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Benzinga
Benzinga
Business
Vandana Singh

FOUND: Streaming shift forces paramount to rethink cable networks future | Mind Blowing Facts

Paramount MTV David Ellison Nasdaq Paramount Skydance PSKY Nickelodeon
Paramount+

Paramount Skydance Corporation (NASDAQ:PSKY) CEO David Ellison is reportedly exploring ways to bring new life to MTV and other legacy cable networks as pay TV declines.

Comcast Corporation (NASDAQ:CMCSA) spun off its cable networks into a new entity, Versant. Similarly, Warner Bros. Discovery Inc. (NASDAQ:WBD) plans to split its studio and streaming operations from its traditional cable assets.

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