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DeepNewz, mobile.
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Marvel Studios is undergoing a 'creative retooling' to regain their success after a series of box office disappointments and PR issues. Paramount Global faces credit rating downgrade concerns as it shifts focus to streaming, leading to a significant drop in market value.
Paramount Global Downgraded Again To "Credit Watch Negative" By Ratings Agency S&P Due To "Weak" Cash Flow Trends https://t.co/XvdpOhWu5M
(THR) - Paramount Global is on a watch by S&P Global for a possible credit rating downgrade over weaker cash flow concerns as the major studio pivots from linear TV to the streaming space. @THR $PARA https://t.co/gf22OvQ7Zn
Paramount’s market value has fallen by half in the past two years, to under $9bn. Its problems point to wider disruption in Hollywood https://t.co/OoXKfcPrLo 👇
