Hold WBD by Mar 5, 2026.

I knew it was only a matter of time before Warner Brother Discovery would have to do a MASSIVE write-down of some of its intangible assets. I hadn't really put a finger on the possible value of the write-down, but I know it would be large. However, now we know. Warner Brothers Dscovery has taken a $9 billion write-down of its TV assets. On many levels this doesn't bode well for the company. WBD still has about $43 billion dollars …