ViacomCBS Inc. unveiled a new management team and operating structure for its iconic Paramount Pictures movie and television production unit that Chief Executive Bob Bakish said would better position it for the streaming era.

Among the changes expected as a result of the realignment is a greater push for Paramount to create content exclusively for its Paramount+ streaming service and other ViacomCBS networks and streaming platforms, people familiar with the company’s thinking said.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Squatter leaves after Russia loses bid to stop Australia from evicting its embassy

CANBERRA, Australia — Australia’s highest court on Monday dismissed Russia’s application for…

Serena Williams is most tweeted about female athlete ever, Twitter says

Serena Williams, considered by many to be the greatest women’s tennis player…

There is no constitutional reason to oppose gun laws (no matter what Republicans say)

The first time I chose to swear an oath to preserve, protect…

Iranian woman dies after being arrested by morality police, sparking protests

DUBAI, Sept 16 — A young Iranian woman has died after falling…