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by araes 723 days ago
I think their numbers are BS, just like Hollywood's numbers have always been BS. Remember when Lord of the Rings lost money for New Line somehow?

Paramount's supposedly got 71,000,000 subscribers. At ~$10/month, they're making something like $8,500,000,000 / yr in subscriber fees. You gotta be daft to lose money on that.

At like a $1,000,000 / episode (last numbers I heard, might be old) that's 8,500 episodes of television a year. Pretty sure they didn't make anywhere near that much content last year. Seems like mostly all they're doing is taking away content and then charging you for it again. Disney already plays this game pretty extensively.

1 comments

No need to speculate, Paramount’s financials are public. And terrible.

https://www.macrotrends.net/stocks/charts/PARA/paramount-glo...

https://www.macrotrends.net/stocks/charts/PARA/paramount-glo...

https://www.macrotrends.net/stocks/charts/PARA/paramount-glo...

-2.8% annual return since Jan 2006, 4.25% annual return since Jun 2009, and their 5 and 10 year annual returns are way worse (dqdyj total return calculator doesn’t even provide a percentage return).

Meanwhile, SP500 is returning 10%+ per year.