Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
BENNETT ROBERT R
  2. Issuer Name and Ticker or Trading Symbol
Discovery Communications, Inc. [DISAD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
ONE DISCOVERY PLACE
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2008
(Street)

SILVER SPRING, MD 20910
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Series A Common Stock 09/17/2008   A   7,681 A (1) 7,681 D  
Series C Common Stock 09/17/2008   A   7,681 A (1) 7,681 D  
Series A Common Stock 09/17/2008   A   54,913 A (2) 54,913 I By Hilltop Investments, Inc.
Series B Common Stock 09/17/2008   A   20 A (3) 20 I By Hilltop Investments, Inc.
Series C Common Stock 09/17/2008   A   54,933 A (2) (3) 54,933 I By Hilltop Investments, Inc.
Series A Common Stock 09/17/2008   A   1,355 A (4) 1,355 I Through 401(k) Plan
Series C Common Stock 09/17/2008   A   1,355 A (4) 1,355 I Through 401(k) Plan

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BENNETT ROBERT R
ONE DISCOVERY PLACE
SILVER SPRING, MD 20910
  X      

Signatures

 /s/ Joseph A. LaSala, Jr., by power of attorney   09/19/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) Received in exchange for 15,363 shares of Discovery Holding Company ("DHC") Series A common stock in connection with the merger of DHC with a wholly-owned subsidiary of the company (the "Merger"). On the effective date of the Merger, the closing price of DHC's Series A Common stock was $18.30 per share.
(2) Received in exchange for 109,826 shares of DHC Series A common stock in the Merger.
(3) Received in exchange for 40 shares of DHC Series B common stock in connection with the Merger. On the effective date of the Merger, the closing price of DHC's Series B common stock was $17.26 per share.
(4) Received in exchange for 2711 shares of DHC Series A common stock in connection with the Merger. The number of shares represents equivalent shares based on the fair market value of the shares of DHC's Series A common stock held by the unitized stock fund under the Liberty Media Corporation 401(k) Savings Plan. The Reporting Person has an interest in the unitized fund, which held shares of DHC common stock and short-term investments.
 
Remarks:
The trading symbols for the Issuer's Series A, Series B and Series C Common Stock are, respectively, DISAD, DISBD, and DISCK.

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