Alex Millauer/ Shutterstock; BI
- Warner Bros. Discovery just told investors its TV networks were worth $9 billion less than the company thought.
- Now it's Paramount's turn: It's taking a $6 billion charge on its TV business.
- The big difference: Paramount is already about to be acquired, so investors won't care about the disintegrating business.
On Wednesday, Warner Bros. Discovery told investors its TV business was in free-fall, and that it would take a $9 billion writedown on those assets.