Great Quarter for Discovery, but Oprah Net Still Under Fire

Zaslav on OWN: 'The mission is to grow an audience'

It was a good fourth quarter for Discovery Communications. The cable network company saw revenues increase 12 percent to $4.2 billion, propelled by a 13 percent uptick in domestic ad revenue (17 percent, if you exclude figures from the defunct Discovery Health) and 7 percent more in affiliate fees.