits). Clients can convert their Miles into cash and they automatically qualify for up to 15% off when they spend Discovery Miles – doubling to up to 30% off on Miles Ð-Day (on the 15th of every month). Discovery Pay, the digital payments capability for real time payments. This includes Health Pay whereby Discovery Health Medical Scheme members can integrate payments for out-of-pocket medical expenses. Members can instantly settle any out-of-pocket expenses at participating GPs, pharmacies, hospitals, pathologists, radiologists, and other healthcare providers directly from a linked Discovery Bank account. “Our first million accounts is an endorsement of our shared-value banking model and provides us with a strong foundation to continue to disrupt the market.” “With all of the new services and capabilities announced today, our goal is to do just this and further enhance our clients’ banking, travel and payments journeys, and enable Discovery Bank as the operating system for all Discovery clients and products.” Kallner concludes. Other notable innovations since launching the Bank in 2019 include: Giving clients control of their interest rates with Dynamic Interest Rates . The Vitality Money programme that helps clients manage their money well and rewards them for it. Discovery Miles, the world’s first shared-value rewards currency that is worth more than cash. On the 15th of every month clients can get up to 40% off when they spend their Discovery Miles at leading retailers across South Africa. Vitality Money Financial Analyser – a state of the art budgeting tool with smart notifications to keep clients on track to meet their money goals. Vitality Travel – giving clients the most rewarding travel platform with discounts on airline tickets, accommodation and car hire across the widest range of partners – all in one place. Discovery Bank is revolutionising banking, combining innovative technology and leading digital capabilities with the Group’s understanding of risk and behaviour change to create a new category of banking centred on shared value. This unique approach is driven by Vitality Money, which measures how well clients manage their money – the better they do, the higher their Vitality Money status and the greater the value they receive, all through a shared-value stack of unprecedented and personalised rewards. Subscribe When the car is out of warranty and motorplan When its nolonger roadworthy After it is paid off When the maintenance costs begin to exceed the car's value When a new model comes out When the mileage exceeds 100,000 kms

Discovery Investments

39 Investments

Discovery has made 39 investments. Their latest investment was in OpenAP as part of their Corporate Minority - V on January 1, 2022.

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Discovery Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/10/2022

Corporate Minority - V

OpenAP

Yes

2

5/17/2021

Corporate Minority

Warner Bros. Discovery

Yes

9

4/28/2021

Unattributed

Enduro Sports Organization

Yes

1

3/19/2021

Corporate Minority

Subscribe to see more

Subscribe to see more

10

1/24/2021

Corporate Minority

Subscribe to see more

Subscribe to see more

10

Date

1/10/2022

5/17/2021

4/28/2021

3/19/2021

1/24/2021

Round

Corporate Minority - V

Corporate Minority

Unattributed

Corporate Minority

Corporate Minority

Company

OpenAP

Warner Bros. Discovery

Enduro Sports Organization

Subscribe to see more

Subscribe to see more

Amount

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

9

1

10

10

Discovery Portfolio Exits

15 Portfolio Exits

Discovery has 15 portfolio exits. Their latest portfolio exit was Group Nine Media on December 14, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/14/2021

Acquired

5

2/1/2021

Acquired - II

8

4/28/2020

Acquired

$99M

10

3/23/2020

Reverse Merger

Subscribe to see more

Subscribe to see more

10

3/10/2020

Acquired

Subscribe to see more

Subscribe to see more

10

Date

12/14/2021

2/1/2021

4/28/2020

3/23/2020

3/10/2020

Exit

Acquired

Acquired - II

Acquired

Reverse Merger

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

5

8

10

10

10

Discovery Acquisitions

16 Acquisitions

Discovery acquired 16 companies. Their latest acquisition was Mediaworks - TV Business on September 08, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/8/2020

