Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
Post image 6
Post image 7
Post image 8
Post image 9
Post image 10
Post image 11
Post image 12
Post image 13
1 / 13
0

Paramount Will Keep Licensing Some Content To Third Parties; CEO David Ellison Says Strategy Makes Company “Much More Desirable” To Talent

Deadline·Dade Hayes·28 days ago
#qH88NkZc
Reading 0:00
15s threshold

During Bob Bakish’s years as CEO of Paramount , the company licensed marquee properties like Yellowstone and South Park to third-party buyers in multi-year, eyebrow-raising deals. David Ellison , who took the helm of Paramount after its merger with Skydance last year, told Wall Street analysts Monday that the company will continue to sell rights to select programming “for the foreseeable future.” He emphasized that the company is not taking a “one-size-fits-all” approach, arguing the ability to keep third parties in the mix makes Paramount “much more desirable” to creative talent. Ellison fielded a question on the topic during a 35-minute call with Wall Street analysts to discuss the company’s first-quarter results . In a letter to shareholders released prior to the call, the company touted the performance of Paramount Television Studios and CBS Studios.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More