Discovery Q1 revenues dip as Zaslav underlines force majeure rights protection

Discovery, the US-based media group that owns pan-European sports broadcaster Eurosport, has reported first-quarter revenues of $923m (€854.7m) at its international division, a 3-per-cent fall on the equivalent figure announced 12 months ago.

First-quarter advertising revenues at the International Networks division totalled $376m, a 4-per-cent drop. Distribution revenues were $515m, a 2-per-cent year-on-year fall.