Paramount’s Identity Crisis: Massive Layoffs, Creative Exodus, and Strategic Uncertainty
What was sold as a revitalization appears to many, both inside and outside the company, as a high-risk restructuring that may strip Paramount of the very assets that once justified the deal. The comparison made by several veterans suggests that this has the makings of another Bronfman-era playbook: big promises, bigger checks, and a costly pursuit of scale that can leave the core business weaker.