Paramount Global wrote down the value of its cable-TV networks by nearly $6 billion, a day after rival Warner Bros. Discovery took a $9.1 billion impairment charge against its cable business.
Wall Street Journal
Paramount Global wrote down the value of its cable-TV networks by nearly $6 billion, a day after rival Warner Bros. Discovery took a $9.1 billion impairment charge against its cable business.
https://www.wsj.com/business/media/paramount-global-para-q2-earnings-report-2024-357cd193