Paramount Television Studios
|Predecessors||Paramount Television (original)|
|Founded||March 4, 2013|
|Parent||Paramount Pictures (ViacomCBS)|
Paramount Television Studios, formerly known as the current incarnation of Paramount Television, is an American television production and distribution company, that is a division of Paramount Pictures, a subsidiary of ViacomCBS.
It is the successor to the original Paramount Television, as it was transferred to CBS Corporation during its split from Viacom, which retained Paramount Pictures and its motion picture division in 2005. After the spin-off in January 2006, the division was renamed as CBS Paramount Television, and then CBS Television Studios in May 2009, after the three-year agreement for licensing the Paramount trademarks expired.
In March 2013, Paramount returned to television production based on the technological expansion of TV via streaming services, making it a vigorous business and Hollywood's growth engine. There is also recognition that severing the TV operation from Paramount had given them little to fall back on when films fail, except for studio stage rentals.
On March 4, 2013, Viacom president/CEO Philippe Dauman announced that Paramount opted to produce a television series based on one of their films. The show would allow Paramount to “get back, with very little investment, into the television production business.” Hours later, Paramount chairman/CEO Brad Grey announced that the studio was co-producing a CBS TV series based on Beverly Hills Cop with Sony Pictures Television; however, the pilot did not move forward.
On July 22, 2013, it was announced that Amy Powell was made president of Paramount Television. Until the re-merger of CBS Corporation and Viacom in 2019, the current Paramount Television had no ties to the CBS network, unlike the previous incarnation in its later years after the Viacom/CBS split.
A TV series based on the film School of Rock was announced to air on Nickelodeon. As of August 2014, Paramount and HBO are planning a new series titled Ashecliffe, which will serve as a prequel to the 2010 Paramount film Shutter Island.
In May 2014, Paramount Television and Anonymous Content signed a three-year first-look deal to produce and distribute scripted programming developed by Anonymous Content. In October 2014, Kyle Killen and Scott Pennington's company Chapter Eleven signed a two-year deal with Paramount Television and Anonymous Content after leaving 20th Century Fox Television.
In January 2017, Paramount Television would sign a first-look agreement with Federation Entertainment.
In July 2018, Powell was fired from her position of president, following reports that several people had "concerns around [Powell's] comments [made in a] professional setting, which they believed were inconsistent" with Viacom's and Paramount's values. Powell countered the claims that she had made such insensitive comments and said she was considering legal action. In September 2018, Nicole Clemens became the new president of Paramount Television.
Viacom indicated that Paramount Television generated $400 million in 2018 revenue and produced nine series at the year end. In 2019, Paramount's chief executive Jim Gianopulos indicated that Paramount Television would have 20 series in production and double its profit.
- Desilu Productions
- CBS Studios, Paramount TV Studios’ corporate sibling
- CBS Paramount Domestic Television
- List of Paramount Pictures executives
- Paramount Television
- Paramount Domestic Television
- Viacom Productions
- Paramount Pictures
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- "Nickelodeon and Paramount Television Team up on New Live-Action, Musical Comedy Series School of Rock". MarketWatch.
- Goldstein, Meredith; Shanahan, Mark (August 26, 2014). "'Shutter Island' might be a TV show". The Boston Globe. Retrieved August 25, 2014.
- Stedman, Alex (May 27, 2014). "Paramount TV, 'True Detective' Producer Anonymous Content Ink First-Look Deal". Variety. Retrieved April 29, 2019.
- Weinstein, Shelli (October 23, 2014). "Kyle Killen Inks First-Look Pact with Paramount Television". Variety. Retrieved April 29, 2019.
- Stedman, Alex (July 14, 2014). "Robert Zemeckis Inks Two-Year Deal With Paramount Television". Variety. Retrieved April 29, 2019.
- Levy, Dani (January 6, 2017). "Paramount Television Enters Partnership With Federation Entertainment". Variety. Retrieved April 27, 2019.
- Masters, Kim; Goldberg, Leslie (July 19, 2018). "Paramount TV President Amy Powell Fired Over Inappropriate Comments". The Hollywood Reporter. Retrieved August 21, 2018.
- Andreeva, Nellie (September 5, 2018). "Paramount Television Names Nicole Clemens As President".