Who would think the 'Ambiguously Gay Duo' has been on television for 28 years.
Posted on 01/22/2024 2:17:52 PM PST by T.B. Yoits
Paramount Global — the parent company off CBS, Paramount Pictures, Showtime, and numerous other media properties — is reportedly set to lay off “hundreds” of employees across nearly all of its divisions.
The impending cuts represent the latest Hollywood bloodbath following layoffs at other corporations, including Disney, NBCUniversal, Amazon MGM Studios, and Universal Music Group.
Hollywood is feeling the squeeze on multiple fronts. Households continue to cut the cord by the millions while the advertising market is still in the doldrums due to poor consumer sentiment tied to President Joe Biden’s economic policies.
Meanwhile, consumers are cutting back on discretionary expenses, like entertainment, as the cost of food, energy, insurance, and other essentials continues to skyrocket.
Paramount’s layoffs will be in the hundreds, affecting virtually every division, with senior executives given reduction targets to hit, according to a Deadline report. The layoffs will start February 1, with those affected being told to leave as quickly as within three days.
Last year, Paramount slashed 25 percent of its employees across multiple media properties. As part of the reductions, it shut down MTV News.
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Paramount’s case is somewhat unique given the acquisition rumors that have swirling around the company in recent months. Among the potential suitors is David Ellison’s Skydance Media, which teamed up with Paramount on Top Gun: Maverick and the latest Mission: Impossible movies.
(Excerpt) Read more at breitbart.com ...
Scoop: Warner Bros. Discovery in talks to merge with Paramount Global
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They are producing woke crap. Good.
They are now hiring AI generated avatars.
Oh well....
Oh! The HORROR!
Streaming is cheap to do, but if you don’t have any programs that people want to pay the streaming fee for, then you’re done.
What. You think there is no market for a transvestite groomer super-hero??
Stick with MeTV and forget the rest.
We’ve been watching some older movies and TV shows recently.
There is so much out there , as far as the quantity of older programming made before the politically correct era, , I don’t think i would miss Hollywood or the major TV networks. if they never produced anything else.
There is so much out there , as far as the quantity of older programming made before the politically correct era, , I don’t think i would miss Hollywood or the major TV networks. if they never produced anything else.
We've been watching old television shows, like "Good Times", "Space 1999", "Mission Impossible", and so forth.
There is some modern stuff that is good, but there is a lot that's just crap.
Paramount has been entertaining buyout offers - the son of Larry Ellison (founder of Oracle, multi billionaire) has a big time entertainment company producing many of the big Tom Cruise movies; video games and TV shows. They reportedly made an all cash offer for Paramount backed by L.E.’s cash.
Layoffs may be due to cash flow but it may also have to do with cleaning up the books to get a better price.
Any insights on this?
They spend too much on these productions, I have no idea where the money goes since most of these modern films look awful.
Star Wars a new hope adjusted for inflation cost 55 million and rise of Skywalker cost 400 million.
Which one will stand the test of time more?
Who would think the 'Ambiguously Gay Duo' has been on television for 28 years.
Does anyone know if he's alright?
Streaming is great. It costs far less than distributing physical media. The problem is they have no content people are willing to pay for.
Maybe they can apply for Illegal Alien status. Then they’ll be taken care of.
Hollywoke will go broke.
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