Discovery Communications, Inc. (DISCA, Financial) owns and operates several cable networks, including Discovery Channel, Animal Planet and the Learning Channel. Its networks have achieved ongoing increases in their viewership levels, which have allowed the company to charge higher rates to advertisers and to the cable systems that deliver their networks.We expect Discovery to continue to profit from lucrative deals with distributors that would like to offer the company's content through Internet-based platforms.
From Baron Funds’ first quarter 2013 letter.
From Baron Funds’ first quarter 2013 letter.
