Paramount Global, home of Comedy Central, MTV and Nickelodeon, wrote down the value of its cable-TV networks by nearly $6 billion and cut 15% of its workforce, a day after rival Warner Bros. Discovery reported an even larger write-down.
Paramount Global, home of Comedy Central, MTV and Nickelodeon, wrote down the value of its cable-TV networks by nearly $6 billion and cut 15% of its workforce, a day after rival Warner Bros. Discovery reported an even larger write-down.