Update: Dear Fran & Shari: Paramount is aflame, and crystal ball gazers eat glass.
Show me the cash flow.
Dear Fran and Shari:
UPDATE # 3 ( see # 1 and #2 below)
Not because of climate science, Paramount Global , the smallest of the legacy studios by revenue, market capitalization and most other metrics you choose, is notably burning cash like a tech startup: $541 million in the first half.
No CO2, just negative free cash flow, with debt bullets below. The P…
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