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flag Warner Bros. Discovery took a $9.1B write-down on traditional TV networks' value, causing a $10B Q2 loss.

flag Warner Bros. flag Discovery (WBD) took a $9.1B write-down on its traditional TV networks' value, including CNN and TNT, due to market valuation changes and the shifting viewership from cable to streaming. flag This impacts their financial performance, with a $10B loss in Q2, compared to $1.2B in the same period last year. flag The company has been affected by declining viewership and advertising dollars.

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