Business
WGA Struck
The last-minute change comes courtesy of the WGA strike and the NYPD, IndieWire is told.
Just as Showtime was inched toward Paramount+, it's deja vu all over again.
This time, the overall subscriber decrease includes the U.S. and Canada.
Read Chris McCarthy's note to staff here.
Missing: AMC streaming subscribers and earnings from Fox and The CW.
Monetize those libraries!
As streamers prioritize revenue over subscriptions, old-fashioned licensing suddenly looks sexy.
AMC and Cinemark leaders say theaters and movie studios can work around a months-long strike, "unfortunate" as it may be.
But David Zaslav did take time to root on the New York Knicks ahead of Game 3 vs. the Miami Heat.
Ahead of Schedule
That's one year ahead of schedule; read the company's mixed Q1 financial results here.
Don't stop at shuttering the Showtime app, Wells Fargo argues at the end of a tough day for Paramount Global shareholders.
The AMPTP's first public response to the writers strike said the WGA wants "a one-size-fits-all solution to shows that are unique."
"We've been planning for this," said CEO Bob Bakish, while studio CFO Naveen Chopra praised A.I.
