Andrew Slabin | EVP, Global Investor Strategy |
David Zaslav | President, Chief Executive Officer and Director |
Gunnar Wiedenfels | Chief Financial Officer |
Drew Borst | Analyst, Goldman Sachs & Co. LLC |
Jessica Jean Reif Cohen | Analyst, Bank of America Merrill Lynch |
Vijay Jayant | Analyst, Evercore Group LLC |
Richard Greenfield | Analyst, BTIG LLC |
Alexia S. Quadrani | Analyst, JPMorgan Securities LLC |
Steven Cahall | Analyst, RBC Capital Markets LLC |
Michael B. Nathanson | Analyst, MoffettNathanson LLC |
John Janedis | Analyst, Jefferies LLC |
Good day, ladies and gentlemen, and welcome to the Discovery Incorporated First Quarter 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, this conference may be recorded. I would now like to turn the conference over to Mr.