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Jan. 9, 2018, 11:57 a.m. EST

Discovery Communications moving headquarters to New York, report says

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By Steve Goldstein

Discovery Communications /zigman2/quotes/200511275/composite DISCA +3.18% /zigman2/quotes/201842100/composite DISCK +2.34% is moving its headquarters from suburban Washington, D.C. to New York City, NBC Washington and other media outlets reported , citing a company email. "We have ... made the difficult decision to reduce our footprint in Maryland over time, with the ultimate closure and sale of our One Discovery Place headquarters building in Silver Spring, expected in 2019," said CEO David Zaslav in an email. The same email said Discovery will move its global headquarters to New York City.

/zigman2/quotes/200511275/composite
US : U.S.: Nasdaq
$ 23.99
+0.74 +3.18%
Volume: 9.16M
Dec. 3, 2021 4:00p
P/E Ratio
12.87
Dividend Yield
N/A
Market Cap
$11.94 billion
Rev. per Employee
$1.09M
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/zigman2/quotes/201842100/composite
US : U.S.: Nasdaq
$ 23.20
+0.53 +2.34%
Volume: 6.71M
Dec. 3, 2021 4:00p
P/E Ratio
12.45
Dividend Yield
N/A
Market Cap
$11.94 billion
Rev. per Employee
$1.09M
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