Forum - Paramount Pictures Declare Transformers: Bumblebee Is Solidly Profitable
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Post 153483       January 10 '19 at 09:41 PM
By Silver Optimus from TFW2005:
<img width="600" height="401" src="http://news.tfw2005.com/wp-content/uploads/sites/10/2019/01/Paramount-Pictures-Transformers-Bumblebee-Jim-Gianopulos-Viacom-Bob-Bakish.jpg" alt="" />

Congratulating Jim Gianopulos for the 2018 turnaround success of the movie studio, Viacom (parent company of Paramount Pictures) CEO Bob Bakish stated that Transformers: Bumblebee is ‘solidly profitable’. This was most noticeable as Viacom admitted that Transformers: The Last Knight acquired a $100 million loss for the company back in 2017 and created a domino effect which could have sent Paramount to a doomed state had it not been for their new CEO’s timely action. “Bakish congratulated Paramount for a successful turnaround, using the latest in the Transformersfranchise as an example: Bumblebee, he said, is “solidly profitable” while its predecessor in the summer » Continue Reading.

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