Paramount’s Debt Rating Downgraded to
‘Junk’ Status as Cable TV Subscriptions Plunge
Posted By: mc squared, 3/31/2024 10:42:12 AM
Hollywood studio Paramount Global has been downgraded to junk status by S&P, which cited the ongoing plunge in cable TV subscriptions as the reason for the credit rating change. Paramount — which owns numerous linear TV properties including CBS, Nickelodeon, MTV, BET, and Comedy Central — is facing a dire economic forecast that is shared by other legacy studios. American households continue to cut the cords by the millions, depriving studios of lucrative carriage fees. At the same time, TV advertising revenue is plunging due to weak consumer sentiment tied to historic levels of inflation brought about by the Biden administration.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
Below, you will find ...
Most Recent Articles posted by "mc squared"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
mc squared"
Hollywood studio Paramount Global has been downgraded to junk status by S&P, which cited the ongoing plunge in cable TV subscriptions as the reason for the credit rating change.
Paramount — which owns numerous linear TV properties including CBS, Nickelodeon, MTV, BET, and Comedy Central — is facing a dire economic forecast that is shared by other legacy studios.
American households continue to cut the cords by the millions, depriving studios of lucrative carriage fees. At the same time, TV advertising revenue is plunging due to weak consumer sentiment tied to historic levels of inflation brought about by the Biden administration.
On the Christian calendar, this Sunday is Easter, a revered Holy Day for Christians celebrating the resurrection of their Lord and Savior Jesus Christ when his tomb was found empty, three days after his execution by crucifixion commanded by the Roman Empire. Even in secular society, the day is celebrated with colored eggs and baskets filled with strange plastic grass and bunny-shaped chocolate confections, and the iconic, American candy gems known as jellybeans. Easter Sunday is not only an extremely significant Christian holiday, it is also a family-oriented tradition.
President Joe Biden, a proclaimed Catholic (being raised Catholic myself, I'll take issue with that claim
President Biden has sparked outrage by declaring Easter Sunday will also officially become Transgender Day of Visibility.
The White House doubled up backlash as it also banned religious imagery in submissions from children of military families taking part in the traditional Easter Egg Roll event, as critics branded the moves an 'attack on Christianity.' [snip] As he declared Easter Sunday would also be 'Transgender Day of Visibility', Biden also delivered a scathing attack on Republicans while stressing that 'transgender Americans are part of the fabric of our nation'
A nine-year-old boy was found dead inside a burning car after his father doused the vehicle and set it alight following a domestic dispute, authorities have said.
Manuel Rivers, 43, of Sayreville, New Jersey, has been charged with aggravated arson according to the Middlesex County Prosecutor's Office.
Police had been called to the family home shortly before 11pm on Thursday, and were told Rivera had left the residence with his son, whose name was not released.
Around that same time, a fire was reported in the area of Sayreville War Memorial High School.
When police arrived at the school, they found Rivera next to a burning car
If It Ain’t Woke, Don’t Fix It: Biden
Urged To Use Baltimore Bridge Rebuild
For Race Reparations 30 replies
Urged To Use Baltimore Bridge Rebuild
For Race Reparations 30 replies
President Joe Biden is being pressed to use the reconstruction of the Francis Scott Key Bridge in Baltimore as an opportunity to remedy alleged racial discrimination against blacks in the construction industry.
Biden said this week that he had told his administration officials to “move heaven and earth” to reopen the port of Baltimore and rebuild the bridge. The reconstruction efforts, however, may be complicated by demands that the project further leftwing ideas about racial justice, the treatment of immigrants, climate change, and wealth redistribution.
An op-ed in The Hill underscores that some of these demands may be irreconcilable.
A driver has been charged with second-degree murder over the death of a woman out walking with her husband.
Derek Bizzell said that it was the first time his 42-year-old wife Shaunda had joined him on his evening exercise when they were run-down by a car.
The pair were walking the second lap of his standard loop of the neighborhood in Chesterfield, Virginia, when they saw the vehicle veer from the middle of the street towards them.
'We walked around the curb. We could see a car coming up the middle of the street like cars always do, and then he got closer to us,' Derek Bizzell told KCRG.
Mom condemns county for declaring Transgender
Day of Visibility on Easter: 'Narcissism problem' 11 replies
Day of Visibility on Easter: 'Narcissism problem' 11 replies
A Virginia mom believes a recent unanimous vote by a Fairfax County board to celebrate Transgender Day of Visibility this upcoming Easter Sunday sends a denigrating message to Christians on one of their holiest days.
