<SEC-DOCUMENT>0001209191-20-004261.txt : 20200121
<SEC-HEADER>0001209191-20-004261.hdr.sgml : 20200121
<ACCEPTANCE-DATETIME>20200121162635
ACCESSION NUMBER:		0001209191-20-004261
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200116
FILED AS OF DATE:		20200121
DATE AS OF CHANGE:		20200121

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Zaslav David
		CENTRAL INDEX KEY:			0001318285

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34177
		FILM NUMBER:		20536640

	MAIL ADDRESS:	
		STREET 1:		C/O DISCOVERY, INC.
		STREET 2:		8403 COLESVILLE ROAD
		CITY:			SILVER SPRING
		STATE:			MD
		ZIP:			20910

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Discovery, Inc.
		CENTRAL INDEX KEY:			0001437107
		STANDARD INDUSTRIAL CLASSIFICATION:	CABLE & OTHER PAY TELEVISION SERVICES [4841]
		IRS NUMBER:				352333914
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1 DISCOVERY PLACE
		CITY:			SILVER SPRING
		STATE:			MD
		ZIP:			20910
		BUSINESS PHONE:		(240) 662-2000

	MAIL ADDRESS:	
		STREET 1:		1 DISCOVERY PLACE
		CITY:			SILVER SPRING
		STATE:			MD
		ZIP:			20910

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Discovery Communications, Inc.
		DATE OF NAME CHANGE:	20080606
</SEC-HEADER>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Cash- and Stock-Settled Stock Appreciation Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>27.03</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2020-01-16</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>361588</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2018-01-02</value>
                <footnoteId id="F9"/>
                <footnoteId id="F10"/>
            </exerciseDate>
            <expirationDate>
                <value>2021-01-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class C Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>361588</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>361588</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Cash- and Stock-Settled Stock Appreciation Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>21.71</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2020-01-16</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>451985</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2019-01-02</value>
                <footnoteId id="F11"/>
            </exerciseDate>
            <expirationDate>
                <value>2022-01-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class C Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>451985</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>903969</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The Cash- and Stock-Settled Stock Appreciation Rights in respect of these shares of stock vested and became payable, 75% in cash and 25%
in Series A Common Stock on January 2, 2020. Under the terms of the Cash-and Stock-Settled Stock Appreciation Rights, however, the
amounts payable in respect of the vested units could not be calculated until 10 trading days had passed from the vesting date.</footnote>
        <footnote id="F2">These shares represent the shares deemed disposed of to the Issuer upon the exercise of the cash-settled portion of the Cash- and Stock-
Settled Appreciation Right.</footnote>
        <footnote id="F3">These shares represent the shares deemed disposed of to the Issuer to cover the exercise price of the stock-settled portion of the Cash- and
Stock-Settled Stock Appreciation Right.</footnote>
        <footnote id="F4">These shares represent the shares disposed of to the Issuer to cover the applicable tax withholding related to the exercise of the stock-settled
portion of the Cash- and Stock-Settled Stock Appreciation Right.</footnote>
        <footnote id="F5">The Cash- and Stock-Settled Stock Appreciation Rights in respect of these shares of stock vested and became payable, 75% in cash and 25%
in Series C Common Stock on January 2, 2020. Under the terms of the Cash-and Stock-Settled Stock Appreciation Rights, however, the
amounts payable in respect of the vested units could not be calculated until 10 trading days had passed from the vesting date.</footnote>
        <footnote id="F6">The Cash- and Stock-Settled Stock Appreciation Rights vest in four equal annual installments beginning on January 2, 2017. On each vesting
date, the vested Cash- and Stock-Settled Stock Appreciation Rights are automatically settled, 75% in cash and 25% in Series A Common
Stock without any action required by the Reporting Person.</footnote>
        <footnote id="F7">The Cash- and Stock-Settled Stock Appreciation Rights vest in four equal annual installments beginning on January 2, 2018. On each vesting
date, the vested Cash- and Stock-Settled Stock Appreciation Rights are automatically settled, 75% in cash and 25% in Series A Common
Stock without any action required by the Reporting Person</footnote>
        <footnote id="F8">The Cash- and Stock-Settled Stock Appreciation Rights vest in four equal annual installments beginning on January 2, 2019. On each vesting
date, the vested Cash- and Stock-Settled Stock Appreciation Rights are automatically settled, 75% in cash and 25% in Series A Common
Stock without any action required by the Reporting Person.</footnote>
        <footnote id="F9">The Cash- and Stock-Settled Stock Appreciation Rights vest in four equal annual installments beginning on January 2, 2017. On each vesting
date, the vested Cash- and Stock-Settled Stock Appreciation Rights are automatically settled, 75% in cash and 25% in Series C Common
Stock without any action required by the Reporting Person.</footnote>
        <footnote id="F10">The Cash- and Stock-Settled Stock Appreciation Rights vest in four equal annual installments beginning on January 2, 2018. On each vesting
date, the vested Cash- and Stock-Settled Stock Appreciation Rights are automatically settled, 75% in cash and 25% in Series C Common
Stock without any action required by the Reporting Person.</footnote>
        <footnote id="F11">The Cash- and Stock-Settled Stock Appreciation Rights vest in four equal annual installments beginning on January 2, 2019. On each vesting
date, the vested Cash- and Stock-Settled Stock Appreciation Rights are automatically settled, 75% in cash and 25% in Series C Common
Stock without any action required by the Reporting Person.</footnote>
    </footnotes>

    <remarks>The trading symbols for the Issuer's Series A, Series B and Series C common stock are, respectively, DISCA, DISCB and DISCK.</remarks>

    <ownerSignature>
        <signatureName>Stephanie D. Marks, by power of attorney</signatureName>
        <signatureDate>2020-01-21</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
