Paramount's New Owners to Increase Film Production, Hang on to Cable Networks

Paramount's Ambitious Expansion and Iconic Brands Revival

Paramount's Ambitious Expansion and Iconic Brands Revival In a strategic move, Paramount Global is gearing up to significantly boost its film production capabilities. Following an $8.4 billion merger with Skydance Media, the company plans to hold onto and develop well-known entertainment brands such as Nickelodeon, MTV, and BET. Jeff Shell, President of Paramount Global, emphasized the importance of redefining these brands rather than viewing th…

Paramount's new owners to increase film production, hang on to cable networks

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 lin

Paramount Leadership On Not Spinning Off Cable Networks, Holding Onto BET & Plans For BET+

There are three media companies that own a movie studio and a TV studio, a streamer and a substantial number of cable channels: NBCUniversal, Warner Bros Discovery and Paramount. The first two are both in the process of spinning off the majority — or all — of their ad-supported cable assets into new companies ready […]

Paramount Skydance Says It Won’t Spin Off Cable Networks, But …

Paramount Skydance executives acknowledged the declines in cable but remained upbeat about the programming they have in a session with the press.

David Ellison Confirms BET Networks No Longer for Sale During Media Q&A With Paramount Skydance Leaders

BET Networks is no longer being shopped for a sale to a third-party buyer, Paramount Skydance executives confirmed during a Q&A on Wednesday.

Paramount's New Owners to Increase Film Production, Hang on to Cable Networks