Discovery U.S. Ad Revenue Growth Slows Amid Flagship Ratings Challenges

By Christine Zosche 

Discovery on Tuesday swung back to fourth-quarter earnings after posting a year-ago loss, but U.S. advertising revenue growth slowed amid ratings challenges at its flagship Discovery Channel. (THR)

Revenues grew by 8 percent at its global channels business compared to a more modest 1 percent at its domestic networks. Total revenue grew by 3 percent over the 12 months to the end of 2018, this growth hit by the sale of its education division in April. (Deadline)

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