Paramount Television Studios

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Paramount Television Studios
FormerlyParamount Television (second iteration) (2013–2020)
Company type Division
Industry Television
Predecessors
FoundedMarch 4, 2013;11 years ago (2013-03-04)
DefunctAugust 18, 2024;19 days ago (2024-08-18)
FateShut down; ongoing series and projects in development shifted to CBS Studios
Successor CBS Studios
Headquarters
Hollywood, California
,
U.S.
Area served
Key people
  • Nicole Clemens (president)
  • Ken Basin (EVP and Head of Business Affairs) [1]
  • Debra Bergman (EVP of Production)
  • Cheryl Bosnak (EVP and Head of Current Programming) [2]
  • Jenna Santoianni (EVP and Head of Development)
Products Television programs
Parent Paramount Pictures
Website Official website

Paramount Television Studios, formerly the second iteration of Paramount Television, was the television arm of American film studio Paramount Pictures, a division of Paramount Global, founded on March 4, 2013, by its predecessor, Viacom, following an emerging vigorous business with the technological expansion of television via streaming services. [3] Paramount also recognized that television could give them little to fall back on when films fail, except for studio stage rentals. [4]

Contents

It is the revival and successor to Paramount's original television division, which rebranded as CBS Paramount Television [5] and was kept by CBS Corporation, the new name for the original Viacom, on December 31, 2005 – on that same day, the second Viacom took ownership of Paramount Pictures. After the expiration of a 3-year licensing agreement between the split companies for the "Paramount" trademarks, CBS Paramount Television was rebranded to CBS Television Studios on May 17, 2009 [6] and then currently CBS Studios on October 8, 2020. On January 14, 2020, following the closed merger of the second Viacom and CBS Corporation to form ViacomCBS (which changed name to the current Paramount Global on February 17, 2022), the revived Paramount Television was rebranded as Paramount Television Studios. [7]

On August 13, 2024, following much of its staff being laid off in a series of cutbacks at Paramount Global, it was announced that the division would be shutting down by the end of that week, with any ongoing and development projects shifting to sister company CBS Studios.

History

On March 4, 2013, then-president and then-CEO of Viacom Philippe Dauman announced that Paramount opted to produce a television series based on one of their films. The show would allow Paramount to “get back, with very little investment, into the television production business.” [8] Hours later, Paramount chairman/CEO Brad Grey announced that the studio was co-producing a CBS television series based on Beverly Hills Cop with Sony Pictures Television; however, the pilot did not move forward. [9] [10]

On July 22, 2013, Amy Powell was named president of Paramount Television. [11] Until the re-merger of CBS Corporation and Viacom on December 4, 2019, the revived Paramount Television had no ties to the CBS network unlike the previous incarnation in its later years before the Viacom/CBS split. In addition, shows produced by the revived Paramount Television are distributed on home media by Paramount Home Entertainment under the main Paramount brand, while shows produced by the original Paramount Television are released through CBS Home Entertainment due to CBS Studios owning the pre-2005 Paramount television library.

A television series based on the 2003 film School of Rock was announced to air on Nickelodeon. [12] On August 26, 2014, Paramount and HBO announced plans to develop a new series titled Ashecliffe which will serve as a prequel to the 2010 Paramount film Shutter Island . [13]

On May 27, 2014, Anonymous Content signed a 3-year first-look deal with Paramount Television to produce and distribute scripted programming. [14] On October 23, 2014, Chapter Eleven, the production company of Kyle Killen and Scott Pennington, signed a 2-year deal with Paramount Television and Anonymous Content after Killen left 20th Century Fox Television (now just 20th Television). [15]

On July 14, 2014, Robert Zemeckis, his producing partner Jack Rapke and their production company, Compari Entertainment, signed a 2-year first-look pact with Paramount Television. [16] On January 6, 2017, Paramount Television signed a first-look agreement with Federation Entertainment. [17] On July 19, 2018, Paramount Television fired its president Powell, following reports that several people had "concerns around [Powell's] comments [made in a] professional setting which they believed were inconsistent" with Viacom's and Paramount's values; claims which Powell countered and was considering legal action. [18] On September 5, 2018, she was replaced as Paramount Television president by Nicole Clemens. [19]

Viacom indicated that Paramount Television generated $400 million in revenue and produced 9 series at the end-of-year review in 2018. In 2019, Paramount's chief executive Jim Gianopulos indicated that Paramount Television would have 20 series in production and double its profit. [4] On August 16, 2021, following the rebrand, Auriel Rudnick had signed an overall deal with Paramount Television Studios. [20]

On April 11, 2023, Paramount Television Studios signed a multi-year first-look deal with Brillstein Entertainment Partners. [21]

Sometime in 2024, management of Paramount Television Studios was transferred to CBS Studios. [22] On August 13, following two rounds of layoffs at Paramount Global that year which included much of Paramount Television Studios' team, it was announced that the division would be shut down by the end of that week, with current series as well as those in development shifting to CBS Studios instead. [23] [24]

Productions

Paramount Worldwide Television Licensing & Distribution

Paramount Worldwide Television Licensing & Distribution
Company type Division
Industry
Predecessors
FoundedMarch 4, 2013;11 years ago (2013-03-04)
Defunct2020;4 years ago (2020)
FateMerged with CBS Studios International to form ViacomCBS Global Distribution Group, which later rebranded as Paramount Global Content Distribution
SuccessorsParamount Pictures Distribution (domestic rights)
Paramount Global Content Distribution (international rights)
CBS Media Ventures
Area served
Worldwide
Parent Paramount Pictures

Paramount Worldwide Television Licensing & Distribution was the television distribution arm of Paramount Pictures, a subsidiary of Paramount Global.

