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  1. P aramount Television Studios, a key player in Paramount Pictures’ efforts to re-enter the television market, is set to shut down as part of parent company Paramount Global’s latest cost-cutting measures. This decision is part of a broader strategy to reduce expenses by $500 million amid a turbulent period for the entertainment industry.
    www.msn.com/en-us/money/companies/paramount-television-studios-to-close-as-parent-company-implements-500-million-cost-cutting-strategy/ar-AA1oKJ4r
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