Peter Ellison Jacobstein

Discovery, Inc. is a media company, which engages in the provision of content across distribution platforms and digital distribution arrangements. It operates through the following segments: U.S. Networks and International Networks. The U.S. Networks segment owns and operates national television networks such as Discovery Channel, Animal Planet, and Investigation Discovery and Science. The International Networks segment consists of international television networks and websites. The company was founded by John S. Hendricks in September 1982 and is headquartered in Silver Spring, MD.

Time Warner, Inc. engaged in the provision of cable network, filmed entertainment, and publishing services. It operated through the following segments: Turner, Home Box Office, and Warner Bros. The Turner segment created and programed branded news, entertainment, sports and kids multi-platform content for consumers around the world. The Home Box Office segment operated the HBO and Cinemax multichannel premium pay television services. The Warner Bros. segment produced and distributed television shows, feature films, and games. The company was founded in 1989 and is headquartered in New York, NY.

The Motley Fool Holdings, Inc. engages in the provision of investment advisory solutions. It offers retirement services, stock advisor, portfolio, inside value, income investor, investment commentary, and mutual fund. The company was founded by Erik Rydholm, Thomas M. Gardner, and David H. Gardner in 1993 and is headquartered in Alexandria, VA.

Motley Fool Asset Management LLC (MFAM) is a SEC-registered investment advisor and mutual fund manager headquartered in Alexandria, Virginia. The firm was founded in 2008 and is a subsidiary of Motley Fool Investment Management LLC, which is owned by The Motley Fool Holdings, Inc. MFAM serves as the investment adviser for various exchange traded funds (ETFs).