Paramount Studios has announced plans to cut half a billion dollars from their operating budget; and this means bye-bye to a lot of jobs. Breitbart calls it “a bloodbath” (https://www.breitbart.com/entertainment/2024/06/26/nolte-bloodbath-paramount-studio-announces-500m-cuts/).
They’re blaming it on competition from streaming services vs. regular cable TV; but I think the problem us the content.
Look at that picture. If I’d seen it when I was a little boy, it would have given me whooping nightmares. I mean, this is grotesque! Downright hideous.
Meanwhile, their revenues are up 13%, but operating income is down 61%, over the past five years; and so far this year, their stock is down 26%. Paramount is losing tons of money. Its three CEOs (three?) are talking about selling off some assets.
Paramount also controls Showtime, MTV, and CBS.
Bigger is not always better.
If they’re pitching their content to the Wokies, they have ignored the oft-proved maxim, “Go woke, go broke.”
Not a dry eye in the house!
The so-called Deep State is a House of Cards built on lies and deception (we know who owns that territory). As Christians we need to be reconstructing institutions to take the place of the ones dominated by the secular-humanist when they come tumbling down. Education is one good example, home-schooling, Christian schools 1-12 (or whatever works best) and trade and professional colleges. So much can be done online. The curriculum has already been created, Christians just need to plug in and get with the Great Commision in discipling all nations.
Amen to that!
Go woke, go broke. Some of these people are so brainwashed that they can’t imagine changing their minds. In the meantime, a lot of honest, hard-working people will lose their jobs. People forget that for everyone you see on camera, there are many more skilled people making things happen.