Earlier quoted context omitted.
You’re missing that they want you to subscribe to Paramount Plus, so they’re going to have all of their content there, where you pay them. They mention it in the press release. Their company IS paramount plus now. It’s all going there.
Oh boy, that's suicide. Instead of cutting their losses, they're doubling down on failure. I can't see this ending well for the rest of their IP.
At the end of the day they’ll all merge into a few streaming services but they cannot afford to sit it out.