Paramount cuts 15% of US staff, writes down $6 billion in latest sign of TV troubles

5 comments

1. It’s almost like trying to force multiple subscriptions at higher and higher prices will result in people not wanting to pay. What a crazy idea.

2. I mean when every subscription equals out to cable prices then it’s time to pirate

3. What I don’t get is why movies are becoming more and more expensive to make, yet most of it is just CGI now. I miss the artistry of real sets and effects

4. Literally just purchased paramount+ because of the EFL. Just need to trust soccer is growing in US, but the MLS is corny and English soccer is way better.

5. Paramount Plus, Paramount Network, Paramount Plus with Showtime…

   It’s all too damn confusing.

   Another misguided decision, albeit almost 20 years ago, was selling the Paramount theme parks to Cedar Fair. Paramount had free rein to market all of their IP all over the country for free. All they needed to do was maintain the parks and keep people coming through the gates. Instead, they pissed it all away for less than $2B.