![]() Basically, that massive programming charge is stems from removing content from platforms, abandoning development, and terminating contracts. With dwindling revenue (-8 percent) thanks to the struggling ad market, some lackluster timing at Paramount Pictures, and a $511 million streaming investment, the company reported an operating loss of $1.23 billion. Paramount recognized a giant $1.674 billion programming charge in the first quarter of 2023, due in large part to its plans to merge Showtime with Paramount+. The franchise director defended the star's outburst, saying that it happened during a very difficult time, though he's "glad people understood the intention behind it." Read McQuarrie's full comments below: That all took place during a very complicated and a very uncertain time. Talking to Entertainment Weekly for their 2023 summer preview, McQuarrie addressed Cruise's famous rant from the set of Mission: Impossible - Dead Reckoning Part One. The highly-publicized rant prompted public reactions from his co-stars and other prominent Hollywood figures. In December 2020, a recording of Cruise's on-set rant leaked online in which he berated crew members for not following proper safety protocols. ![]() ![]() Expected to be the first half of the Mission: Impossible franchise's two-part conclusion, Dead Reckoning Part One was one of the first major Hollywood productions to shoot during the Covid-19 pandemic. Director Christopher McQuarrie defends Tom Cruise's rant on the set of Mission: Impossible - Dead Reckoning Part One. ![]()
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