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Warner Bros Takes $9.1 Billion Writedown on CNN and TNT

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Tyler Durden – What had been obvious “to the rest of us” for years, is finally official: late last night [Aug 7, 2024], shares of Warner Bros. Discovery, the parent of CNN and TNT, crashed 10% to the lowest level on record after it reported dire results, which missed across the board and plunged across […]

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