News  /  September 13, 2021  /  

Nick Soltman Comments on Paramount Leadership Transition for TheWrap

Nick Soltman was recently asked by TheWrap to provide an analysis of what Jim Gianopulos’ exit as CEO of Paramount could mean for the Hollywood studio’s future in either the digital space or the ongoing consolidation of the entertainment industry. According to Nick, the shake-up could be related to rumors about whether Paramount is, “going to be acquired, or be an acquiring party.”

In the article, Nick also offers his opinion on Paramount+ entering the competitive streaming service market: “They got such a late start, and there is a general consensus that there won’t be seven services in five years… I feel pretty comfortable that Disney+ is going there, and Netflix, and HBO Max and Warner Bros. Discovery. But after that, I’m not so sure.”

The full article can be found here (subscription required).