Paramount Pictures has adjusted the moniker of its television production unit in part to avoid confusion in the marketplace with the Paramount Network cable channel. As of today, Paramount Television has been renamed Paramount Television Studios. That lines up from a brand perspective with the existing CBS Television Studios operation, which is much larger than its counterpart. The name change comes on the heels of the closing of the merger of Viacom and CBS Corp. in December.
Viacom boss Bob Bakish has set a target for Paramount Television to become a billion dollar business over the next few years. Bakish claimed that the television production division is set to grow from a $400M in 2018 to a $600M in 2019 and has set plans to almost double this in a “few years.”
Paramount Pictures and former Paramount Television president Amy Powell have reached a settlement to head off litigation in connection with her abrupt firing in July after nearly 15 years with the studio. Powell was dismissed following allegations that she made racially insensitive remarks during a work-related conference call. Powell vehemently denied saying anything inflammatory.
Nicole Clemens has been appointed president of Paramount Television. She will report to Jim Gianopulos, chairman and CEO of Paramount Pictures. She starts Sept. 10. Clemens, most recently manager/producer at Anonymous Content, had been a leading contender for the job, which was vacated in July after the sudden ouster of Amy Powell over alleged racially insensitive comments.
Ousted Paramount TV executive Amy Powell said Thursday that she never made insensitive or inappropriate in a professional setting, accusations which led to her abrupt firing. “The facts will come out and I will be vindicated,” she said.
Battlefield is getting the TV treatment. Paramount Television and Anonymous Content have optioned the rights to the popular video game with the intent to develop a television series.
Paramount Television has named Jessica Rovins its new executive vice president of communications.
After meeting with various TV producers and development executives, Paramount chairman and CEO Brad Grey looked internally for an exec to lead the film studio’s recently launched TV division. Amy Powell will add the position of President of Paramount Television to her current responsibilities as head of Digital Entertainment and Insurge Pictures.