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Archive Home > 2009 > January > 08 > Time Warner expects $25 billion charge

Time Warner expects $25 billion charge


January 8, 2009

Media company Time Warner Inc. said Wednesday it expects a fourth-quarter charge of $25 billion to write down the value of its cable, publishing and AOL assets, leading to a loss for the year. New York-based Time Warner said its results, particularly for its AOL and publishing unit’s....

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