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Navigating Uncertainty at Paramount
This chapter examines the struggles of a major entertainment company during a financially turbulent period, focusing on the launch of Paramount Plus and the renewal of NFL rights amidst declining cable revenues. It highlights key decisions made by leadership, including controversial dividend cuts and the potential merger talks with Skydance, which raised concerns among shareholders. Additionally, it unveils the complexities surrounding ongoing negotiations with Comcast, contributing to internal strife and dissatisfaction among investors.