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Paramount Consolidation of U.S. TV and Streaming Distribution Teams Results in Staff Cuts

Y2kTheNewOldies

Y2kTheNewOldies

variety.com

Paramount Consolidation of U.S. TV and Streaming Distribution Teams Results in Staff Cuts

Paramount Global, ahead of its Skydance merger, is .
variety.com variety.com

Some of this is tied to the Skydance deal coming in 2025.

Paramount Global is undergoing additional restructuring leading up to its expected merger with Skydance Media in 2025.

The media conglomerate is integrating the group that handles distribution for the Paramount+ and Pluto TV streaming services with its U.S. TV networks distribution teams to “create one unified distribution team that is optimized for growth across our portfolio,” Ray Hopkins, president of U.S. networks distribution at Paramount, wrote in a memo to staff Wednesday.

The move will result in a “handful” of layoffs, according to Hopkins’ memo. A Paramount rep declined to provide additional details
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