CNBC
US · 1 hrs ago
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Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs
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Warner Bros. Discovery reported a $2.9 billion net loss, with costs related to the Paramount acquisition and company restructuring contributing to the figure, including a Netflix termination fee that Paramount agreed to pay but which remains on WBD's books until deal closure.
Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs
Paramount agreed to pay a Netflix termination fee, but the cost lives on WBD's books until the close of the deal.
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