Trump, DeSantis, Ramaswamy Unite In Defense Of Jason Aldean And His Controversial Song 'Try That In A Small Town'
Portfolio Pulse from Chris Katje
Country music artist Jason Aldean's controversial song 'Try That In A Small Town' has been taken off the airwaves by CMT, owned by Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA). The song, seen as pro-gun and pro-violence, has sparked controversy, leading to its removal from CMT's rotation. Despite this, the song has garnered nearly six million views on YouTube in six days. Several Republican presidential candidates have voiced their support for Aldean amidst the controversy.
July 20, 2023 | 11:09 pm
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NEGATIVE IMPACT
Paramount Global's decision to remove Jason Aldean's controversial song from CMT's rotation may impact its reputation among country music fans, potentially affecting its stock price.
The decision to remove a popular artist's song from rotation due to controversy could lead to backlash from fans, potentially affecting viewership and, in turn, Paramount Global's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
As a subsidiary of Paramount Global, the controversy surrounding the removal of Jason Aldean's song from CMT's rotation could potentially impact the stock price of PARAA.
The controversy surrounding the removal of a popular song from CMT's rotation could lead to a potential backlash from fans, which may affect viewership and, in turn, the stock price of PARAA.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100