Home Videos Photos Shop
PerezHilton CocoPerez Selena Gomez Kim K. Taylor Swift Demi PerezTV

Canceling 19 Kids and Counting Has Cost Discovery A LOT Of Money — See What The Network Is Reporting!

| Filed under: TV NewsBusiness BlitzReality TVThe Duggars

no title

That's a lot of money!

We all knew that both 19 Kids and Counting and TLC's parent company Discovery, were going to take a hit after the whole Josh Duggar scandal.

Even though it took the network quite awhile to finally cancel the show, everyone pretty much knew it was going to happen, especially after they pulled rerun episodes.

[ Related: Jill Duggar & Husband Derick Dillard Give A Mission Trip Update! ]

What we didn't know though is how much of a hit the company was going to take!

The Discovery CFO Andrew Warren revealed the details of how much the company's lost in a conference call on Wednesday morning. He said:

"Higher restructuring and other charges this year of $19 million, primarily due to content impairment charges of canceling TLC's 19 Kids & Counting."

This is similar to last year's final quarter when a similar thing happened to Discovery when they had to take impairment charges for canceling Here Comes Honey Boo-Boo due to their own scandal!

It's obviously quite a hit to the network, but we're sure they'll come back strong with another family people just can't get enough of — for one reason or another!

Tags: , , ,

Emmy Nominations 2018 — Snubs & Surprises!
10 Lowest Rated TV Shows Of Last Season!
Kim Kardashian's Day One & More -- This Week In Celebrity Twitpics & Instagrams!
Things You NEVER Knew About Classic '80s & '90s Cartoons...Until Now!
Taylor Swift Cuddles With Her Cat & More -- This Week In Celebrity Twitpics & Instagrams!
TV Show Casts That Could've Been!