The anonymous source, close to Huahua, says the following in the article:
We have incurred losses for the first months of the current year. These are not trivial losses; they are huge losses.
Viacom needs to explain a better plan for how it spends [our] investment money
This has prompted Viacom (the owner of Parmount) executives to visit China in hope to reassure Huahua.
The article specifically highlights Transformers: The Last Knight as a major factor in the current distress, here is another quote from the article:
The company was particularly incensed that the most recent “Transformers” did not perform better in China. The film made nearly $230 million in the Middle Kingdom, but that was a significant drop-off from the $320 million earned by its predecessor, “Transformers: Age of Extinction,” in 2014.
