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This statistic Discovery Inc’s Revenue by Region, split across the US and the Non-US regions, reported on an annual basis from 2013 onwards.
Discovery Inc’s Revenue by Region
|Region||2019||2020||2021||Contribution in 2021|
(All figures are in billions, except percentages)
Discovery Inc’s total revenue increased from $10.67 billion earned in 2020 to $12.19 billion earned in 2021, marking a 14.25% growth on a year-on-year basis. However, between 2019 and 2020, the revenue fell by 4.2%, from $11.14 billion in 2019 to $10.67 billion in 2020. It grew by 9.4% between the two years of 2019 and 2021, where the revenues stood at $11.14 billion and $12.19 billion, respectively.
Demand for Discovery Inc’s advertising products and services began to decline in the second quarter of 2020 as a result of economic disruptions caused by restrictions on social and business activity. During the second half of 2020, these economic upheavals and their impact on the company subsided. During the fiscal year 2021, the pandemic had no substantial influence on demand. Many of its third-party production partners that were offline for the majority of the second quarter of 2020 due to COVID-19 restrictions reopened in the third quarter of 2020, resulting in additional costs to comply with various government regulations and implement certain safety measures for its employees, talent, and partners. Furthermore, several athletic events for which it has rights, such as the Tokyo 2020 Olympic Games, which took place in July and August 2021, were canceled or postponed, resulting in the elimination or deferral of corresponding income and expenditures. Olympic-related income and substantial costs were postponed from the fiscal year 2020 to the fiscal year 2021 as a result of the postponing of the 2020 Olympic Games.
Discovery Inc’s revenue can be further bifurcated into the following regions:
Discovery Inc has its headquarters in New York City, United States and the US comprises of all the revenue generated from the company’s operations in the United States.
The majority of Discovery Inc’s revenue is generated from the US region, accounting for 63% of the company’s total revenue generated in 2021, amounting to $7.73 billion. From 2019 to 2020, the revenue from the US region slightly declined by 1.6%, from $7.15 billion in 2019 to $7.03 billion in 2020. However, from 2020 to 2021, the revenue witnessed a growth of 10%, from $7.03 billion in 2020 to $7.73 billion in 2021. Between the two years of 2019 and 2021, the revenue grew from $7.15 billion to $7.73 billion, making an increment of 8.1%.
Discovery Inc. is a network of 48 brands and is spread across 220 countries. This revenue from this region comprises the revenues generated from all of these 220 countries.
Discovery Inc’s revenue from the Non-US region contributes 37% to the company’s total revenue in 2021, standing at massive $4.46 billion. From 2019 to 2020, the revenue from this region witnessed a drop of 8.7%, from $3.99 billion in 2019 to $3.64 billion in 2020. However, between 2020 and 2021, the revenue saw a rise from $3.64 billion in 2020 to $4.46 billion in 2021, making an increment of 22.5%. Between the two years of 2019 and 2021, the revenue from this region increased by 11.78%, from $3.99 billion to $4.46 billion.
Discovery Inc. is a global media company that distributes content via a variety of platforms, including linear platforms like pay-television (“pay-TV”), free-to-air (“FTA”), and broadcast television, as well as authenticated GO applications, content licensing agreements, digital distribution agreements and direct-to-consumer (“DTC”) subscription products. The company delivers original and bought programming and live events to nearly 3.5 billion cumulative customers and viewers globally through networks that it totally or substantially owns as one of the world’s major pay-TV providers. In over 50 languages, it delivers tailored content in the United States and over 220 additional nations and territories. It has a large content library and holds the majority of the rights to its material and video, allowing it to easily launch brands and services in new areas and on new platforms. The company’s material is cost-effectively re-edited and updated to create relevant versions of subject matter that can be used globally on a number of platforms. The company used new products and programming tactics in reaction to the pandemic’s impact, such as generating video recorded by its on-air talent and soliciting public comment on which content to run. Discovery Inc’s share goes by the symbol ‘DISCA’ and is listed on the NASDAQ stock exchange.
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