Paramount's new owners to increase film production, hang on to cable networks
Entertainment
LOS ANGELES :Paramount Global unveiled plans on Wednesday to retain and develop its stalwart entertainment brands Nickelodeon, MTV, and BET, while sharply increasing feature film production following its $8.4 billion merger with Skydance Media. "We're thinking about ... the cable networks, not as declining linear assets that we need to spin off or deal with somehow," said President Jeff Shell. "We're thinking of those brands that we have to redefine." Shell joined Chairman and CEO David Ellison
astăzi