forbes.com
🌐 85% Global Worthiness
Cable TV Viewership Plummets: Media Giants Take Billions in Write-Downs
In 2024, only three cable networks averaged over one million primetime viewers, down from 19 in 2014, due to cord-cutting and streaming's rise; Warner Bros. Discovery and Paramount Global announced $15 billion in write-downs, reflecting cable's declining value.
Cable TV Viewership Plummets: Media Giants Take Billions in Write-Downs
In 2024, only three cable networks averaged over one million primetime viewers, down from 19 in 2014, due to cord-cutting and streaming's rise; Warner Bros. Discovery and Paramount Global announced $15 billion in write-downs, reflecting cable's declining value.
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36% Bias Score
Reduced Inequality