Thread regarding ViacomCBS layoffs

ViacomCBS dumping simon and schuster

Thoughts??

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| 1881 views | | 14 replies (last March 13, 2020) | Reply
Post ID: @OP+13Oy3gGI

14 replies (most recent on top)

Probably a good idea. Could not have been Shari Redstones idea.

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Post ID: @9rqc+13Oy3gGI

Still talking about streaming but we already lost there. Which is what happens when you spend company money on stock buy backs instead of investing in real programming and the future of “content” as a whole. How many times can you bring back Jersey Shore and promote someone for THAT?! HOW?! No new ideas, huh? You get a promotion and more networks! DUMB!

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Post ID: @1rcx+13Oy3gGI

F— em!!

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Post ID: @1srl+13Oy3gGI

Sadly ViacomCBS will be another MGM, only existing in the library archives. This is what happens when you appoint leaders who can't lead.

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Post ID: @1djc+13Oy3gGI

they are selling off everything that is not video content so they can get the company acquired by a Netflix or other streaming platform for the big show library. The executives will get even richer from the acquisition and everyone else will get dumped.

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Post ID: @pqr+13Oy3gGI

Oh yah that also:)

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Post ID: @jbl+13Oy3gGI

They need cash for executive compensation. Obviously.

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Post ID: @jum+13Oy3gGI

They need cash because they s— in creating content that brings in revenue.

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Post ID: @ykm+13Oy3gGI

Rumor is - Tom Hanks will star in the Role as BOB Gump. Selling to get out of Debt, buy back stock and invest more into the sinking streaming ship

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Post ID: @ehb+13Oy3gGI

Sorry to be in the dark but why does the company need cash? To buy back stock?

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Post ID: @yeg+13Oy3gGI

viacomcbs already has a publishing group

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Post ID: @woa+13Oy3gGI

kewl

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Post ID: @opu+13Oy3gGI

The company needs cash. It’s not a core product and not intricate to Bobs plan. Other publishing Star Trek books it’s never mentioned. It makes sense. Not sure who wants it or how much it’s worth though.

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Post ID: @qpe+13Oy3gGI

no surprises, the writing has been on the wall. The others are lining up as well.

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Post ID: @wfu+13Oy3gGI

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