Paramount's TV networks are collapsing in a $6 billion hole
Paramount (PGRE) Business Insider·2024-08-08 20:48
Warner Bros. Discovery just told investors its TV networks were worth $9 billion less than the company thought. Now it's Paramount's turn: It's taking a $6 billion charge on its TV business. The big difference: Paramount is already about to be acquired, so investors won't care about the disintegrating business. Insider Today Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks ...