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,
	2014			2013			2012			2011			2010
Earnings:
Income from continuing operations, net of taxes(a)	$	1,137		$	1,077		$	956		$	1,136		$	659
Add:
Provision for income taxes(a)	610			659			562			427			293
(Income) loss from equity investees, net	(23		)	(18		)	86			35			57
Distributions of income from equity investees	22			14			20			30			15
Total interest expense	333			309			251			211			207
Portion of rents representative of the interest factor	48			31			22			26			28
Earnings, as adjusted	$	2,127		$	2,072		$	1,897		$	1,865		$	1,259
Fixed charges:
Total interest expense	$	333		$	309		$	251		$	211		$	207
Portion of rents representative of the interest factor	48			31			22			26			28
Total fixed charges	$	381		$	340		$	273		$	237		$	235
Preferred stock dividends	—			—			—			—			1
Total combined fixed charges and preferred stock dividends	$	381		$	340		$	273		$	237		$	236
Ratio of earnings to fixed charges	5.6		x	6.1		x	6.9		x	7.9		x	5.4		x
Ratio of earnings to combined fixed charges and preferred stock dividends	5.6		x	6.1		x	6.9		x	7.9		x	5.3		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 3 to the accompanying consolidated financial statements.)