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CNN Effectively Worthless After Parent Warner Bros Takes $9.1 Billion Writedown

https://www.zerohedge.com/markets/cnn-effectively-worthless-after-parent-warner-bros-takes-91-billion-writedown

What had been obvious "to the rest of us" for years, is finally official: late last night, shares of Warner Bros. Discovery, the parent of CNN and TNT, crashed 10% to the lowest level on record after it reported dire results, which missed across the board and plunged across every income statement category – Continue…