Paramount Loses $450M

So Deutsche Bank was bankrolling a number of projects at Paramount including Benjamin Button, TF2 and Tropic of Thunder. They shut their film fund down ($450 M), so now there is temporarily no one to foot the bill for these 30-odd films they were writing checks for. Paramount was operating on borrowed cash, now they're out, but not done. They will have to either:

a) find another bank (shouldn't be too hard when you're the only studio in town actually making money)

b) go to dad (Viacom) for more money.

It probably sounds more dire than it is, but that is a serious hit not just to Paramount, but everyone -- it's a bad sign when a bank of Deutsche caliber starts tightening it's vice grib on the wallet.

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