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'Paramount To Close TV Studio Amid Restructuring' - WSJ

Author: Benzinga Newsdesk | August 13, 2024 01:48pm

https://www.wsj.com/business/media/paramount-to-close-tv-studio-amid-restructuring-7c42a4ee?mod=latest_headlines

 

The iconic Paramount Television Studios is shutting down this week as part of a cost-cutting effort by parent company Paramount Global PARA -0.53%decrease; red down pointing triangle.

For decades, Paramount was one of the pre-eminent producers of television shows, and more recently produced several hits for streaming services including "13 Reasons Why" for Netflix and "Reacher" for Amazon Prime Video.

Posted In: PARA


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