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Over 40 Left Stranded in Deadly Cable Car Accident in Turkey

ISTANBUL (AP) — More than 40 people were buried inside a cable car on a mountain in southern Turkey on Saturday, 19 hours after a pod hit a power pole and exploded, killing one person and injuring seven others. was left behind. The accident occurred around 5:30pm on Friday at the Tunektepe cable car on […]

One killed and seven injured after cable car support collapses in Turkey | Turkey

A pylon supporting a cable car collapses on the outskirts of the Turkish resort city of Antalya, killing one person, injuring seven others and leaving nearly 200 stranded in the air. Antalya Mayor Muhytin Bocek said in a statement late Friday that a helicopter with night vision was deployed to rescue 184 people stranded inside […]

Paramount’s Debt Rating Downgraded to ‘Junk’ as Cable Subscriptions Plunge

Hollywood studio Paramount Global has been downgraded to junk status by S&P. S&P cited a continued decline in cable TV subscribers as the reason for the credit rating change. Paramount, which owns numerous terrestrial TV properties including CBS, Nickelodeon, MTV, BET and Comedy Central, faces similar dire economic forecasts as other legacy studios. American households […]

Woke Content Is Killing Cable and Streaming TV Subscriptions

If you’re looking for an uplifting story, check out this one. Millions of Americans are canceling cable TV, but streaming TV isn’t picking up the slack. “There’s no TV version, no cable, no streaming. no one — We are currently growing our audience in a meaningful way. ” report Far-left Axios. “There aren’t that many […]

Paramount’s Future Looks Grim Amid Perfect Storm of Declining Cable TV, Streaming Woes

The future doesn’t look very good for Paramount Global, the Hollywood giant that owns CBS, Paramount Pictures, Comedy Central, BET, Pluto TV and many other media properties. Paramount Global’s financial outlook took a hit Friday when S&P Global placed Paramount Global on CreditWatch Negative, citing concerns about the company’s cash flow. The report blames “the […]