COVID Stimulus Watch Individual Entry
Recipient Company:
Discovery Communications LLC
Loan or Loan Guarantee Amount:
$1,062,542
Recipient Details
Ownership Structure: publicly traded (ticker symbol DISCA)
Award Details
Award Date: Dec 24, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Discovery Inc.
Headquartered in: Maryland
Parent Sector: media
Parent Industry: media
Employees (prior to pandemic): 9,200
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $8,820
Consumer Protection / Financial / Competition-related Penalties: $68,000
Ratio of CEO Pay to that of Median Worker: 578 to 1
CEO Compensation: $45,843,912
Worker Median Pay: $79,343
Total Federal, State, and Local Subsidies: $13,808,774
Federal Corporate Income Tax Rate: 29.5%
Violation Tracker
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues