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.”
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