movies@lemm.eeEnglish · 1 day ago

Paramount Posts $286M Fourth Quarter Streaming Loss, Gains 5.6M Subs

www.hollywoodreporter.com

Paramount Posts $286M Fourth Quarter Streaming Loss, Gains 5.6M Subs

www.hollywoodreporter.com

TheImpressiveX@lemm.eeM to

movies@lemm.eeEnglish · 1 day ago

Paramount Global reported its fourth-quarter financial results on Wednesday with a streaming loss posted ahead of a sale of the studio to Skydance Media.

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reddig33@lemmy.world
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Which is probably why they have millions of subscribers but are still losing money.

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