Report
Neil Macker
EUR 101.80 For Business Accounts Only

Discovery and Scripps Reportedly Holding Merger Discussions; Long-Term Strategic Fit Uncertain

Discovery and Scripps have recently renewed discussions about a potential merger, according to a report in the Wall Street Journal, released during the evening of July 18. The report did not include any details concerning any potential price for or structure of the rumored merger. The two firms entered into merger discussions back in 2014, but did not reach an agreement, owing to the Scripps family, which controls over 90% of the voting shares. Separately, Reuters reported that Viacom had also h...
Underlying
Viacom Inc. Class B

Viacom provides entertainment through television, film, digital media, live events, merchandise and solutions. The company operates through two segments: Media Networks, which provides entertainment content, services and related branded products for consumers in targeted demographics attractive to advertisers, content distributors and retailers through its media brands including Nickelodeon, MTV, BET, Comedy Central and Paramount Network; and Filmed Entertainment, which develops, produces, finances, acquires and distributes films, television programming and other entertainment content through its Paramount Pictures, Paramount Players, Paramount Animation and Paramount Television divisions.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Neil Macker

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