write down

In August, Paramount took a $6-billion write-down to account for the declining value of its cable television portfolio and so it entered the negotiations with Google with a weaker hand.

In August, Paramount took a $6-billion write-down to account for the declining value of its cable television portfolio.

Its film studio was in such a slump that Tokyo parent company Sony Corp. took a nearly $1 billion write-down just months before Vinciquerra was announced as the new chief executive and chairman.

Discovery took a $9-billion write-down in August to reflect the diminishing value of its basic cable channels.

Discovery took a $9-billion write-down to reflect the diminished value of its basic cable channels.