What I’m Hearing: The Streaming Recession and Ari vs. Amy

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Thursday Thoughts…

Moonves report fallout?: CBS isn’t commenting on the fate of Ian Metrose, the senior V.P. of talent relations and special events, who looks pretty bad in the New York attorney general’s report on the cover-up of Les Moonves’s personal behavior. Did you read this thing? Moonves, working with...

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Hollywood’s Worsening Catch-22

The plunging value of entertainment companies presents terrible options: limit streaming spending too much and you risk being left behind; go all in and you risk spending yourself out of business. Is there a magical middle ground?

MATTHEW BELLONI

“What the eff do these people want?” I was on the phone yesterday with a friend on the corporate side at Paramount Global in New York, getting his read on the latest shellacking of the stock despite the fact that the company grew its streaming business to 67 million subscribers. It was easy to comprehend his frustration—and the anger that everyone is feeling around Hollywood. To many, the streaming-video clown car that we all feared would drive off a cliff now sees that cliff squarely in...

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