David Ellison's Rise and Strategic Moves at Paramount

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Source: Variety
TL;DR Summary

David Ellison has taken over Paramount with plans to cut $2 billion in costs, revamp its leadership, and focus on technology to revive the studio amid industry decline and challenges in streaming and traditional media. He aims to modernize operations, attract top talent, and leverage tech partnerships, but faces obstacles including industry shifts and internal resistance.

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