Discovery Communications, Inc. (NASDAQ:DISCA) Files An 8-K Other Events

Item8.01

On March14, 2017, Discovery Communications, Inc. (the Company)
issued a press release announcing the early results of the
previously-announced cash tender offer (the Tender Offer) by its
wholly-owned subsidiary Discovery Communications, LLC (DCL) for
up to $600,000,000 combined aggregate principal amount of DCLs
5.050% Senior Notes due 2020 (the 2020 Notes) and 5.625% Senior
Notes due 2019 (the 2019 Notes and together with the 2020 Notes,
the Notes). to the Tender Offer, approximately $740,880,000 in
combined aggregate principal amount of the Notes were validly
tendered and not validly withdrawn on or prior to 5:00 p.m., New
York City time, on March13, 2017, the early tender deadline for
the tender offer. The terms of the Tender Offer are described in
the Offer to Purchase, dated February28, 2017.

Additionally, on March14, 2017, the Company issued a press
release announcing the pricing terms of the Tender Offer.

A copy of the Companys press release announcing the early results
of the Tender Offer is attached to this Current Report on Form
8-K as Exhibit 99.1 and is incorporated herein by reference. A
copy of the Companys press release announcing the pricing terms
of the Tender Offer is attached to this Current Report on Form
8-K as Exhibit 99.2 and is incorporated herein by reference. The
information contained in Item8.01 of this Current Report on Form
8-K and the press releases attached hereto as Exhibit 99.1 and
Exhibit 99.2 are for information purposes only and do not
constitute an offer to purchase the Notes.

About Discovery Communications, Inc. (NASDAQ:DISCA)

Discovery Communications, Inc., (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments are U.S. Networks, which consists principally of domestic television networks and Websites; International Networks, which consists primarily of international television networks and Websites; Education and Other, which consists principally of curriculum-based product and service offerings, and production studios, and Corporate and Inter-segment Eliminations. It distributes customized content in the United States, and over 220 other countries and territories in over 40 languages. The Company’s global portfolio of networks includes television brands, such as Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science and Velocity (known as Turbo outside of the United States).

Discovery Communications, Inc. (NASDAQ:DISCA) Recent Trading Information

Discovery Communications, Inc. (NASDAQ:DISCA) closed its last trading session down -0.04 at 27.46 with 1,763,889 shares trading hands.