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Robert L. Johnson To Join Discovery, Inc. Board Of Directors
Robert L. Johnson To Join Discovery, Inc. Board Of DirectorsDecember 14, 2020Board Member S. Decker Anstrom to Step Down at the end of 2020NEW YORK, Dec. 14, 2020 /PRNewswire/ — Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) today announced that Robert L. Johnson will join thecompany’s Board of Directors, effective January 1, 2021.Johnson was founder and chairman of Black Entertainment Television (BET) and is also the founder and chairman of The RLJ Companies, LLC, aninnovative business network, and owns or holds interests in businesses operating in hotel real estate, private equity, 401k fintech services, automobiledealerships, content streaming, gaming and sports betting.”Bob is a legendary entrepreneur and one of media’s true pioneers and innovators, dating back to his creation of BET and continuing throughout hisdistinguished career,” said Robert Miron, Chairman of Discovery’s Board of Directors. “As we embark on a transformative year for Discovery, we arehonored to add Bob as an independent director. We look forward to benefiting from his business acumen and exceptional track record in media.”The company also announced that S. Decker Anstrom, who has served on the Board since 2012 as a preferred stock director, will step down from theBoard, effective December 31, 2020. Susan M. Swain, a current common stock director on the Discovery Board, will assume Mr. Anstrom’s role as apreferred stock director. “We are grateful to Decker for his many years of outstanding contributions to the Discovery Board,” continued Mr. Miron. “Discovery’s stockholdershave been well served by the dynamic skillset and wealth of experience in media, finance and government that Decker brought to our Board.” About Discovery:Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment, serving a passionate audience of superfans around theworld with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming each year and has categoryleadership across deeply loved content genres around the world. Available in 220 countries and territories and nearly 50 languages, Discovery is aplatform innovator, reaching viewers on all screens, including TV Everywhere products such as the GO portfolio of apps; direct-to-consumer streamingservices such as discovery+, Food Network Kitchen and MotorTrend OnDemand; digital-first and social content from Group Nine Media; a landmarknatural history and factual content partnership with the BBC; and a strategic alliance with PGA TOUR to create the international home of golf.Discovery’s portfolio of premium brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel,MotorTrend, Animal Planet, Science Channel, and the forthcoming multi-platform JV with Chip and Joanna Gaines, Magnolia Network, as well asOWN: Oprah Winfrey Network in the U.S., Discovery Kids in Latin America, and Eurosport, the leading provider of locally relevant, premium sports andHome of the Olympic Games across Europe. For more information, please visit corporate.discovery.com and follow @DiscoveryIncTV across socialplatforms. View original content:http://www.prnewswire.com/news-releases/robert-l-johnson-to-join-discovery-inc-board-of-directors-301192377.htmlSOURCE Discovery, Inc.Nathaniel Brown, Nathaniel_Brown@discovery.com, 212-548-5959
