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In a filing with the exchanges, the US-based broadcasting giant said that it reported $136 Mn in equity loss from the JV in the six month period ended March 2025
Additionally, the company projected an equity loss of nearly $300 Mn in FY25 due to JioStar’s formation, “driven by purchase accounting amortisation”
Due to deconsolidation of Star India from its books, the US broadcaster’s international operating income fell more than 84% YoY to $15 Mn in Q2 FY25
The…
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In a filing with the exchanges, the US-based broadcasting giant said that it reported $136 Mn in equity loss from the JV in the six month period ended March 2025
Additionally, the company projected an equity loss of nearly $300 Mn in FY25 due to JioStar’s formation, “driven by purchase accounting amortisation”
Due to deconsolidation of Star India from its books, the US broadcaster’s international operating income fell more than 84% YoY to $15 Mn in Q2 FY25
The…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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