Discovery Communications has reported a 61% increase in international revenues in the second quarter, driven by a 119% increase in advertising revenues and 29% in distribution revenues.
The figures, which exclude recently acquired businesses, benefitted from increased subscribers in Latin America, while in Europe increased viewership and higher pricing boosted the figures.
David Zaslav, Discovery’s President and Chief Executive Officer said, “Discovery’s strong operating and financial momentum continued during the second quarter as we further capitalized on the organic growth opportunities across our portfolio while beginning to take advantage of the benefits that our recent strategic acquisitions provide.
Total second quarter revenues of $1,467 million were up $341 million, or 30%, compared to the second quarter a year ago.