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Maroc Maroc - THESTAR.COM.MY - Tech - 07/Aug 23:38

Warner Bros Discovery writes down TV assets by $9 billion amid uncertainty over fees, sports rights renewals

(Reuters) -Warner Bros Discovery said on Wednesday it wrote down the value of its TV assets due to the uncertainty of fees from cable and satellite distributors and sports rights renewals, sending its shares down nearly 10% in extended trading. Read full story

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