Paramount Will Keep Licensing Some Content To Third Parties; CEO David Ellison Says Strategy Makes Company “Much More Desirable” To Talent
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By Dade Hayes
Published on May 4, 2026.
Paramount CEO David Ellison has stated that the company will continue to sell rights to select programming rights to third parties for the foreseeable future. Ellison, who took over from Bob Bakish as CEO after Paramount merged with Skydance last year, argued that this strategy makes the company more attractive to creative talent. He emphasized the company's decision not to take a "one-size-fits-all" approach to licensing, stating that it is an incredibly meaningful part of its business and intends to continue. The company's first-quarter results were released in a letter to shareholders, highlighting the performance of Paramount Television Studios and CBS Studios. The studio's 2026 slate includes new series like Ride or Die, Reacher spinoff Neagley for Prime Video, 12 12 12, Brothers and Neuromancer for Apple TV, and Hollywood Arts for Netflix.
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