Channing Dungey Poised For Expanded Cable Role Post

Key Points:

• Channing Dungey is set to take over oversight of Paramount's cable networks, including MTV, Comedy Central, Nickelodeon, BET, and others, in addition to her current leadership of Warner Bros Discovery’s US Networks cable portfolio.
• George Cheeks will oversee the combined Paramount and Warner Bros Discovery TV studios and linear networks, with Dungey managing day-to-day operations of the cable brands and reporting to Cheeks.
• The restructuring places Paramount’s TV studios, Warner Bros Television, and CBS Studios under Cheeks, film studios under Josh Greenstein and Dana Goldberg, and streaming services under Casey Bloys, streamlining the newly combined company named Skydance.
• Paramount CEO David Ellison reaffirmed confidence in Matt Thunell, who will co-lead alongside Dungey and CBS Studios President David Stapf, focusing on development and production for streaming platforms.
• The combined cable network footprint of Paramount and Warner Bros Discovery raised antitrust concerns, leading to a legal settlement requiring separate negotiations for their cable packages despite the operational integration.