Don_Dickle@lemmy.world to Television@lemmy.world · 4 months ago

Warner Bros. Discovery Takes $11.2B Hit to Balance Sheet, Including $9B Charge for Massive Drop in TV Network Values

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Warner Bros. Discovery Takes $11.2B Hit to Balance Sheet, Including $9B Charge for Massive Drop in TV Network Values

Don_Dickle@lemmy.world to Television@lemmy.world · 4 months ago

Warner Bros. Discovery Takes $9.1 Billion Balance-Sheet Hit for Massive Drop in TV Network Values

Warner Bros. Discovery reported its Q2 earnings Wednesday, which included a $9.1 billion charge related to the devaluation of its TV networks.

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