ViacomCBS to restructure Paramount Pictures – WSJ

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Guests are silhouetted on the Paramount Footage stand through the annual MIPCOM tv programme market in Cannes, France, October 15, 2018. REUTERS/Eric Gaillard

Sept 12 (Reuters) – ViacomCBS Inc is revamping the operations of its Paramount Footage film and tv manufacturing unit below a broader administration shake-up, the Wall Road Journal reported on Sunday, citing individuals aware of the matter.

The realignment will see Paramount Tv anticipated to focus totally on making content material for its sister cable and streaming networks, the added.

Paramount Tv creates content material for media platforms resembling Apple Inc’s TV+ platform and Netflix Inc .

The brand new construction, anticipated to be unveiled on Monday, could have the film and tv arms run as separate entities, the newspaper reported citing sources.

The corporate didn’t instantly reply to a Reuters’ request for a remark.

Nickelodeon chief Brian Robbins will oversee movies whereas David Nevins, a long-time ViacomCBS tv government, will head the Paramount tv unit, the report mentioned.

Reporting by Aishwarya Nair in Bengaluru; Enhancing by Karishma Singh


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