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Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs
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- Discovery on Wednesday reported a staggering net loss for the first quarter, but it has an explanation.
- The company booked a net loss of $2.9 billion, far larger than the net loss of $453 million it reported in the year-earlier quarter.
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Warner Bros. Discovery on Wednesday reported a staggering net loss for the first quarter, but it has an explanation.
The company booked a net loss of $2.9 billion, far larger than the net loss of $453 million it reported in the year-earlier quarter.
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