>>213554602
Because the people in charge of Paramount+ had more money than sense and were desperate? Streaming was a business where everyone was told that the only way to grow is to spend retarded amounts of money to grow subscriber numbers. Make huge amounts of content, buy exclusive rights, give away subscriptions, pay tv manufacturers to pre-install the app on smart TVs, etc. just get more people on the service and then lock them in and raise prices and start running adverts. But most of that was fueled by cheap credit which dried up years ago and the bubble burst several years ago.