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Discovery net income up $50M

Discovery Communications, of Silver Spring, a media company, increased its third-quarter earnings by $50 million over last year, the company reported Thursday.

Discovery had net income of $255 million, or 71 cents per diluted share, for the quarter ended Sept. 30, compared with $205 million, 55 cents per share, during the 2012 period.

Third-quarter revenue of $1.375 billion jumped 28 percent over the prior-year period, led by 59 percent growth at international networks and 10 percent growth at U.S. networks.