Paramount Global incoming president Jeff Shell says essentially company will sell content to all vs hoarding for Paramount+.
Broadcast TV is declining much more slowly than cable, says Jeff Shell, incoming president of Paramount SKD. Hear that @AirWharton
"There is going to have to be some form of bundled solution," to streaming says Jeff Shell, incoming president of Paramount Global-SKD. To hard to "sort through the muck" of how streaming is delivered.
Paramount is set to make an announcement regarding leadership changes, with David Ellison becoming chairman and CEO, and Jeff Shell taking operational reins as president. Co-CEOs George Cheeks, Chris McCarthy, and Brian Robbins are thanked for progress in optimizing operations. Paramount plans to continue job cuts until the Skydance deal closes and proceed with asset sales and strategic changes. Incoming president Jeff Shell emphasizes adapting linear TV business and exploring bundled solutions for streaming.