Chris McCarthy, Tom Ryan and George Cheeks are all seeing their portfolios expand at Paramount Global after the departure of David Nevins.
The chairman and CEO of Paramount Premium Group and Chief Creative Officer of Paramount+ Scripted Series just announced he will step down at the end of the year.
Paramount CEO Bob Bakish announced how his turf is being divvied up in a memo to staffers (read it below). Showtime Networks are moving into Paramount Media Networks, which is run by McCarthy, while Showtime’s OTT teams will move into Paramount Streaming, reporting to Ryan.
BET will now move under Cheeks’ group, as will Paramount Television Studios, where it will continue to operate as a studio alongside CBS Studios.
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