Paramount Skydance Hires Roku’s Jay Askinasi as Chief Revenue Officer

David Ellison, CEO of Paramount, recently clarified his role in the company amidst discussions about his father's financial support in major deals, including the $8-billion takeover of Paramount. This insight is significant as it highlights the dynamic between family influence and corporate leadership, especially in high-stakes negotiations like those involving Warner Bros. Discovery.

Paramount has appointed Jay Askinasi, previously the ad sales chief at Roku, as its new Chief Revenue Officer. This move comes as part of a strategic executive reshuffle following Paramount's merger with Skydance. Askinasi's experience in the advertising sector is expected to bolster Paramount's revenue strategies, making this a significant step for the company as it navigates the evolving media landscape.

David Ellison, CEO of Paramount Skydance, recently hinted at a positive outlook for Hollywood amidst potential deals involving Warner Bros. Discovery. While he refrained from commenting on a specific bid, Ellison emphasized that larger entities can still benefit the talent community, suggesting that consolidation might lead to more opportunities rather than fewer. This perspective is significant as it reflects a hopeful vision for the industry, especially in a time of rapid changes and mergers.

David Ellison, the CEO of Paramount Skydance, recently addressed the media at the Bloomberg Screentime conference in Los Angeles, where he refrained from confirming any intentions to bid for Warner Bros. Discovery. However, he did highlight that there are numerous actionable mergers and acquisitions possibilities available. This statement is significant as it indicates the ongoing interest and potential shifts in the entertainment industry, which could reshape the competitive landscape.

David Ellison's bid for Warner Bros is gaining momentum as new contracts for key executives Michael De Luca and Pam Abdy have been finalized. This development is significant as it indicates a strong future for Warner Bros under Ellison's potential leadership, especially after a successful year at the box office. The ongoing changes suggest a strategic shift in the entertainment landscape, which could lead to exciting new projects and collaborations.

Tensions are rising at Paramount as Chief David Ellison publicly supports the Oct. 7 drama 'Red Alert' while pushing back against calls for a boycott of Israel from some in Hollywood. This stance has sparked criticism from a faction of employees who disagree with his position, highlighting the ongoing debate within the industry about political issues and artistic expression. The situation is significant as it reflects broader societal divisions and the challenges companies face in navigating political sentiments.

Lawrence Bender, the executive producer of the miniseries 'Red Alert', reflects on the poignant themes of the show as it coincides with the second anniversary of Hamas' attack on Israel. He emphasizes the importance of seeking truth beyond political divides, highlighting the support he received from industry figures like David Ellison and Cindy Holland. This miniseries not only tells a significant story but also marks a new chapter in Bender's career, showcasing how art can address complex realities.

The Parents Television and Media Council has filed for bankruptcy, marking the end of its 30-year mission to monitor and combat indecency in broadcasting. This organization, once a prominent voice against sex, violence, and profanity on airwaves, is now facing significant financial challenges, with liabilities exceeding its assets. This development is significant as it reflects changing societal norms and the evolving landscape of media consumption, raising questions about the future of content regulation.

King Charles III and Prince William recently made a rare joint public appearance at the Countdown to COP30 event, showcasing their commitment to environmental issues. This engagement not only highlights the royal family's dedication to sustainability but also strengthens the bond between the monarch and his heir, which is significant for the future of the monarchy.

In a recent legal setback, a federal judge has dismissed Drake's defamation lawsuit against Universal Music Group, which he accused of mishandling Kendrick Lamar's controversial diss track 'Not Like Us.' This ruling highlights the complexities of music industry disputes and raises questions about artist rights and the impact of public statements on reputations. For fans and industry insiders, this case serves as a reminder of the challenges artists face when navigating their relationships with record labels.

David Ellison, CEO of Paramount, recently clarified his role in the company amidst discussions about his father's financial support in major deals, including the $8-billion takeover of Paramount. This insight is significant as it highlights the dynamic between family influence and corporate leadership, especially in high-stakes negotiations like those involving Warner Bros. Discovery.

Cam Newton has just announced that he is now a father of nine, celebrating the arrival of his second child with partner Jasmin Brown. This joyful news highlights not only his growing family but also his commitment to fatherhood. As a public figure, Newton's experiences resonate with many, showcasing the joys and challenges of parenting. His openness about family life can inspire others to embrace their own journeys in parenthood.

Haim is gearing up for an exciting show at Inglewood's Kia Forum, and ahead of the performance, Danielle Haim and co-producer Rostam Batmanglij reflect on the creation of their latest album, 'I Quit.' This album marks a significant milestone for the band, showcasing their growth and artistic evolution. Fans are eager to see how these new tracks translate to the live stage, making this event a must-watch.