{"id":63330,"date":"2025-08-07T11:02:45","date_gmt":"2025-08-07T14:02:45","guid":{"rendered":"https:\/\/ubirataonline.com.br\/david-ellison-offers-first-look-at-plans-for-new-paramount\/"},"modified":"2025-08-07T11:02:45","modified_gmt":"2025-08-07T14:02:45","slug":"david-ellison-offers-first-look-at-plans-for-new-paramount","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/david-ellison-offers-first-look-at-plans-for-new-paramount\/","title":{"rendered":"David Ellison Offers First Look At Plans For New Paramount"},"content":{"rendered":"

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\n\tDavid Ellison<\/a> formally introduced himself to the industry and Wall Street as chairman CEO of the new Paramount in a letter posted as the deal closed<\/a> that outlined where the new team will focus and some of its plans.<\/p>\n

\n\tThe company will operate with three divisions. Studios, Direct-to-Consumer\u00a0and\u00a0TV Media. <\/p>\n

\n\tHe touched on a \u201cthoughtful\u201d use of AI integrated across businesses, on supercharging streaming, spending on premium, exclusive content, focusing on sports and investing in media networks \u201cappropriately based on the future business opportunity.\u201d <\/p>\n

\n\tEllison and other executives on his team will be hosting their first press conference today at Paramount Global\u2019s Times Square headquarters to offer more details.<\/p>\n

\n\tThe merger of Skydance<\/a> Media with Paramount global formally closed this morning after more than a year. Shares of the company will start trading today under the ticker PSKY.<\/p>\n

\n\t\u201cTechnology is not\u2014and never will be\u2014a replacement for human creativity; rather, it serves as a powerful multiplier. From virtual production stages that unleash filmmakers\u2019 limitless imaginations, to AI\u2011assisted localization that brings shows to new language markets overnight, to a proprietary ad\u2011tech stack that maximizes yield across streaming and linear platforms, we will thoughtfully integrate these tools into every aspect of our work,\u201d Ellison wrote.<\/p>\n

\n\tOn the TV Media side, \u201cour challenge is to reinvent our portfolio of brands for a non-linear world.\u00a0We plan to invest appropriately based on the future business opportunity, thereby maximizing cash flow so we can reinvest in our growth businesses.\u201d\u00a0<\/p>\n

\n\tNo area will be \u201cmore pivotal to our future than the evolution of our streaming services, which we will scale into powerful, profitable global platforms. We are committed to increasing investment in premium, exclusive content because we understand that exceptional storytelling is the single biggest driver of subscriber growth and loyalty. In particular, sports serve as a powerful engine for deep audience engagement, ultimately helping to reduce churn and boost ARPU over time.\u201d\u00a0<\/p>\n

\n\tHe said that starting next year, Paramount+ and Pluto TV will operate on a unified technology stack, improving performance and driving significant financial savings. \u201cMost importantly, this integration will elevate the consumer experience across our services\u2014enhancing our recommendation engine, accelerating delivery speed and quality, while also giving us the opportunity to position Pluto TV as the \u2018top of the funnel\u2019 to attract new customers to Paramount+.\u201d<\/p>\n

\n\tFor investors, he said, \u201cOur financial north star is to maximize the long-term value of the company. We will invest appropriately in our businesses given the size of their future opportunities\u2014in some areas this may mean bold moves and increased investments, and in others it will mean scrutinizing spending to maximize margins and cash flow\u2014all with the goal to drive shareholder value. We plan to give a more fulsome update, including our financial outlook, with our Q3 earnings.<\/p>\n

\n\t\u201cWe understand the weight of stewarding an iconic company that touches the lives of hundreds of millions worldwide and plays a vital role in shaping our shared culture. Above all,\u00a0everything\u00a0<\/em>we do will be rooted in trust, guided by facts, and aligned with the core values that define us as a company,\u201d he wrote.<\/p>\n

\n\t\u201cInevitably, challenging decisions and difficult trade-offs lie ahead. We will face them head on, maintaining transparency by openly sharing the rationale behind our choices and how they serve the best interests of our stakeholders.\u201d<\/p>\n<\/div>\n

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David Ellison formally introduced himself to the industry and Wall Street as chairman CEO of the new Paramount in a letter posted as the deal closed that outlined where the new team will focus and some of its plans. The company will operate with three divisions. Studios, Direct-to-Consumer\u00a0and\u00a0TV Media. He touched on a \u201cthoughtful\u201d use […]<\/p>\n","protected":false},"author":1,"featured_media":63331,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow2JLhCw:productID":"","_gspb_post_css":"","maa_idioma":"","maa_pais":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-63330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brasil"],"blocksy_meta":[],"yoast_head":"\nDavid Ellison Offers First Look At Plans For New Paramount - Ubirat\u00e3 Online Not\u00edcias - A realidade ao seu alcance!<\/title>\n<meta name=\"description\" content=\"David Ellison formally introduced himself to the industry and Wall Street as chairman CEO of the new Paramount in a letter posted as the deal closed that\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ubirataonline.com.br\/en\/david-ellison-offers-first-look-at-plans-for-new-paramount\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"David Ellison Offers First Look At Plans For New Paramount\" \/>\n<meta property=\"og:description\" content=\"David Ellison formally introduced himself to the industry and Wall Street as chairman CEO of the new Paramount in a letter posted as the deal closed that\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ubirataonline.com.br\/en\/david-ellison-offers-first-look-at-plans-for-new-paramount\/\" \/>\n<meta property=\"og:site_name\" content=\"Ubirat\u00e3 Online Not\u00edcias - 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