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WBD Takes $9.1B Impairment Charge as NBA Hopes Fade

Source link : https://nba-news.net/2024/08/07/nba-news/wbd-takes-9-1b-impairment-charge-as-nba-hopes-fade/

Warner Bros. Discovery’s failure to secure a renewal with the NBA has already begun to have a disruptive impact on operations, as the company today disclosed that it has taken written down the value of its TV assets to the tune of a massive $9.1 billion goodwill charge. According to WBD’s second quarter earnings statement, …

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Author : nba-news-2

Publish date : 2024-08-07 23:26:11

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