Brian Steinberg Senior TV EditorDiscovery said second-quarter net income fell 71% after the coronavirus pandemic spurred a pullback in advertising at both its U.S.
and international operations, even as its TLC cable network garnered new levels of viewership during the period.The New York owner of the Discovery, Food Network and HGTV cable networks, said it posted second quarter profit of $271 million or 40 cents per share, compared with $947 million, or $1.33 a share, in the year-earlier period.
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