The (seeming) finale of the Paramount sale drama brings closure to some questions but raises more. How is David Ellison’s promise of a rejiggered tech stack going to stem linear TV losses? Where is the additional $3 billion in revenue he is projecting coming from? And wait, is that Jeff Shell? Sean McNulty, Richard Rushfield and Elaine Low break down the next phase of the drama to come. Also: how people are vacationing right now (if at all), and the reinvigorated summer box office.

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Paramount: New Boss, Same Problems