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Discovery Channel's Shark Week Is A Cash Cow!

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  • Discovery Channel's Shark Week Is A Cash Cow!

    Shark Week begins July 28, 2019



    For the past 30 years, The Discovery Channel has been airing a full week of shark-themed programming to entice fans of the often misunderstood kings of the sea.


    What the average viewer might not know or even care about is the revenue that shark week brings in for the company(DISCA, DISCK)

    The Discovery Channel has earned a combined $36 million dollars in the past two years(2017 & 2018).

    2019 is expected to eclipse both 2017 and 2018 combined

    Discovery networks are still on the "old school" model of revenue generation so they rely on ads as opposed to a subscription-based model like Netflix or Hulu. It's safe to say that shark week generates a healthy portion of the networks yearly revenue.

    Discovery Networks is scheduled to report earnings on August 6, 2019.


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  • #2
    Love shark week, but they hype the heck out of it.
    Also feel there is a movement towards sharks in a positive light and not so negative. People like Ocean Ramsey are really changing the perspective on sharks https://www.instagram.com/oceanramsey/

    Comment


    • #3
      We recently recommended DISCA stock in our newsletter. It should be interesting to see how it performs in the next couple of earnings reports.
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      The 10-Buck Broker (Long-Term Stock Picks)


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      Sign up for the forum to reply to this post!!!


      Best FOREX Signals Software

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      "Step into the arena and hold on to your hat. Don't get discouraged if you don't make 8 trillion dollars in your first month. Trading is not a get rich quick scheme. Realize that trading is a skill and just like any other skill it takes time to learn. Have convictions in your decisions in life and trading. Ignore the comments and "advice" of those that have never traded a day in their life."

      Good KARMA and positive energy abound.


      Terms Of Service

      Disclaimer: This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. The Author of this website is not a registered investment advisor and does not offer investment advice. You, the reader, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment.

      Promoted content: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this website and may receive commissions from purchases you make on subsequent websites. Always exercise due diligence before purchasing any product or service. This website contains advertisements.
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      Comment


      • #4
        Shark week is off to a good start so far. I loved it last night. Always have been a nature freak.

        Comment


        • #5
          I watched it. Always have been a fan of shark week. Anybody remember the Shaq thing they did a couple years ago?

          Comment


          • #6
            Originally posted by MickFoley1981 View Post
            I watched it. Always have been a fan of shark week. Anybody remember the Shaq thing they did a couple years ago?
            I remember that. If I were shaq there's just certain stuff I wouldn't do like ride rollercoaster. Dudes like 9 feet tall. Either his head or legs are getting chopped off

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