r/movies • u/Vanderlyley • 28d ago

News Paramount Posts $286M Fourth Quarter Streaming Loss

https://www.hollywoodreporter.com/business/business-news/paramount-fourth-quarter-streaming-1236148263/
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u/stackfan 28d ago

How could they lose that much when they already own a majority of the content they have on the site?!?

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u/ckal09 28d ago

It’s weird because their streaming service has become profitable before this

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u/someone_like_me 27d ago

Profitability in entertainment is an odd thing, due to schedules of when checks come in and when they go out. There were two profitable quarters last year. But the stockholder reports warned that it was mostly due to the timing of payments and wouldn't be sustained.

I believe continuous profitability was anticipated by end of last year. But that's from memory. Maybe it was 2025. Somebody can check the old reports (I'm too lazy). But ad revenue has dropped industry-wide. So even with more viewers, they are getting less revenue.