The streaming landscape has had its fair share of ups and downs in the last year.
via: Deadline
The list includes the Blue’s Clues revival Blue’s Clues & You! (2019), Are You Afraid of the Dark? (2019-2022), It’s Pony (2020-2022), Middlemost Post (2021-2022), Ollie’s Pack (2020), Ryan’s Mystery Playdate (2019-2023), Santiago of the Seas (2020), That Girl Lay Lay (2021-2024) as well as the made-for-Paramount+ Big Nate (2022) and Rugrats (2021), a reboot of the popular original series, which ran from 1991 to 2004..
This is said to be part of content removal addressed in the most recent Q4 earnings call on February 28. Targeting Nick titles is a little surprising as, according to parent Paramount Global, the network’s Kids & Family content consistently ranks among the most watched and re-watched programming on Paramount+.
“In connection with our continued review of our international content strategy, during the first quarter of 2024 we made a strategic decision to focus on content with mass global appeal,” the company said in its 10-K filing. “As part of this, we are rationalizing original content on Paramount+, especially internationally, and improving the efficiency of our linear network programming. As a result, we have reviewed our expansive global content portfolio and are removing select content from our platforms.”
Paramount expects “to recognize additional programming charges that we currently expect to be in the range of approximately $700 million to $900 million during the first quarter of 2024.”
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