ViacomCBS to restructure Paramount Pictures: WSJ

ViacomCBS Inc is revamping the operations of its Paramount Pictures movie and television production unit under a broader management shake-up, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

The realignment will see Paramount Television expected to focus primarily on making content for its sister cable and streaming networks, the report added.

Paramount Television creates content for media platforms such as Apple Inc’s TV+ platform and Netflix Inc .

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