$99M

Acquired Unit

1

12/17/2019

$99M

Acquired

1

5/13/2019

$99M

Acquired - II

1

3/6/2018

Subscribe to see more

$99M

Subscribe to see more

10

12/5/2017

Other

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/8/2020

12/17/2019

5/13/2019

3/6/2018

12/5/2017

Investment Stage

Other

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired Unit

Acquired

Acquired - II

Subscribe to see more

Subscribe to see more

Sources

1

1

1

10

10

Discovery Partners & Customers

10 Partners and customers

Discovery has 10 strategic partners and customers. Discovery recently partnered with Astro Malaysia Holdings on May 5, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

5/5/2022

Partner

Malaysia

Warner Bros. Discovery partners with Astro to honour Malaysia’s iconic dishes and urban gardens with brand new shows

Discovery today announced a partnership with Astro , Malaysia 's leading content and entertainment company , to celebrate Malaysia 's food , culture , and intimate gardens with the premiere of brand-new shows `` Green Crashers '' on HGTV and `` Best.Ever . ''

1

3/8/2022

Partner

China

Orbit Discovery and WuXi AppTec Sign Agreement to Access Peptide Discovery and Optimisation Technologies

OXFORD , England -- -- Discovery , a ground-breaking peptide discovery company is pleased to announce the commencement of a partnership with WuXi AppTec , a leading global provider of R&D and manufacturing services that enable the global pharmaceutical and healthcare industry .

3

2/19/2022

Vendor

United Arab Emirates

Rotana Media Services partners with Fatafeat, part of Discovery Inc.

Layla Tamim , Head of Ad Sales and Brand Partnerships MENA , Discovery Communications Inc. said : `` We are excited to be partnering with Rotana Media Services , whose expertise in offering specialized media solutions will help build on Fatafeat 's success in helping clients achieve their advertising goals .

1

2/15/2022

Partner

Hong Kong

Subscribe to see more

Subscribe to see more

10

2/15/2022

Partner

Hong Kong

Subscribe to see more

Subscribe to see more

10

Date

5/5/2022

3/8/2022

2/19/2022

2/15/2022

2/15/2022

Type

Partner

Partner

Vendor

Partner

Partner

Business Partner

Country

Malaysia

China

United Arab Emirates

Hong Kong

Hong Kong

News Snippet

Warner Bros. Discovery partners with Astro to honour Malaysia’s iconic dishes and urban gardens with brand new shows

Discovery today announced a partnership with Astro , Malaysia 's leading content and entertainment company , to celebrate Malaysia 's food , culture , and intimate gardens with the premiere of brand-new shows `` Green Crashers '' on HGTV and `` Best.Ever . ''

Orbit Discovery and WuXi AppTec Sign Agreement to Access Peptide Discovery and Optimisation Technologies

OXFORD , England -- -- Discovery , a ground-breaking peptide discovery company is pleased to announce the commencement of a partnership with WuXi AppTec , a leading global provider of R&D and manufacturing services that enable the global pharmaceutical and healthcare industry .

Rotana Media Services partners with Fatafeat, part of Discovery Inc.

Layla Tamim , Head of Ad Sales and Brand Partnerships MENA , Discovery Communications Inc. said : `` We are excited to be partnering with Rotana Media Services , whose expertise in offering specialized media solutions will help build on Fatafeat 's success in helping clients achieve their advertising goals .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

3

1

10

10

Discovery Team

81 Team Members

Discovery has 81 team members, including current Executive Vice President, James Gibbons.

Name

Work History

Title

Status

James Gibbons

Executive Vice President

Current

David Macdonald

Youtube, Walt Disney Enterprises, NTT DoCoMo, and Canadian Armed Forces

President

Current

Allison Page

President

Current

Doug Baker

Chief Operating Officer, Executive Vice President

Current

Daniel Barnes

Chief Financial Officer

Current

Name

James Gibbons

David Macdonald

Allison Page

Doug Baker

Daniel Barnes

Work History

Youtube, Walt Disney Enterprises, NTT DoCoMo, and Canadian Armed Forces

Title

Executive Vice President

President

President

Chief Operating Officer, Executive Vice President

Chief Financial Officer

Status

Current

Current

Current

Current

Current

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