{"id":111574,"date":"2024-08-10T00:58:09","date_gmt":"2024-08-10T00:58:09","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/08\/10\/paramount-writes-down-value-of-cable-tv-business-by-6-billion-and-cuts-2000-jobs\/"},"modified":"2024-08-10T00:58:09","modified_gmt":"2024-08-10T00:58:09","slug":"paramount-writes-down-value-of-cable-tv-business-by-6-billion-and-cuts-2000-jobs","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/08\/10\/paramount-writes-down-value-of-cable-tv-business-by-6-billion-and-cuts-2000-jobs\/","title":{"rendered":"Paramount Writes Down Value of Cable-TV Business by $6 Billion and Cuts 2,000 Jobs"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"553\" height=\"369\" src=\"https:\/\/i3.wp.com\/images.wsj.net\/im-989564\/medium?fit=553,369&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Paramount Writes Down Value of Cable-TV Business by  Billion and Cuts 2,000 Jobs\" title=\"Paramount Writes Down Value of Cable-TV Business by  Billion and Cuts 2,000 Jobs\" \/><\/div>\n<p>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.<br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.wsj.com\/articles\/paramount-global-para-q2-earnings-report-2024-357cd193?mod=pls_whats_news_us_business_f\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. Source link<\/p>\n","protected":false},"author":2,"featured_media":111575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/images.wsj.net\/im-989564\/medium","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[1289,449,91710,1492,6980,22930,1862],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/111574"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=111574"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/111574\/revisions"}],"predecessor-version":[{"id":111576,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/111574\/revisions\/111576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/111575"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=111574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=111574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=111574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}