Whether Paramount is a seller of assets or a consolidator of assets, well have to see.
But we remain very open-minded to those possibilities.
The move will save the company at least $700 million annually.
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As it retools, Paramount is having trouble getting traction on Wall Street.
Its shares are lingering near a 52-week low.
It said the move would save it $500 million annually.
The current weak ad market isnt helping.
But Chopra stressed again today that advertising is cyclical and will improve.
