Is Physical Media in Trouble After Paramount's Layoffs?

Paramount recently laid off 15% of their workforce as a result of the upcoming Skydance merger, and the home entertainment and physical media teams took a big hit. But is it all bad? Some reports have said licensing is also frozen, but that’s not what I’m hearing. I’m a bit more optimistic and hopeful for the future once this merger cools down. To those affected - I hope you all land on your feet. This entire industry is in a bad place right now and I hope it improves before others lose their jobs too. Profits over people - typical America… Join my email list: https://bit.ly/JeffEmails Get a FREE $15 credit to buy movies on Whatnot with my link: https://www.whatnot.com/invite/jeffrauseo Shop my merch store: https://houseof1000movies.etsy.com Follow me on social media! Instagram: http://www.instagram.com/jeffrauseo TikTok: https://www.tiktok.com/@jeffrauseo Twitter: https://www.Twitter.com/JeffRauseo Facebook: https://www.facebook.com/jrauseo Follow my podcast: Apple: https://apple.co/3z0o6F4 Spotify: https://spoti.fi/4by5sma YouTube: https://bit.ly/1000MoviesYouTube Everywhere Else: https://bit.ly/HouseOf1000Movies Get 5% off custom media shelving by clicking here: https://www.modernshelving.com/discount/JEFF01026 Become a member for just $2/month and support my channel: https://www.youtube.com/channel/UCroHvqRakNmvz7X7O95R41w/join Buy me a movie from my Amazon Wishlist: https://www.amazon.com/hz/wishlist/ls/7XD05BVTJM3N?ref_=wl_share Sign-up for Vinegar Syndrome Rewards and get a $5 off coupon: http://rwrd.io/hf3p3xh?s Sign-up for Horror Pack and get $3 off with code FILMSATHOME: http://bit.ly/HorrorPackFAH Find great deals on 4K and Blu-ray with free shipping on every order at GRUV.com: http://bit.ly/GRUV_Deals Get 15% off at Umbrella Entertainment with code FILMSATHOME15: https://shop.umbrellaent.com.au/ Cut the cord and sign up for fuboTV, my personal cable-alternative! Click here for 15% off your first month: https://bit.ly/FuboFilmsAtHome My Home Theater: Blu-ray shelves: https://www.modernshelving.com/discount/JEFF01026 AV Receiver: https://amzn.to/3VWs4oU 4K TV: https://amzn.to/3gAp3uq Speakers: https://bit.ly/SVSSpeakersFAH Subwoofer: https://bit.ly/SVSSubwoofersFAH 4K Player: http://bit.ly/FAH4KPlayer Home Theater Seating: http://bit.ly/HomeTheaterSeats Sign-up For A FREE Amazon Prime Trial: https://amzn.to/2Gm7Uzu **As stated in the video, I will earn a small commission from any purchases made through my affiliate links.** #paramount #physicalmedia #movies