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Message: <blockquote data-quote="keypointist" data-source="post: 1528055" data-attributes="member: 263727"><p>No. The fall in advertising revenue is effecting all media companies regardless of political stance. The vast majority of Newscorp's loss is an accounting write-down in the value of it's assets totalling $6.7 billion after taxes. Accounting write-downs are not "real" losses like operating losses. It's like the fall in the market value of a house - it can easily be reversed when market conditions improve.</p></blockquote><p></p>