10-Q Watch: MTV Networks’ Writeoff On Its Investment In Amp’d: $36 Million
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That came out today in MTV’s parent Viacom’s (NYSE: VIA) 10-Q filing for its Q2 earnings: “In the second quarter, the Company recorded a pre-tax impairment charge of $36.0 million to write off its investment in Amp’d Mobile, which filed for bankruptcy. The impairment charge is included in Other items, net in the Consolidated Statements of Earnings.” Now you know…
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