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You might be surprised by what you discover about this business' media holdings. While Discovery Holding Company owns a 66% stake in cable broadcaster Discovery Communications (Discovery Channel, TLC, Animal Planet), the company's revenue actually comes from its operating subsidiary Ascent Media Group. Ascent is a leading provider of audio and video post-production services to the film and television industry. With facilities located in Los Angeles, San Francisco, and New York, among other places, Ascent has earned some 15 Academy Awards for sound and video editing. Liberty Media chieftain John Malone owns 30% voting control of the company.
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| | | Contact Information | |
Address: |
12300 Liberty Blvd.
Englewood, CO 80112
| | Phone: | 720-875-4000 | | Fax: | 720-875-7469 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2007): | 707.20 M | | Revenue Growth (1 yr): | 2.80% | | Employees (2007): | 3,600 | | Employee Growth (1 yr): | (-10.00%) |
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Key People
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Chairman and CEO:
John C. Malone
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President and Director:
Robert R. Bennett
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SVP and Treasurer:
David J. A. Flowers
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