Last week, the Fairfax County Board of Supervisors voted 9-0 in favor of designating Easter Sunday as Transgender Visibility Day, which is observed each year on March 31. One member of the board, Republican Pat Herrity, was not present for the vote. [snip]
Fairfax County School Board, for example, has designated June as LGBT Pride Month and October as LGBT History Month.
The crime problem in New York City's subways has become legendary over the past few years, fueled in part by the invasion of illegal migrants flooding the city. The Governor and the Mayor have already sent in the National Guard and the State Police in an attempt to combat the problem. Now the Metropolitan Transit Department and the NYPD have announced that an additional 800 uniformed police officers will be heading into the tunnels. But their focus won't initially be on the knife-wielding muggers or the maniacs shoving people onto the tracks. They will be dispatched to the subway platforms to watch out for turnstile jumpers
At least eight states are planning to ban the sale of new gas-powered cars in the next decade - and others are considering joining them.
Only zero-emission vehicles can be sold in participating states beginning from the 2035 model year, according to the Advanced Clean Cars II legislation.
The rule, which was first adopted by California, means that automakers and dealerships would be banned from selling new gas cars in these states from that point onwards.
Americans will not be forced to take their gas-powered cars off the road, however, and will still be able to buy used and secondhand gas vehicles.
These states have gone further
Brandon Ortiz-Vite faces one count each of homicide/open murder, carjacking, felony firearm, operating while intoxicated, driving on a suspended or revoked license
An illegal immigrant is awaiting arraignment on an open murder charge after he allegedly killed a young woman whose body was left on U.S. 131 in downtown Grand Rapids.
Michigan State Police continue to investigate the details that led to the body of a deceased female discovered on the roadway of southbound U.S. 131 and Leonard Street with apparent gunshot wounds around 11:38 p.m. on Friday.
Virginia dad Scott Smith, who was famously convicted, and then pardoned by Gov. Glenn Youngkin for standing up against the Loudoun County School Board (LCSB), says the newly elected board members have “let us down.” Smith, whose daughter was sexually assaulted by a boy in a dress in the Stone Bridge High School bathroom, appeared with Dana Perino on Fox News’s “America’s Newsroom” after the board stuck to party lines and voted to turn off cameras during the time allotted in the meetings for public comment,
Family of girl charged in brutal Kaylee
Gain beating claims she’s the real victim,
starts fundraiser 25 replies
Gain beating claims she’s the real victim,
starts fundraiser 25 replies
The family of the Missouri girl who has been charged with beating 16-year-old Kaylee Gain into unconsciousness says she is the real victim and had been “harassed and bullied” before the caught-on-video assault.
The 15-year-old’s aunt told Daily Mail that her niece – described as an honor student with a stellar record at Hazelwood East High School — was defending herself during the viral March 8 fight in Spanish Lakes, Missouri.
The accused attacker’s loved ones are asking the juvenile court system to show “compassion” for the teen and they are seeking $150,000 in donations toward her legal defense.
Most Active Articles (last 48 hours)
President Joe Biden’s secular deputies kidnapped Christian theology to champion transgenderism on the holiest weekend for Christianity.
On Sunday afternoon, Biden’s X account tweeted: “Today, on Transgender Day of Visibility, I have a simple message to all trans Americans: I see you. You are made in the image of God, and you’re worthy of respect and dignity.” (snip) The “made in the image of God” phrase and claim is a theological statement by a government that vigorously enforces secularism outside churches.
If you thought that the collapse of the Francis Scott Key Bridge was the real disaster, you aren’t familiar with the government.
Stephen Green at VodkaPundit notes that, “Could it really take twice as long and four times as much money to replace the collapsed Francis Scott Key Bridge than it did to build it in the first place? The Key Bridge was built at a cost (adjusted for inflation) of about $200 million. Replacing it could take a decade and cost $400 million to $800 million dollars, according to experts in what has become a dismal field.”
It’ll get worse before it gets better. And that’s assuming that it ever does.
The White House has responded to the backlash from Christians over the “Transgender Day of Visibility” proclamation issued by Joe Biden.
Biden declared March 31 to be a holiday honoring transgender people — but this March 31, of course, is Easter.
“NOW, THEREFORE, I, JOSEPH R. BIDEN JR., President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim March 31, 2024, as Transgender Day of Visibility,” the White House proclamation declared. “I call upon all Americans to join us in lifting up the lives and voices of transgender people throughout our Nation and
The White House moved Sunday to make public its best wishes for Christians in the wake of an earlier furore arising from President Joe Biden embracing Easter Sunday as “Transgender Day of Visibility.”
A statement from the White House was issued to that effect, saying the power of Christ’s Resurrection is honored in the observance of Easter: Jill and I send our warmest wishes to Christians around the world celebrating Easter Sunday. Easter reminds us of the power of hope and the promise of Christ’s Resurrection.
