That isn't how investing works. You much prefer 300 million on 3B because that means that you have 27B left that you can invest in other things. Big, bloated and barely breaking even is investment kryptonite.
No, it's the opposite.
For many different reasons the revenue is one of the most important metrics when valuating a company. If you have two companies that generate 300M in profits, but one makes 3B in revenue aand the otherr makes 30B in revenue, obviously the 30B one is going to have a way bigger valuation. That's assuming the other things are the same (IPs, cash & equivalents, debt, etc).
The reason is that the 30B company is reinvesting 30B per year, while the other is only reinvesting 3B. So in the future the 30B will generate more revenue than the 3B one. And in the 30B is also easier to increase the profits if desired just reinvesting less, or reducing/optimizing some costs, while the 3B has less margin to do so.
Not sure why people think they own Spongebob as well when its a Nikelodean IP
Paramount owns Nicklelodeon, who also owns Spongebob. So Paramount owns Spongebob.
People getting confused w owning publishing movie rights to owning franchise or ip rights.
Yes, having the distribution rights means that company decides where and how is distributed and they get that money made there. But the IP owner can be someone else, like Hasbro in case of Transformers.
If Sony would get the rights of let's say the Transformers movies then they'd decide if put the movies in this or that streaming platform, or if new sequels are played on this or that cinema, or played in this or that tv channel, or if edited in disc or not etc. Depending on the case sometimes there's some company who gets the rights for a specific thing, like only cinema or only tv or only streaming etc. Or get some of them for some specific country or region. In this case, if Netflix would want to get the exclusive streaming -or simply to have it- they'd have to talk with Sony, who would accept or not, or ask more or less money for it.
In most of these cases, Paramount also produces (or coproduces) the movies, so decide how they are. In case of being owned by Sony, the could decide to put there certain singer they want to promote, make product placement of Sony products like a PlayStation, to put some story or designs that could align with some game they plan to make or something like that.
In case of South Park is different, since Paramount subsidiaries also have the rights for the video games.
www.paramount.com
