Yeah, I think the new Paramount TV Studios is basically the Skydance studio, renamed - the Old Paramount shut down their version of Paramount Television Studios about a year ago.
It’s confirmed but after a second read, I think that’s clear.
Interesting that Skydance Studios television, which was a prestigious brand, will sublimate under the Paramount Television Studios name. It does show a certain commitment to the merger on David Ellison’s part.
Much has (justifiably) been said about the merger, and the path to how we got here, but everyone seems to agree that David Ellison is in the business because he loves movies - the whole company was practically a vanity project, rather than a moneymaking scheme.
However, he has made Skydance profitable unlike another famous billionaire by inheritance who repeatedly went bankrupt.
It seems that his father’s approach is to let his heirs learn to run companies on their own with injections of capital that are staggering for others but just a couple years earnings on the family’s wealth.
ohulancutash@feddit.uk 2 days ago
Yup. Skydance TV merged with Showtime/MTV Entertainment Studios and it’s now Paramount TV Studios.