|
They arent losing money on the Network, it is just making alot less than they hoped. Thats two different things.
They also made less on their new TV deal than expected, but still more than they were.
This led to a stock price drop to correct their over growth, and thus they are now making cuts to improve their profitability to raise the stock price back up.
But thats totally the same thing as bleeding money.
Good job Droford!
|