Paramount Prioritizes Big-Screen Releases Over Streaming Platforms Under David Ellison's Leadership

David Ellison's Paramount will focus on producing movies for large-screen experiences, aiming to become a top filmmaking company. The new company's strategy is in contrast to other studios that prioritize streaming platforms. Ellison's Paramount will create films that are best suited for theatrical releases, rather than online streaming. This approach is seen as a bold move in the competitive film industry.

In a bold move that sets it apart from its competitors, Paramount Global, under the leadership of David Ellison, is focusing on producing films tailored for large-screen experiences. This strategy is a departure from the industry trend of prioritizing streaming platforms. Ellison's new management team, which includes Jeff Shell, George Cheeks, and Cindy Holland, has outlined a vision that emphasizes theatrical releases over online streaming.

Ellison, who took control of Paramount Global following its $8.4 billion merger with Skydance Media, has appointed Dana Goldberg and Josh Greenstein to lead Paramount Pictures. Goldberg and Greenstein plan to increase annual film production from eight to 20 movies, with a focus on original films and franchise features. The new slate will include familiar franchises like "Star Trek" and "Transformers," as well as original movies like "High Side," starring Timothée Chalamet.

Paramount's strategy is in contrast to other media companies that are shedding fading cable networks and focusing on streaming services. While companies like Warner Bros Discovery and Comcast are separating their cable businesses from their studios and streaming operations, Ellison is redefining Paramount's cable networks as a crucial part of its streaming strategy. Networks like BET and Nickelodeon are seen as important building blocks for Paramount's streaming strategy.

The new leadership at Paramount Global is also exploring the potential of emerging technologies like artificial intelligence to enhance storytelling. Ellison believes that these technologies can provide a transformative tool for filmmakers, similar to the impact of Pixar's development.

Paramount Global's stock price has seen a significant increase since Ellison and his team took control. Shares of the company jumped 37% on Wednesday, following the merger and the announcement of the new strategy. The company's new focus on theatrical releases is seen as a bold move in the competitive film industry, where streaming services have become dominant.

References:
[1] https://www.reuters.com/business/media-telecom/paramounts-new-owners-increase-film-production-hang-cable-networks-2025-08-14/
[2] https://www.businesstimes.com.sg/lifestyle/paramount-boost-film-releases-top-gun-3-priority