The cuts come after CBS, owned by Paramount Global, saw record-breaking advertising and sales during Super Bowl LVIII that drew in 120 million viewers, according to the NFL.
https://www.usatoday.com/story/money/2024/02/13/paramount-layoffs-february/72587219007/
Hemorrhaging cash. Streaming ki-ls.
Um. What does one live event have to do with layoffs? Anybody who hasn't watched Bob sell everything but the kitchen sink, billions of dollars in debt accumulate & viewership falling of a cliff needs to take their head out of the sand
It's almost as if Nielsen's fake numbers don't pay the very real bills