The Media Giants Fighting For Your Attention

Discovery Inc. Like most major media companies, Discovery Inc bring in most of the revenue from advertising. In 2020 the company brought in $5.5 billion from advertising revenue and $4.8 billion from distribution revenue. The company has been adjusting their means of operations as the overall demand for pay-TV goes down due to consumers having access to such wide ranges of content through subscription services. The highs and lows of Discovery Inc’s Income and Revenue are: Highest: Revenue: 2019 = $11.1 billion Income: 2019 = $2 billion Lowest: Revenue: $4.2 billion Income: $900 million The Walt Disney Company The Walt…...