As we gather with loved ones, we remember Jesus’ sacrifice. We pray for one another and cherish the blessing of the dawn of new possibilities.
ISIS-K terrorists could cross America’s porous borders, and carry out an attack like the
Moscow concert hall mass shooting that killed 143 people
, a US counter-terrorism official and experts warned.
The ultra-violent offshoot of the Islamic State terror group is growing “bolder,” and and its members may try to take advantage of the chaos at the US-Mexico border and seek out a “bigger” target, a current federal official told The Post, speaking on the condition of anonymity.
“An attack on US soil is definitely a possibility,” said the source. “It would certainly send a message.”
Protesters calling for a ceasefire in Gaza flooded into New York City's most iconic cathedral, breaking up a Saturday-night Easter Mass and throwing the tranquil scene into disarray.
On the evening of March 30, candles illuminated the inside of St. Patrick's Cathedral as observers gathered for the customary Easter Vigil Mass led by Cardinal Timothy Dolan, archbishop of New York.
But the peace quickly devolved into chaos as demonstrators with Extinction Rebellion NYC's Palestinian Solidarity group swarmed into the church.
Pop superstar Lizzo has had enough.
She's had enough of the "lies." She's tired of being "the butt of the joke every single time because of how I look."
"I didn’t sign up for this s— — I QUIT [peace out emoji]," she posted on Instagram. The singer is the subject of a sexual harassment lawsuit by three of her dancers who claim they had been “exposed to an overtly sexual atmosphere that permeated their workplace,” and that Lizzo created a "hostile work environment."
She appeared at the Joe Biden mega-dollar fundraiser at Radio City Music Hall on Thursday night, drawing criticism from the attorney for her three accusers.
“It’s shameful
There are few more joyous places for a Christian at Easter than northern Europe's tallest and largest Gothic cathedral in the city of Cologne.[SNIP] Perhaps we should not be surprised. In Britain, Windsor Castle hosted its first Iftar last week, with permission from King Charles, the Supreme Governor of the Church of England. Guests feasted on coconut milk and dates in the grounds before a private tour of the State apartments. Westminster Abbey, meanwhile – a Christian site for over 1,000 years – flew the national flag of the Islamic Republic of Pakistan, with the Muslim crescent and star, to mark 'Pakistan Day'.
There have been a lot of bad anarchist actions over the years, but one of the ongoing places continues to have issues from activists agitating against what they call "Cop City" in Atlanta. "Cop City" is a facility that is being built in the woods to help better train police. You would think that people would want better-trained officers. But what many of these characters truly want is no police. There has been all kinds of violence and arrests at the site over the past few years as activists occupied the area trying to stop the project from being built
WASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.), Chair of the Senate Judiciary Subcommittee on Immigration, Citizenship, and Border Safety, and U.S. Senate Majority Whip Dick Durbin (D-Ill.), Chair of the Senate Judiciary Committee, led 17 Senate Democrats in requesting administrative relief for undocumented immigrants.
As the Biden Administration considers executive actions on the border, the letter outlines recommendations for executive actions to streamline immigration relief for the undocumented population and DACA holders in the United States.
“We urge your Administration to take all available actions to streamline pathways to lawful status for undocumented immigrants, providing certainty to the American businesses, communities, and families who rely on them,” wrote the Senators.
Rep. Nancy Pelosi (D-CA) marked Transgender Visibility Day and César Chávez Day on Easter Sunday, though California state government offices will only observe Chávez Day on Monday, April 1.
Pelosi issued a tweet honoring the late farmworker union organizer and civil rights leader on Sunday, shortly after posting a message of Easter greetings to Christians nationwide. (X's) She then issued a tweet (or “post” on X) in honor of the Transgender Day of Visibility: (X) Chavez was born on March 31, 1927 in Yuma, Arizona. He built his legacy in California, where his family were migrant farm workers, and where he became a labor organizer.
Livermore, Calif. — Most fast food workers in California will be paid at least $20 an hour beginning Monday when a new law is scheduled to kick in giving more financial security to an historically low-paying profession while threatening to raise prices in a state already known for its high cost of living.
Democrats in the state Legislature passed the law last year in part as an acknowledgement that many of the more than 500,000 people who work in fast food restaurants are not teenagers earning some spending money, but adults working to support their families.
That includes immigrants like Ingrid Vilorio, who said she started working at a McDonald’s shortly
Comments:
I didn't even know that CBS, Nickelodeon, MTV, BET, and Comedy Central were still around. It's not all Joe's economy, though. People are tired of crappy entertainment.