Paramount Plans Cost Savings Moves as Streaming Finally Hits Small Profit ...Middle East

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Paramount Plans Cost Savings Moves as Streaming Finally Hits Small Profit
Paramount continued to push forward on its $500 million cost-savings plan and goal of reaching sustained profitability in streaming by 2025, in the company’s first earnings report since the Skydance deal was announced.  In the company’s second quarter earnings report, Paramount reported direct-to-consumer revenue up 13 percent year-over-year to reach $1.8 billion and an adjusted […]

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