Showtime, Paramount+ Merger: $300M-Plus In Cost-Savings Estimated

  • 📰 THR
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

The move to combine the premium cabler with Paramount Global's flagship streaming service may result in 'cost savings in the $300-$400 million range,' a Wells Fargo analyst forecasts.

Berlin: Pierce Brosnan, Helena Bonham Carter, Gabriel Byrne to Lead Irish Drama 'Four Letters of Love'

Concluded Cahall: “If Paramount cuts half of Showtime’s selling, general & administrative, that’s around $200 million, plus additional direct-to-consumer cost actions could drive total cost savings in the $300-$400 million range, or around 5-6 percent of Paramount’s ‘22 estimated selling, general & administrative .”

Swinburne positively noted, however, that “content strength has helped Paramount continue to grow its streaming business while others are slowing,” adding that Paramount+ “has outperformed expectations and is well on its way to a 60 million-plus subscriber business and $4 billion-plus in revenue this year.”

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 411. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Cc EliotReyna HansLop53871788 AlbertCGA tio_amazon Mendinso RegularTweetsUK DailyNickNews

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Paramount is integrating Showtime into its streaming service and giving the premium network a new name | CNN BusinessGoodbye, Showtime. Hello, Paramount+ With Showtime. Same! But with more! Pretty much saw this one coming. Not paying for this bs
Fuente: cnni - 🏆 326. / 59 Leer más »