Studios revenue and earnings jumped, helped by the likes ofComcast also said that it recorded “noncash impairment charges related to goodwill and intangible assets in our Sky segment totaling $8.6 billion.” The media, telecom and technology giant
European pay TV powerhouse Sky for $39 billion. On Thursday, it said the impairments “primarily reflected an increased discount rate and reduced estimated future cash flows as a result of macroeconomic conditions in Sky’s territories.”
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