“Over the past five years, we’ve seen declines in theatrical revenue, DVD revenue, broadcast revenue, and cable revenue. At the same time, costs are escalating, especially as they try to ramp up streaming services,” LMU’s David Offenberg, associate professor of entertainment finance, told TheWrap. “The CEOs of all of these companies need to figure out how to manage these transitions well to preserve morale within the company and preserve shareholder value.”
Source: TheWrap
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