Warner Bros. Discovery recently announced a staggering non-cash impairment charge of $9.1 billion at its networks division due to the uncertain future of its linear television business. This massive write-down was necessary to adjust the book value of its assets in the face of declining advertising revenues and sports rights renewals, especially with the NBA
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Minnesota Gov. Tim Walz, a Democrat and running mate of Vice President Kamala Harris, leads a modest financial profile. His most recent financial disclosure shows that he does not own stocks, bonds, or real estate. Despite having the option of receiving a raise last year, Walz chose to maintain his salary as governor of Minnesota
In recent years, Disney’s media business has undergone a significant transformation. Previously, the narrative surrounding Disney’s financial performance was dominated by concerns about streaming losses, declining traditional pay TV revenues, and a string of box office failures. This led to a stagnation in the company’s share price, with shares falling approximately 24% in the past
In response to warnings of at least 100 far-right marches being planned for Wednesday night in various UK cities, thousands of people took to the streets as counter-protesters. Brisol, London, Liverpool, Birmingham, and Brighton were some of the cities where counter-demonstrators gathered. The presence of more than 6,000 specialist police was noted amid fears of
The Acute Hospital Care at Home waiver, implemented in response to the COVID-19 pandemic, allowed hospitals to deliver hospital-level care to patients in their homes. This initiative has shown promising results, with over 300 hospitals across 37 states taking advantage of the waiver. Despite its success, the waiver is set to expire at the end
OnePlus has recently launched the OnePlus Open Apex Edition in India, introducing a new variant of its flagship model. This new edition comes with several upgrades and features that set it apart from the standard model. With a focus on innovation and premium design, the OnePlus Open Apex Edition aims to cater to the needs
A recent study conducted by the American Cancer Society (ACS) has brought to light the disturbing trend of increasing cancer cases among younger generations. The data analyzed the health records of over 23 million individuals born between 1920 and 1990, who were diagnosed with cancer between 2000 and 2019. The findings revealed that Gen Xers
In a surprising turn of events, Sony’s chief financial officer, Hiroki Totoki, announced that the Japanese technology and media giant will not be pursuing a bid for film and TV production group Paramount Global. This decision came as a shock to many, especially after reports surfaced that Sony was considering making an offer for the
Naomi Girma may not be the flashiest player on the United States women’s national team, but she is undoubtedly one of the most crucial. While forwards often dominate the headlines, Girma’s presence in the heart of the team’s defense cannot be overlooked. In the past two knockout games leading up to the Olympic gold medal
Disney has recently announced that it will be increasing the prices of its streaming platforms, including Disney+, Hulu, and ESPN+. These price hikes are expected to take effect in mid-October, with most plans seeing a $1 to $2 increase per month. The most significant increase will be for the Hulu plans that include live TV,