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Discovery, Inc. (DISCA) CEO David Zaslav on Q1 2020 Results - Earnings Call Transcript

May 06, 2020 3:45 PM ETWarner Bros. Discovery, Inc. (WBD)
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Discovery, Inc. (DISCA) Q1 2020 Results Earnings Conference Call May 6, 2020 8:00 AM ET

Company Participants

Andrew Slabin - Executive Vice President, Global Investor Strategy

David Zaslav - President and Chief Executive Officer

Gunnar Wiedenfels - Chief Financial Officer

Conference Call Participants

Jessica Reif Ehrlich - Bank of America Securities

Ben Swinburne - Morgan Stanley

Michael Nathanson - MoffettNathanson

John Hodulik - UBS

John Janedis - Wolfe Research

Zilu Pan - J.P. Morgan

Doug Mitchelson - Credit Suisse

Richard Greenfield - LightShed Partners


Ladies and gentlemen, thank you for standing by and welcome to Discovery, Inc. Fourth Quarter 2020 Earnings Call. At this time, all participants' lines are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions].

I would now like to hand the conference over to your speaker today, Mr. Andrew Slabin, Executive Vice President, Global Investor Strategy. Sir, you may begin.

Andrew Slabin

Good morning, everyone. And thank you for joining us for Discovery's First Quarter 2020 Earnings Call. Joining me today are David Zaslav, our President and Chief Executive Officer, and Gunnar Wiedenfels, our Chief Financial Officer. You should have received our earnings release. But if not, feel free to access it on our website.

On today's call, we will begin with some opening comments from David and Gunnar, and then we will open the call for questions.

Before I start, I would like to remind you that comments today regarding the company's future business plans, prospects and financial performance are forward-looking statements that we make pursuant to the Safe Harbor provisions of the private Securities Litigation Reform Act of 1995.

These statements are made based on management's current knowledge and assumptions about future events and they involve risks and uncertainties that could cause actual results to differ

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