Exhibit 12

DISCOVERY COMMUNICATIONS, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

(unaudited; in millions, except ratio amounts)

	Years Ended December 31,
	2013			2012			2011			2010			2009
Earnings:
Income from continuing operations, net of taxes(a)	$	1,077		$	956		$	1,136		$	659		$	570
Add:
Provision for income taxes(a)	659			562			427			293			469
(Income) loss from equity investees, net	(18		)	86			35			57			24
Distributions of income from equity investees	14			20			30			15			4
Total interest expense	309			251			211			207			249
Portion of rents representative of the interest factor	31			22			26			28			27
Earnings, as adjusted	$	2,072		$	1,897		$	1,865		$	1,259		$	1,343
Fixed charges:
Total interest expense	$	309		$	251		$	211		$	207		$	249
Portion of rents representative of the interest factor	31			22			26			28			27
Total fixed charges	$	340		$	273		$	237		$	235		$	276
Preferred stock dividends	—			—			—			1			15
Total combined fixed charges and preferred stock dividends	$	340		$	273		$	237		$	236		$	291
Ratio of earnings to fixed charges	6.1		x	6.9		x	7.9		x	5.4		x	4.9		x
Ratio of earnings to combined fixed charges and preferred stock dividends	6.1		x	6.9		x	7.9		x	5.3		x	4.6		x

^(a) On September 17, 2012, the Company sold its postproduction audio business, whose results of operations have been reclassified to discontinued operations for all periods presented. (See Note 4 to the accompanying consolidated financial statements.)