Glover Park Group is helping Discovery Communications navigate the merger wave that is washing over the media world.
David Zaslav, CEO of the $5.5B parent of cable network programmer/owner (Discovery Channel, Animal Planet, TLC, Science) told reporters at the Allen & Co, media conference July 9, that he expects more deals on the content side following pending mega-distributor transactions, such as Comcast/Time Warner Cable and AT&T/DirectTV.
He plans to invest $2B in content this year, an amount that includes the completion May acquisition of a controlling interest in Eurosport International.
Discovery last year mulled the acquisition of Scripps Network Interactive, which owns Food Network, but opted out.
There's been speculation on Wall Street that Walt Disney Co. will bid for Discovery, which posted a 22 percent rise in Q1 revenues to $1.4B and flat earnings of $231M.
GPG has Susan Brophy, managing director/government affairs, on its four-member Discovery team. She was former chief of the staff to former Senator Tim Wirth D-CO) and senior VP at Time Warner global public policy office in Washington.
Brophy also advised ex-TWC CEO Dick Parsons on politics and policy.
Greg Rothschild (alumnus of Sen. John Kerry's staff), Matt Mandel, (ex-aide to outgoing Congressman Eric Cantor), and Jon Gans (veteran of Sen. Jon Kyl's office) join Brophy on the business.