Tag Archives: Paramount Global

Paramount Global has debuted its first global direct-to-consumer e-commerce website, Paramount Shop, with a range of product offerings across brands.

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David Nevins has decided to step down from Paramount Global, where he has most recently been serving as chairman and CEO of Paramount Premium Group and chief creative officer for Paramount+ scripted series.

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The president and CEO discusses the company’s multiplatform approach, satisfying viewers and advertisers, selling content to third parties, the concept of scale in today’s market and more.

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Pamela Kaufman has been appointed president and CEO of international markets, global consumer products and experiences at Paramount Global, a newly created role that reports directly to Bob Bakish.

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In a move to enter the local-language production space, Paramount has tapped Syrinthia Studer as executive VP of international productions in its global content licensing division.

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Paramount Global has made a number of hires and promotions for its consumer products teams across the global toys, games, emerging media, franchise planning and consumer products marketing divisions.

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Warren Buffett’s Berkshire Hathaway has acquired a stake in Paramount Global after purchasing $2.6 billion in Class B shares.

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Marco Nobili has been tapped to lead Paramount+'s international operations, with Olivier Jollet set to oversee Pluto TV's services outside of the U.S.

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Paramount+ is set to arrive in the U.K. and Ireland on June 22, with South Korea, Italy, Germany, France, Switzerland and Austria also planned for this year and an Indian launch slated for 2023.

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Direct-to-consumer revenues at Paramount Global were up 82 percent in Q1, but overall revenues at the company slipped by 1 percent to $7.3 billion.

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