{"id":873956,"date":"2024-11-06T10:38:48","date_gmt":"2024-11-06T05:08:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=873956"},"modified":"2024-11-06T10:38:48","modified_gmt":"2024-11-06T05:08:48","slug":"sony-sues-cbs-blames-job-cuts-at-paramount-global-for-dismal-performance","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/06\/sony-sues-cbs-blames-job-cuts-at-paramount-global-for-dismal-performance\/","title":{"rendered":"Sony sues CBS; blames job cuts at Paramount Global for \u2018dismal performance"},"content":{"rendered":"<p>Sony Pictures Television has filed a lawsuit against CBS Studios, alleging the network has failed to maximise revenues and engaged in self-dealing in its distribution of popular game shows &#8220;Jeopardy!&#8221; and &#8220;Wheel of Fortune.&#8221;<br \/>\nThe lawsuit, filed in Los Angeles Superior Court, claims CBS has made over $1 billion in profit from a 35-year distribution agreement while undervaluing the shows&#8217; licensing fees and advertising potential. Sony argues that CBS&#8217;s recent corporate restructuring and layoffs have severely impacted its ability to properly distribute the programs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sony Pictures Television has filed a lawsuit against CBS Studios, alleging the network has failed to maximise revenues and engaged in self-dealing in its distribution of popular game shows &#8220;Jeopardy!&#8221; and &#8220;Wheel of Fortune.&#8221; The lawsuit, filed in Los Angeles Superior Court, claims CBS has made over $1 billion in profit from a 35-year distribution agreement while undervaluing the shows&#8217; licensing fees and advertising potential. Sony argues that CBS&#8217;s recent corporate restructuring and layoffs have severely impacted its ability to properly distribute the programs.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-873956","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/873956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=873956"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/873956\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=873956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=873956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=873956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}