Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Perrette Jean-Briac
2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2014
3. Issuer Name and Ticker or Trading Symbol
Discovery Communications, Inc. [DISCA]
(Last)
(First)
(Middle)
ONE DISCOVERY PLACE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Pres., Discover Networks Int'l
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SILVER SPRING, MD 20910
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Series A Common Stock1 1,055
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to acquire) 11/15/2012(1) 11/15/2018 Series A Common Stock 25,976 $ 42.01 D  
Employee Stock Option (right to acquire) 03/15/2013(2) 03/15/2019 Series A Common Stock 12,585 $ 47.87 D  
Employee Stock Option (right to acquire) 03/03/2014(3) 03/03/2020 Series A Common Stock 9,706 $ 74.88 D  
Employee Stock Option (right to acquire) 02/28/2015(4) 02/28/2021 Series A Common Stock 11,491 $ 83.32 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Perrette Jean-Briac
ONE DISCOVERY PLACE
SILVER SPRING, MD 20910
      Pres., Discover Networks Int'l  

Signatures

/s/ Stephanie D. Marks, by power of attorney 03/04/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This option vests in four equal annual installments beginning November 15, 2012.
(2) This option vests in four equal annual installments beginning March 15, 2013.
(3) This option vests in four equal annual installments beginning March 3, 2014.
(4) This option vests in four equal annual installments beginning February 28, 2015.
 
Remarks:
The trading symbols for the Issuer's Series A, Series B and Series C common stock are, respectively, DISCA, DISCB and DISCK.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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