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Tuesday, 24 September 2024

Paramount Global for sale latest - Deadline: Longtime CBS Exec Tina Koyanagi-Rosener & Her 6-Person Team Among Hundreds Cut At Paramount+

Story from Deadline:

Twenty-nine-year veteran Tina Koyanagi-Rosener and six of her fellow colleagues in content strategy for Paramount+ were among the hundreds who were laid off Tuesday as part of Paramount Global’s plan to slash 15% of its U.S. workforce.

Koyanagi-Rosener and her team served as liaisons between Paramount+, the studios and production. Among the series that her team oversaw were the Taylor Sheridan shows, Star Trek universe, SEAL Team and Criminal Minds: Evolution.

Koyanagi-Rosener first joined CBS after following Anita Addison over from Warner Bros. TV to run drama development for Leslie Moonves. Since then, Koyanagi-Rosener worked in daytime and CBS Interactive before moving to Paramount+, where she was joined the content strategy team for scripted originals.

Co-CEOs George Cheeks, Chris McCarthy and Brian Robbins wrote to staff this morning that they were aiming to achieve $500 million in annual cost savings, with layoffs a key component in hitting that target.

Paramount’s advertising division was targeted by a number of cuts last week. Over the course of the year, a number of high-profile execs have left the company and Paramount Television has shut down, with its shows moving to CBS Studios.

“Like the entire media industry, we are working to accelerate streaming profitability while at the same time adjusting to the evolving landscape in our traditional businesses,” the memo from the co-CEOs said. “In order to set Paramount up for continued success, we are taking these actions. Days like today are never easy. It is difficult to say goodbye to valued colleagues, and to those departing, we are incredibly grateful for your countless contributions.”

© 2024 Deadline.