WBD Takes $9.1B Impairment Charge as NBA Hopes?Fade [Y! Sports]

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  • RoboHicks
    Member
    • Dec 2004
    • 296878

    WBD Takes $9.1B Impairment Charge as NBA Hopes?Fade [Y! Sports]

    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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