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Warner Bros. Discovery, Inc. — Director's Dealing 2010
Dec 13, 2010
30161_dirs_2010-12-13_9c53f6a7-1642-4264-9921-8596c7e6b8a5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Discovery Communications, Inc. (DISC)
CIK: 0001437107
Period of Report: 2010-12-10
Reporting Person: ADVANCE LONG-TERM MANAGEMENT TRUST (10% Owner)
Reporting Person: NEWHOUSE FAMILY HOLDINGS, L.P. (10% Owner)
Reporting Person: ADVANCE PUBLICATIONS INC (10% Owner)
Reporting Person: NEWHOUSE BROADCASTING CORP (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-10 | Series C preferred stock, par value $0.01 per share | D | 13732491 | $36.41 | Disposed | 57374821 | Indirect |
Footnotes
F1: Each of Newhouse Broadcasting Corporation ("NBCo"), Advance Publications, Inc. ("API"), Newhouse Family Holdings, L.P. ("NFH") and Advance Long-Term Management Trust ("AMT", and together with NBCo, API and NFH, the "Reporting Persons") may be deemed to beneficially own 57,374,821 shares of Series C preferred stock, par value $0.01 per share of the Issuer through control of Advance/Newhouse Programming Partnership ("ANPP"). NBCo is the indirect majority owner of ANPP. API indirectly holds a 35% interest in ANPP through various subsidiaries. NFH is the sole shareholder of API. AMT is the general partner of NFH. This Form 4 is being filed on behalf of each of the Reporting Persons. For further information on the Reporting Persons, see their Schedule 13D/A filed on December 13, 2010.