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

Deutschland Nachrichten Nachrichten

Showtime, Paramount+ Merger: $300M-Plus In Cost-Savings Estimated
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

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.

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

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.”

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

THR /  🏆 411. in DE
 

Cc EliotReyna HansLop53871788 AlbertCGA tio_amazon Mendinso RegularTweetsUK DailyNickNews

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Paramount is integrating Showtime into its streaming service and giving the premium network a new name | CNN BusinessParamount 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
Weiterlesen »



Render Time: 2025-01-14 03:30:51