Jeff Shell - Variety500 - Top 500 Entertainment Business Leaders

Posted by Reinaldo Massengill on Sunday, July 14, 2024

To help Paramount Global to grow, its new owner needs to make cuts. Skydance executives who are set to take over the owner of CBS, Nickelodeon and MTV have identified at least $2 billion in cost cuts that can be made at the company, much of it from its linear media operations, according to Jeff Shell, who is slated to be named president of the new entity. Skydance and Shari Redstone, Paramount's current controlling shareholder, struck a deal Sunday that...

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