Jeff Shell as Paramount president may have runway to make bold changes

From CNBC: 2024-10-11 06:30:01

Jeff Shell, former CEO of NBCUniversal, is positioned to lead Paramount Global as president once its merger with Skydance Media is finalized in 2025. Known for bold ideas at NBC, Shell may cut costs and shift resources towards streaming at Paramount, which owns CBS and Paramount+ among other assets. He previously considered giving up the 10 p.m. hour on CBS to boost revenue and has reportedly been considering a new content windowing strategy to maximize value. Shell’s experience at NBCUniversal, coupled with the creativity of Skydance CEO David Ellison, is seen as a potentially dynamic leadership combination for Paramount’s future.



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