It is the successor to Paramount's original syndication arm, Paramount Domestic Television, which was renamed to CBS Paramount Domestic Television on January 17, 2006, and later was merged with King World Productions to form CBS Television Distribution (now CBS Media Ventures) on September 26, 2006. It is also the successor to Paramount's original international distribution arm, Paramount International Television, which was merged with CBS Broadcast International to form CBS Paramount International Television in August 2004, and was later renamed to CBS Studios International on May 20, 2009.

Paramount Pictures returned to television operations on March 4, 2013, forming a new syndication unit in the process. In 2020, Paramount Worldwide Television Licensing & Distribution and CBS Studios International were merged to form ViacomCBS Global Distribution Group (currently known as Paramount Global Content Distribution), while U.S. distribution rights to the unit's content were assumed by Paramount Pictures' distribution department and Trifecta Entertainment & Media for broadcast syndication.

See also

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References

  1. ↑ Yang, Rachel (April 25, 2019). "Paramount TV Ups Ken Basin to Head Business Affairs, Hires Liz Miller as Production SVP". Variety . Retrieved April 27, 2019.
  2. ↑ Low, Elaine (March 11, 2019). "Paramount Television Expands Exec Team, Hires Sonar's Jenna Santoianni, Disney-ABC's Cheryl Bosnak". Variety . Retrieved April 27, 2019.
  3. ↑ James, Meg (July 23, 2013). "Viacom revives Paramount Television studio, eyeing multiple platforms". Los Angeles Times . Retrieved April 27, 2019.
  4. 1 2 Chozick, Amy; Barnes, Brooks (January 17, 2019). "Paramount Was Hollywood's 'Mountain.' Now It's a Molehill". The New York Times . Retrieved April 27, 2019.
  5. ↑ Eggerton, John (January 17, 2006). "CBS Has Its Eye on Paramount". Broadcasting & Cable . Archived from the original on April 27, 2019. Retrieved April 27, 2019. CBS has re-branded its Paramount Television division CBS Paramount Television.
  6. ↑ "If It's Monday, It Must Be CBS TV Studios". TV MoJoe. TV Week. May 17, 2009. Archived from the original on April 5, 2012. Retrieved January 16, 2012.
  7. ↑ Petski, Denise (January 14, 2020). "Paramount Television Gets New Title & Logo". Deadline Hollywood . Penske Media Corporation . Retrieved January 15, 2020.
  8. ↑ Lieberman, David (March 4, 2013). "Paramount To Return To TV Series Production". Deadline Hollywood . Penske Media Corporation . Retrieved March 11, 2013.
  9. ↑ Andreeva, Nellie (March 4, 2013). "Paramount To Co-Produce CBS' 'Beverly Hills Cop.'". Deadline Hollywood . Penske Media Corporation . Retrieved March 11, 2013.
  10. ↑ Atkinson, Katie (July 19, 2013). "'Beverly Hills Cop' TV series fails to find a home -- but it might be a movie instead". Entertainment Weekly . Retrieved November 1, 2013.
  11. ↑ Andreeva, Nellie (July 22, 2013). "Amy Powell Named President Of Paramount Television". Deadline Hollywood . Penske Media Corporation . Retrieved July 25, 2013.
  12. ↑ "Nickelodeon and Paramount Television Team up on New Live-Action, Musical Comedy Series School of Rock". MarketWatch.
  13. ↑ Goldstein, Meredith; Shanahan, Mark (August 26, 2014). "'Shutter Island' might be a TV show". The Boston Globe . Retrieved September 1, 2014.
  14. ↑ Stedman, Alex (May 27, 2014). "Paramount TV, 'True Detective' Producer Anonymous Content Ink First-Look Deal". Variety . Penske Media Corporation . Retrieved April 29, 2019.
  15. ↑ Weinstein, Shelli (October 23, 2014). "Kyle Killen Inks First-Look Pact with Paramount Television". Variety . Retrieved April 29, 2019.
  16. ↑ Stedman, Alex (July 14, 2014). "Robert Zemeckis Inks Two-Year Deal With Paramount Television". Variety . Retrieved April 29, 2019.
  17. ↑ Levy, Dani (January 6, 2017). "Paramount Television Enters Partnership With Federation Entertainment" . Retrieved April 27, 2019.
  18. ↑ Masters, Kim; Goldberg, Leslie (July 19, 2018). "Paramount TV President Amy Powell Fired Over Inappropriate Comments". The Hollywood Reporter . Penske Media Corporation . Retrieved August 21, 2018.
  19. ↑ Andreeva, Nellie (September 5, 2018). "Paramount Television Names Nicole Clemens As President". Deadline Hollywood . Penske Media Corporation . Retrieved April 27, 2019.
  20. ↑ Otterson, Joe (August 16, 2021). "Auriel Rudnick Signs Overall Deal With Paramount Television Studios (EXCLUSIVE)". Variety . Retrieved August 17, 2021.
  21. ↑ Otterson, Joe (April 11, 2023). "Paramount Television Studios, Brillstein Entertainment Partners Set First-Look Deal". Variety.
  22. ↑ US Copyright Office Registration No. TXu002439789 / 2024-07-26
  23. ↑ James, Meg (August 13, 2024). "Paramount shutters television studio, begins major layoffs ahead of Skydance merger". Los Angeles Times. Retrieved August 14, 2024.
  24. ↑ Andreeva, Nellie (August 13, 2024). "Paramount Television Studios Shutting Down Amid Cutbacks". Deadline Hollywood. Retrieved August 13, 2024.
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