Paramount Global is winnowing down its ad-sales staff after the unit was recently restructured by its new leader.
Paramount Global declined to make executives available for comment. Executives who were recently elevated or given new senior roles in ad sales are expected to remain, this persons said. Deadline previously reported on the company’s job cuts.
Other big entertainment companies have cut ad-sales in recent months. Warner Bros. Discovery, which has been looking to cut costs after merging the former Discovery Communications and WarnerMedia, cut staffers in its ad-sales operations. As part of that shakeup, Showtime Networks now falls under Chris McCarthy and his Paramount Media Networks oversight. Showtime’s digital OTT operation is now under Paramount Streaming, under Tom Ryan, while BET and Paramount Television Studios will now report to George Cheeks, the president and CEO of CBS who already oversaw news and sports at Paramount+ as chief content officer.
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