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The gods of Hollywood never give with both hands. Just ask Paramount who, in one week, delivered a record-shattering Super Bowl and Jon Stewart’s triumphant return. But currently for sale, the debt-laden studio within days was laying off three percent of its workforce — roughly 800 staffers — and Warren Buffett shed a third of his stock in the company. The team weighs in on what appears to be a shortage of interested buyers, why, and what happens next. Also: Elaine Low on how to read the TV tea leaves from her chat with FX chief John Landgraf.
Transcript here.
