Paramount Skydance Overhauls CBS Late Night and '60 Minutes' as Advertisers Weigh Spending Under New CEO
By
Brian Steinberg
A five-star bake. Worth schmearing, sharing, saving.
Summary
Paramount Skydance held its first upfront presentation under CEO David Ellison, showcasing programming changes including major overhauls to CBS's late-night lineup (replacing Stephen Colbert's show with a new format) and '60 Minutes.' The article examines whether advertisers will continue to spend given these radical changes to established properties, and explores the broader implications for the advertising market and Paramount's strategy under new leadership.
Key quotes
· 3 pulledDozens of advertising and media buying executives convened in late April at an event space near the west side of New York City, eager to get a look at what Paramount Skydance had to offer in its first 'upfront' market under the control of CEO David Ellison.
Attendees sat at long tables, dined on exquisitely prepared meats and fish, and listened to Ellison and actors from the company's various 'Yellowstone' programs talk about the alliances they might build with Madison Avenue.
When the showcase ended, guests could sample from an array of desserts and hit a well-stocked bar far into the evening.
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