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Hard Economic Times for MTV & Paramount

Posted by: Jonathan M, 15:08 AEDT, Sat February 14, 2009

MTV & Paramount have both seen about a 70% loss in profits due to lack of DVD sales and decline in

MTV & Paramount have both seen about a 70% loss in profits due to lack of DVD sales and decline in advertising. Viacom says the current profit results are a direct reflection of todays economic situation.

Paramount is hoping 2009 will change their financial situation with the release of Star Trek, Transformers 2, and the GI Joe movie.

Comments:

Paramount, DreamWorks, go HD DVD only!

posted by: Sean F, 22:45 AEST, Tue August 21, 2007

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