Paramount Explores Sale of 12 Local TV Stations

Paramount Global, the Hollywood giant, has decided to explore the sale of 12 of its local TV stations. This move is part of a broader strategy aimed at streamlining its business and optimizing its assets in response to the changing media consumption landscape and increasing competition within the digital space. It is expected that the sale process may involve both successful and less profitable stations as the company looks to focus on its core business areas.

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