STUDY: ‘SPONGEBOB’, ‘TRANSFORMERS’ Cost U.S. Taxpayers $4 Billion…VIACOMCBS labyrinthine overseas tax structure…
Dismissed by critics and devoured by fans, “Transformers: Age of Extinction” was the top box office film in 2014, bringing in $1.1 billion, with more than three-quarters of those dollars coming from overseas. ViacomCBS’s Paramount Pictures, which distributed the computer-animated action-fest, saved much of that money by licensing the international rights through a complex strategy … Read more