The drumbeat of departures fromParamount Globalis continuing, with high-levelstreamingexecJeff Shultzheading for the exits.
It went on to become a billion-dollar revenue generator after the merger of Viacom and CBS.
Networks Distribution at Paramount.
Paramount, is adding Shultzs duties to his portfolio.
Today, after announcing our first globally profitable quarter, there is no denying Paramount Streaming is a success.
The year of the acquisition Pluto TV would generate about $70 million in revenue.
Just three years later Pluto TV was a billion dollar business.
The following year we launched Paramount+ to create the Paramount Streaming division.
He continued, Those who know me well know this was never just a job.
I will see you soon.
