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1. www.latimes.com › entertainment-arts › businessWarner Bros. Discovery's TV struggles come into focus as ...

   www.latimes.com › entertainment-arts › business

   2 days ago · Warner Bros. Discovery ripped off a Band-Aid this week, giving investors an alarming look at the plummeting value of the cable television business. During its second-quarter earnings report, the ...

   • Warner Bros. Discovery takes huge write-down amid TV woes ...

     Warner Bros. Discovery’s rough ride continued through its...

2. www.latimes.com › entertainment-arts › businessWarner Bros. Discovery takes huge write-down amid TV woes ...

   www.latimes.com › entertainment-arts › business

   3 days ago · Warner Bros. Discovery’s rough ride continued through its most recent quarter, with the company taking a $9-billion write-down to reflect the diminishing value of its struggling television channels.

3. en.wikipedia.org › wiki › Burbank,_CaliforniaBurbank, California - Wikipedia

   en.wikipedia.org › wiki › Burbank,_California

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   2 days ago · Warner Bros. Studios, Burbank is a major filmmaking facility owned and run by Warner Bros. Entertainment Inc. in Burbank, California. [105] First National Pictures built the 62-acre (25 ha) studio lot in 1926 as it expanded from a film distributor to film production. [ 106 ]

4. www.bnnbloomberg.ca › business › company-newsWarner Bros. takes US$9.1B writedown on TV networks

   www.bnnbloomberg.ca › business › company-news

   3 days ago · Shares of Warner Bros. fell as much as 9.8% to $6.96 in extended trading after the announcement. The action follows last month’s decision by the National Basketball Association to drop Warner Bros. as a broadcast partner and award a $76 billion, 11-year media rights deal to Walt Disney Co., Comcast Corp. and Amazon.com Inc.

5. www.spokesman.com › stories › 2024Warner Bros. shares tumble on $9.1 billion TV network ...

   www.spokesman.com › stories › 2024

   3 days ago · Warner Bros. also suffered from last month’s decision by the National Basketball Association to drop it as a broadcast partner and award a $76 billion, 11-year media rights deal to Walt Disney ...

6. adage.com › article › mediaWarner Bros. Discovery takes $9.1 billion writedown on TV ...

   adage.com › article › media

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   4 days ago · Published on August 07, 2024. Warner Bros. Discovery Inc., the parent of CNN and TNT, posted a second-quarter charge of $9.1 billion after writing down the value of its traditional TV networks ...

7. People also ask

   Does Warner Bros Discovery have a lot in Burbank?

   • Warner Bros. lot in Burbank. Warner Bros. Discovery’s sluggish performance and $9-billion write-down in the value of its cable TV channels is rattling investors, sending the beleaguered company’s stock on a steep slide.

   Hollywood’s cable struggles become clearer as write-downs add ‘nails t…

   www.latimes.com/entertainment-arts/business/story/2024-08-08/warner-bros-discovery-stock-slide-nba

   See all results for this question

   How much is Warner Bros Discovery worth?

   • Warner Bros. Discovery executives told analysts that, after a rigorous review, they concluded that the company’s networks were worth $9 billion less than they were just two years ago. The company owns some of the industry’s best-known traditional channels, including CNN, TNT, HGTV, Food Network, Animal Planet and TLC.

   Warner Bros. Discovery takes $9-billion write-down from TV networks a…

   www.latimes.com/entertainment-arts/business/story/2024-08-07/warner-bros-discovery-takes-9-billion-write-down-from-tv-networks-amid-struggles-nba-lawsuit

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   What happened to Warner Bros?

   • Warner Bros. has eliminated more than 2,000 positions over the past year and slashed 100 jobs at CNN last month. The company raised subscription prices for its Max streaming service in June. For the quarter, Warner Bros. reported a net loss of $10 billion, which included additional charges of $2.1 billion related to its merger.

   Warner Bros. Takes $9.1 Billion Writedown on TV Networks

   www.bnnbloomberg.ca/business/company-news/2024/08/07/warner-bros-takes-91-billion-writedown-on-tv-networks/

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   What's going on with Warner Bros Discovery's massive write-down?

   • The massive write-down brings into sharp focus the collateral damage of the shift to streaming. Warner Bros. Discovery’s channels have long been mainstays of the television landscape and frequent destinations for viewers during an earlier era of channel surfing. But no more.

   Hollywood’s cable struggles become clearer as write-downs add ‘nails t…

   www.latimes.com/entertainment-arts/business/story/2024-08-08/warner-bros-discovery-stock-slide-nba

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8. variety.com › 2024 › tvWarner Bros. Discovery Takes $9.1B Hit to TV Networks, Max ...

   variety.com › 2024 › tv

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   3 days ago · Warner Bros. Discovery reported its second-quarter 2024 earnings Wednesday, which included a $9.1 billion charge related to the devaluation of the company’s TV networks. The $9.1 billion ...