FILE PHOTO: A Paramount logo is shown on the top of a building in Hollywood before the Paramount Global $8.4 billion merger with Skydance Media is expected to be completed this week, in Los Angeles, California, U.S., August 5, 2025. REUTERS/Mike Blake/File Photo
LOS ANGELES (Reuters) -Paramount Global unveiled plans on Wednesday to retain and develop its stalwart entertainment brands Nickelodeon, MTV, and BET, while sharply increasing feature film production following its $8.4 billion merger with Skydance Media.
"We're thinking about ... the cable networks, not as declining linear assets that we need to spin off or deal with somehow," said President Jeff Shell. "We're thinking of those brands that we have to redefine."
