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Yahoo Takes $42M Charge on Community Revival

Reviving “Community” has been a costly adventure for Yahoo. CFO Ken Goldman revealed during their third-quarter earnings call that the company took a $42 million charge on “Community” and two other original series as it couldn’t effectively monetize the programming. http://variety.com/2015/digital/news/yahoo-misses-q3-earnings-marissa-mayer-narrower-product-focus-1201622483/ #EntertainmentBiz

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