Do we know how to pick the losers to target or what?

🚨 LEGACY MEDIA IS DYING: CNN PARENT COMPANY TAKES A $9.1 BILLION HIT | MASSIVE LAYOFFS EXPECTED

Shares of CNN's parent company, Warner Bros. Discovery, nosedived 10% after revealing a staggering $9.1 billion writedown on CNN and TNT.

CNN's value has tanked so much it's now a… pic.twitter.com/qqD7yT1AlG

— Mario Nawfal (@MarioNawfal) August 8, 2024