Paramount Earnings

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Paramount, the legendary studio which made the Godfather movies, announced its Q4 and full-year 2023 earnings Wednesday, reporting an annual revenue decline of 1.6% but a quarterly profilt of $404 million.Paramount is one of five remaining traditional Hollywood studios , and it owns and operates everything from CBS to the free ad-supported streaming network Pluto. Like Warner Bros.

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“Vidiots was so famous, and it was on everybody's list of places to visit if you really want to be an Angeleno,” adds Vidiots executive director Maggie Mackay. “I was blown away by it as a film lover and just a citizen of the city.”, to keep it afloat. But it became clear the business model was no longer sustainable and in 2017, the Santa Monica storeIt was during this time that Maggie Mackay, Vidiots’ current executive director, joined the team.

Like many cinemas during the Depression, seeing a movie at the New Eagle came with games of chance, door prizes, and evenDecades later, in the 70s, the incentives to get people in the door of a movie theater looked a little different.The theater changed hands again not long after, and stopped showing adult films. It ran as a cinema until the beginning of the 21st century, becoming a church in the early 2000s and remaining as such until 2019.

Over the course of the reopenning process, Vidiots found some support in small grant organizations, and the Golden Globe Foundation and the National Association of Theater Operators. But they didn’t have the bandwidth — or the connections — to tap into resources at larger organizations.

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