Paramount Takes $6 Billion Writedown

The other day in its quarterly earnings report, Warner Bros. Discovery announced a goodwill impairment charge of $9.1 billion for the second quarter of the year over declines tied mostly to its traditional cable networks and TV operations. Today, Paramount Global has done basically the same – albeit for a

Cartoon Network Site Redirects To Max

The Warner-owned Cartoon Network’s official website is gone, replaced with a splash page redirecting users to the Max streaming platform in the U.S. and to the channel’s YouTube homepage overseas. This follows from Warner Bros. Discovery announcing that the Boomerang streaming service and website would be shuttered on September 30th