Discovery Withdraws 2020 Fiscal Outlook, Draws Down $500 Million Amid Coronavirus Outbreak

México Noticias Noticias

Discovery Withdraws 2020 Fiscal Outlook, Draws Down $500 Million Amid Coronavirus Outbreak
México Últimas Noticias,México Titulares
  • 📰 Variety
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Discovery will borrow $500 million under its credit facility to boost its cash position the latest media company to scramble to deal the ongoing coronavirus crisis. The parent of Food Network, TLC …

Discovery disclosed in an SEC filing Tuesday that amid the outbreak of the novel coronavirus COVID-19, it has drawn down $500 million under its credit facility to boost its cash position and withdrawn its outlook for the fiscal year. “On March 12, 2020, the Company drew down $500 million under the credit facility to increase [...

The show, a spinoff of “Love After Lockup,” follows the lives of couples, [...]HBO is seeing a burst of viewing as millions of Americans are shut indoors during the coronavirus pandemic. Time spent with the HBO Now streaming service since Saturday, March 14, was up over 40% from the previous four-week average, according to WarnerMedia. The media conglomerate said it’s the highest engagement rates for HBO Now since [...

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Variety /  🏆 108. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

BJ's Wholesale temporarily raises hourly wages by $2, offers bonuses from $500 to $1,000BJ's Wholesale temporarily raises hourly wages by $2, offers bonuses from $500 to $1,000BJ's Wholesale Club Holdings Inc. said Monday that it is raising hourly wages by $2 across the company from March 23 until at least April 12. The retailer is also offering a one-time bonus ranging from $500 to $1,000 to managers and key personnel at the end of March. BJ's also announced over the weekend that it would make special shopping hours available to customers ages 60 and over. BJ's stock is down 2.5% in Monday trading, and down 7.4% over the last year. The S&P 500 index has tumbled 19.1% for the past 12 months.
Leer más »

Trump on GOP’s $500 Billion Coronavirus Slush Fund: ‘I’ll Be the Oversight’Trump on GOP’s $500 Billion Coronavirus Slush Fund: ‘I’ll Be the Oversight’The GOP's corporate slush fund currently allows for the White House to withhold the names of businesses that receive bailout cash, leading to concerns that Trump could inject money into his own businesses suffering from the shutdown
Leer más »

Andrew Yang's nonprofit giving out $1 million amid COVID-19 crisis, including $250-$500 checks via social mediaAndrew Yang's nonprofit giving out $1 million amid COVID-19 crisis, including $250-$500 checks via social mediaAndrew Yang's nonprofit, Humanity Forward, is giving away at least $1 million in free cash in response to the coronavirus pandemic. That includes $100,000 worth of $250 to $500 checks via social media.
Leer más »

White House agrees to oversight of massive $500 billion Treasury loan program designed to soften coronavirus impact on businesses | Markets InsiderWhite House agrees to oversight of massive $500 billion Treasury loan program designed to soften coronavirus impact on businesses | Markets InsiderThe White House will allow oversight of a $500 billion Treasury program that would make loans to businesses severely impacted by the coronavirus...
Leer más »

Trump was asked whether his personal properties would benefit from a proposed $500 billion Treasury fund for distressed companies. He wasn't able to give a straight answer. | Markets InsiderTrump was asked whether his personal properties would benefit from a proposed $500 billion Treasury fund for distressed companies. He wasn't able to give a straight answer. | Markets InsiderTrump was asked whether his personal properties would benefit from a proposed $500 billion Treasury fund for distressed companies. He wasn't able to give a straight answer.
Leer más »



Render Time: 2025-04-03 17:10:35