Fox News vs CNN | CNN’s Rough Year | 5
Business Wars
Entertainment Industry Contraction: Challenges and Changes
This chapter explores the decline in the entertainment industry, driven by the global pandemic, strikes, and an unsustainable content boom. It highlights the financial struggles of major players like Paramount in light of corporate mergers and workforce cuts, while also reflecting on the shifting dynamics of viewership towards streaming services. The discussion further examines the future of television and the necessity for a more sustainable economic model amid varying success across cable networks.
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