evidence: In another cost cutting initiative, Warner Bros Discovery said they would be shutting down the website of The Cartoon Network. The announcement came in the aftermath of WBD announcing, in their quarterly earnings report, they are taking a $9.1 billion write down with their legacy television unit. Over the past several years cable networks have been losing revenue with a loss in carriage fees from cord-cutting resulting in a drop in subscribers and ratings. [...] Despite rumors, there has been no announcement that the cable television network would cease operations. The Cartoon Network began operations in October 1992 with an extensive (and classic) animated programming library from Turner Broadcasting. The network also added original programming. [...] Last February, in the wake of layoffs, Paramount announced they were shutting down Noggin, a subscription-based video-on-demand service targeting children under the age of seven. Content included with educational games, books and videos including Blues Clues.