Paramount's Best/Worst Week Ever
02/16/24 • 34 min
The gods of Hollywood never give with both hands. Just ask Paramount who, in one week, delivered a record-shattering Super Bowl and Jon Stewart’s triumphant return. But currently for sale, the debt-laden studio within days was laying off three percent of its workforce — roughly 800 staffers — and Warren Buffett shed a third of his stock in the company. The team weighs in on what appears to be a shortage of interested buyers, why, and what happens next. Also: Elaine Low on how to read the TV tea leaves from her chat with FX chief John Landgraf.
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The gods of Hollywood never give with both hands. Just ask Paramount who, in one week, delivered a record-shattering Super Bowl and Jon Stewart’s triumphant return. But currently for sale, the debt-laden studio within days was laying off three percent of its workforce — roughly 800 staffers — and Warren Buffett shed a third of his stock in the company. The team weighs in on what appears to be a shortage of interested buyers, why, and what happens next. Also: Elaine Low on how to read the TV tea leaves from her chat with FX chief John Landgraf.
For more entertainment news, subscribe to The Ankler.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Previous Episode
Disney's Next Decade
Disney CEO Bob Iger dropped one bombshell after another this week: a new ‘sports Hulu’ with Warner Bros. Discovery and Fox, a gaming splurge, and, yes, of course, news about Taylor Swift. As the Q4 earnings call revealed, theme park revenue continues to lead, as linear TV profits sunk, and streaming and the movie studio suffered nine-figure losses. What does it all mean? Elaine Low, sitting in as host of this week’s podcast, also shares her findings on where the jobs are (and aren’t) around the TV industry; Peter Kiefer joins to break down his big stories on the drama behind L.A.’s private school scene and the spiraling doc market. Transcript here.
For more entertainment news, subscribe to The Ankler.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Learn more about your ad choices. Visit megaphone.fm/adchoices
Next Episode
Warner Bros.' Wobbly Future
As Warner Bros. Discovery chief David Zaslav pours money into reconstructing Robert Evans’ legendary estate, a far more daunting reconstruction awaits: his company. On Friday, WBD had its Q4 earnings report, and it wasn’t pretty. Zaslav’s company missed on both earnings and revenue, and the stock went down roughly 12 percent. The crew looks at what WBD’s head honcho's plan to remedy the disaster. Also: Richard Rushfield breaks down his five-part field guide for how to navigate Hollywood types, and Elaine Low gives an update on the upcoming IATSE negotiations.
For more entertainment news, subscribe to The Ankler.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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