Second to do so after Sony. Not sure if the 1948 Paramount Decree technically applied to Sony, Columbia was a signatory. But no more rules about that now.
Future of Paramount+ among merger talks
- Thread starter James Cole
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Second to do so after Sony. Not sure if the 1948 Paramount Decree technically applied to Sony, Columbia was a signatory. But no more rules about that now.
Peacock would likely be an easier merge than Max.
IIRC, Paramount Global is owned/controlled by National Amusements. (9.7% equity stake and 79.9% voting) If you buy NA you get PG. Unless there was some separate deal and PG was spun off or sold before you acquire NA..
I get that vibe off him too, I know he's a big aviation history nerd, so it tracks. But I've never seen any direct evidence.
From statements they have made recently, it appears plan A is to use his tech connections expertise to make Paramount+ cheaper to run/more efficient, thus making it profitable.
Probably so. HBO Max is a sinking ship.
Paramount-Skydance Deal: Top Execs On Wooing Talent, Boosting Streaming And The Mantra That Persuaded Shari Redstone: “Don’t Take It Private, Break It Up And Kill It”
Skydance and backer RedBird Capital spoke to reporters about negotiations, streaming plans, Larry Ellison's role and other Paramount merger topics.
deadline.com
He's a good dad.
Nooo, you are so wrong!Me thinks locborg is unfamiliar with Skydance's past relationship with Paramount, Abrams and Kurtzman. Though it's right there in the article.
When a merger happens, the new company comes in and 9 times out of ten, they clean house..
Just send him to Belize until his contract runs out in 26…
Take back control of Trek Mr Ellison, you are our only hope!!
Paramount should just get out of the Streaming business all together. Just sell there content to other streamers like Netflix, amazon etc. The time of every studio having there own gig is over. Unless you have a shed load of content like Disney, its a losing bet.
What's the color of the sky in your elseworld?
Yes and No. Looking at the trends over the last 5 years. Most of the streamers are getting closer to breaking even. And if that trends continues eventual profit in a couple to a few years. Some even by next year.
Of course even when first getting to earning profit that profit will be small, and also take time if trends continue to grow.
Paramount in its current state has such heavy debt and such a poor credit rating it makes it very difficult to play a long game (though in reality it's not that long a game).
Paramount on its streaming side has beat its planned goals in revenue, and subscribers every year so far. And its on course (if it survives and the trend continues) to be at a point of profit faster then initially planned.
But Covid shut down and Covid costs when restarting and then two strikes hurt all of the media companies. Paramount being in more danger it really did them in. If those two things hadn't had happened, I would absolutely be stay the course, your still on shaking ground, but the streaming service likely would have already started earning a very profit before you reach the financial point your at today.
And this isn't just a streaming issues, its absolutely a network and cable broadcast issue. Cable declines are massive, far outpacing network.
Going to a strict content provider instead of a broadcaster/ streamer means that you are going to very quickly start producing far les material. And you go from being a large content provider, to a fairly minor player. Now you can do that and stay a small profitable company. But your reach and potential becomes far, far smaller. You would in time basically become something like Sony. And Just the Sony entertainment side of the company (versus Sony the large overall company).
Can you please produce a summary of the following YouTube transcript?
He's a clown. I don't follow him or seek his content out, but his videos have crossed my path on several occasions. I can't recall him fluking a single scoop with his "over here at ... we get to speak to a lot of people within the industry" schtick.
A broken clock has a better hit rate.
I wouldn't mourn Kurtzman's departure, given I have only liked a small percentage of what he has produced. But there's nothing in the change of ownership that guarantees I'll like the next era of Trek any more than the current.
Sky Dan. He's my favorite superhero.
And Terry Matalas will become head, and bring back Rick Berman to produce Star Trek Legacy and...and smite our enemies!
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