'Losses' is what you meant to say, and yes as a matter of fact...

'Losses' is what you meant to say, and yes as a matter of fact many BIG businesses make losses.
And some balance sheets /losses are made to look worse for the simple people to sell at any price... then the smart people buy and make A LOT of money.
Its an age old way of the rich getting richer.
Some old rich billionaire said something like buy when others are scared or something silly. Anywho there couldn't possibly any real value in a tv station, they're old hat. LOL
Follow the smart money, billionaires rarely lose money.... it keeps them billionaires