ViacomCBS has made major senior executive changes to its Paramount Pictures and Paramount Television Studios units, with Brian Robbins and David Nevins assuming new responsibilities, respectively.
Robbins, who led Nickelodeon, will be president-CEO of Paramount Pictures, maintaining his Nickelodeon responsibilities. Longtime chairman-CEO of Paramount Pictures Jim Gianopulos will be departing.
Paramount Pictures' biggest theatrical movie this year, “A Quiet Place Part II,” has amassed $160.1 million in U.S. domestic theatrical box-office revenue -- 2021's third-biggest release to date.
David Nevins, chairman-CEO of Showtime Networks, will now be responsible for Paramount Television Studios, part of the premium network Showtime group. Nicole Clemens will continue as president of Paramount Television Studios.
Paramount+ will see some changes, too.
Robbins will also lead movies produced for ViacomCBS’ new premium streaming service, Paramount+. Nevins will continue as Chief Content Officer, scripted originals for the service, with Clemens as president of original scripted series.
In the second quarter of this year, ViacomCBS said Paramount+ added 6.5 million subscribers, now totaling 42 million globally. Since the first of this year, Paramount+ estimated national TV media spend and media value from advertising placed on ViacomCBS networks has been $108.6 million, according to iSpot.tv.
Total ViacomCBS filmed entertainment revenue in 2020 was $2.6 billion, down from $2.99 billion in 2019. Theatrical revenue was at $180 million, down 67% from $547 million in 2019, due to the pandemic-related theater closures.