@mklopez dropping a note that the petition to save *Starfleet Academy* will be hitting 30k signatures today, far more than the out of date number the CBR article cites.
It’s hard to know if the article is correct that writing off investments vs amortization over further seasons makes overall sense in the large financial restructuring that Skydance will need to do to absorb both Paramount and WBDiscovery.
It’s surely the case that the conglomerate will have cash flow issues with that level of junk bond load — it’s also critical to reassure investors that they can generate revenue. There’s a real risk that share values will tank at the next earnings call, and April Ad Week is imminent.
So far, the decisions on the broadcast news side have been disastrous for viewership and the related advertising revenue. Killing the intrinsic value of legacy capital to position themselves to get through the approval of the merger, whether IP or trusted broadcast brands, could kill the merger in the financial markets even if it gets FTC approval.
Fans of Starfleet Academy need to make their case to advertisers and to investors not just to Paramount executives.
#StarTrek #StarTrekStarfleetAcademy #StarfleetAcademy #Paramount