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The curious case of Paramount Pictures
The Paramount Pictures logo is displayed in front of Paramount Studios on in Los Angeles, California.
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When you sit down to watch a movie, there’s usually a set of familiar sequences that precede the story you’re there for.
Here’s one: a glowy, snowy mountaintop. Then, a line of stars coming out from behind that mountaintop.And the title “Paramount” runs through the center.
The once-legendary movie studio is for sale. And its CEO, Bob Bakish, got the boot in late April.So, what exactly is happening at Paramount – and what does it say about the health of the industry?
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But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
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