First Quarter 2013 Highlights :
- Net revenues increased 17.1% to $382 million
- Operating income increased 31.4% to $127 million
- AOCF 1 increased 19.5% to $150 million
Political news coverage on cable-TV is taking audience from every other channel, including Discovery, says CEO David Zaslav.
Stocks add to gains on Thursday after weak U.S. economic data undercuts the chances of a rate hike when the Federal Reserve meets next week.