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Discovery Communications Management Discusses Q2 2012 Results - Earnings Call Transcript

Discovery Communications (DISCA)

Q2 2012 Earnings Call

July 31, 2012 8:30 am ET

Executives

Craig Felenstein

David M. Zaslav - Chief Executive Officer, President, Director and Member of Executive Committee

Andrew C. Warren - Chief Financial Officer and Senior Executive Vice President

Analysts

Douglas D. Mitchelson - Deutsche Bank AG, Research Division

Benjamin Swinburne - Morgan Stanley, Research Division

David Bank - RBC Capital Markets, LLC, Research Division

John Janedis - UBS Investment Bank, Research Division

Todd Juenger - Sanford C. Bernstein & Co., LLC., Research Division

Jessica Reif Cohen - BofA Merrill Lynch, Research Division

Michael Nathanson - Nomura Securities Co. Ltd., Research Division

Anthony J. DiClemente - Barclays Capital, Research Division

Tuna N. Amobi - S&P Equity Research

Barton E. Crockett - Lazard Capital Markets LLC, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Quarter 2 2012 Discovery Communications Incorporated Earnings Conference Call. My name is Ben, and I will be your operator for today. [Operator Instructions] As a reminder, this call is being recorded for replay purposes.

I would now like to turn the call over to Mr. Craig Felenstein, Vice President of Investor Relations. Please proceed, sir.

Craig Felenstein

Thank you, operator, and good morning, everyone. Welcome to Discovery Communications Second Quarter 2012 Earnings Call. Joining me today is David Zaslav, our President and Chief Executive Officer; and Andy Warren, our Chief Financial Officer.

Hopefully, you have all received the earnings release, but if not, feel free to access it on our website at www.discoverycommunications.com.

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