Warner Bros. Discovery Inc (NAS:WBD)
$ 8.04 0.24 (3.08%) Market Cap: 19.70 Bil Enterprise Value: 59.30 Bil PE Ratio: 0 PB Ratio: 0.43 GF Score: 82/100

Discovery Inc at Deutsche Bank Virtual Media, Internet & Telecom Conference Transcript

Mar 08, 2021 / 01:00PM GMT
Release Date Price: $67.25 (+4.67%)
Bryan D. Kraft
Deutsche Bank AG, Research Division - Senior Analyst

Okay. Good morning, everyone. I want to just welcome everyone for joining us for our Virtual Media, Internet and Telecom Conference this year. We hope to have it back to a live conference next year, but we're doing a virtual one more time.

So our first speaker of the day, I'm really pleased to announce, is Gunnar Wiedenfels. He's the CFO of Discovery Communications. Gunnar, I'd like to welcome you. Thanks for joining us this morning.

Gunnar Wiedenfels
Discovery, Inc. - CFO

Thank you. Thanks for [having me].

Questions & Answers

Bryan D. Kraft
Deutsche Bank AG, Research Division - Senior Analyst

Why don't we start off, Gunnar, on your earnings call, you talked about investing more into discovery+ this year than you originally planned. What have you been seeing in the business that led to this decision? Can you give us some additional color on where you're investing? And what kind of results you expect from the increased

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