Nine's share buyback doesn't go to plan | Airbnb shares drop 13% | Warner Brothers' pay-TV battle

What the Flux

08-08-2024 • 6 mins

Nine Entertainment is expected to wrap up its $220m, two-year share buyback - after a whack in profits and business performance.

Airbnb has had its largest share price drop since going public in 2020.

Warner Brothers Discovery has written down the value of its TV assets by $9.1 billion USD, leading to a $10 billion USD net loss for the quarter.

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