Read previewParamount's flagship streaming service gets less attention and respect than it deserves — including, perhaps, from its new owners.
Skydance, led by aspiring media mogul David Ellison, publicly unveiled its plan to invest billions into the so-called "New Paramount."
Those lines likely have employees in Paramount's streaming division shaking in their shoes.
It certainly sounds like Skydance is keen on trimming spending on the service or shacking it up with another streaming service like Warner Bros.
Paramount's streamer had the highest share of subscriptions added in the first quarter in the US, according to data from Antenna.
Persons:
—, Skydance, David Ellison, Ellison, Discovery's Max, Max, there's, Puck's Matthew Belloni
Organizations:
Service, Paramount, CBS, Nickelodeon, Business, Warner Bros, Netflix, Amazon Prime
Locations:
Canada, Mexico, Australia, Europe, Latin America, South America