FastSaying
They've cut back their risk profile significantly -- they're making movies not to lose money, rather than to make money. They got a little carried away and they have no upside either.
Dennis McAlpine
Money
Movies
Risk
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Paramount could make the most money out of this. They've got a couple of cheap movies.
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Anytime you do a movie with a cost of $200 million, you have a risk.
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I wouldn't be at all surprised to see radio and outdoor come up for sale, and Mel using some of his money to buy them again, if for no other reason than to show he can make it work.
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Combine that content with the Turner content and you're probably going to see more channels created.
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