Discovery's 4Q revenue rises 11.5%

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FILE PHOTO: The Discovery Communications headquarters building is seen in Silver Spring, Maryland December 3, 2009. REUTERS/Jim Bourg/File Photo (Reuters)

(Reuters) - Discovery Communications Inc's revenue rose 11.5 percent in the fourth quarter as the owner of Discovery Channel and Animal Planet benefited from higher advertising income from its U.S. networks.

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Discovery said on Tuesday its net loss was $1.14 billion or $1.99 per share in the quarter ended Dec. 31, compared to a profit of $304 million or 51 cents per share, a year earlier. Results included a $1.3 billion one-time goodwill impairment charge.

Revenue rose to $1.86 billion from $1.67 billion.

(Reporting by Sonam Rai in Bengaluru; Editing by Sai Sachin Ravikumar)

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