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NEWS ABOUT: goodwill

goodwill stories: 1 news summaries

Time Warner Posts $16B Loss on Declining Media Value

Conglomerate takes $25 writedown as publishing, Net assets cheapen

Feb 4, 09 6:18 AM CST
(Newser) - Time Warner reported a shattering fourth-quarter loss of $16 billion, prompted by plunging ad sales and a $25 billion goodwill writedown to reflect the decline in cable, publishing, and Internet assets, Bloomberg reports. While the media conglomerate took a hit from plummeting revenue at AOL and its magazines, rising revenue... More »

MORE ABOUT:
Time Warner • AOL • Time magazine • Jeff Bewkes • media conglomerates • writedowns • goodwill

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