It has been announced that the premium tier of Paramount+ and Showtime will be merging and rebranding later this year.
The merged service will be called Paramount+ with Showtime. Reportedly, Tom Ryan will oversee the streaming business while Chris McCarthy will lead the Showtime studio and linear channel.
“While we are confident this is the right move for our company, our consumers, and our partners, we know this change brings uncertainty for the teams working on these brands and businesses,” Paramount CEO Bob Bakish wrote in a staff memo on Monday . “We are committed to being as transparent and thoughtful as possible throughout this process, and we expect to share additional details in the coming weeks.”that Showtime will not be proceeding with the Shailene Woodley-led series.
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