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Discovery Q1 revenues dip as Zaslav underlines force majeure rights protection

President and CEO, Discovery, Inc. David Zaslav (Photo by Amanda Edwards/Getty Images for Discovery, Inc.).

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.

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