Matt Thunell Courtesy of Skydance Share on Facebook Share on X Share to Flipboard Send an Email Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Print the Article Post a Comment A year ago, Paramount Television Studios was shuttered in a cost-cutting move as its parent company prepared to merge with Skydance. With that deal on the verge of closing, the new Paramount is reviving the Paramount TV Studios name - which will in turn absorb one of the company's two remaining studio operations as well as the formerly indepdendent Skydance Television. Skydance TV president Matt Thunell is set to lead Paramount TV Studios, reporting to Dana Goldberg, the newly named co-chair of Paramount Pictures (with Josh Greenstein) and chair of Paramount Television. Related Stories Business David Ellison Sets His Team: These Are the People Who Will Run the New Paramount Movies 'The Naked Gun': What the Critics Are Saying Reps for Skydance and Paramount hadn't returned a request for comment as of publication time. The reconstituted Paramount TV Studios will house productions currently under Showtime/MTV Entertainment, the home of prolific creator Taylor Sheridan (the Yellowstone-verse, Landman et al), key Showtime series like the Dexter franchise and Yellowjackets, and Netflix's Emily in Paris, among others. It will also be home to Skydance productions including Prime Video's Reacher and Cross - which were co-productions with the former Paramount TV Studios. Paramount announced in August 2024 that PTVS, then led by Nicole Clemens, would shut down. Its productions - including the aforementioned Reacher and Cross and Apple TV+'s Murderbot - moved to CBS Studios. The shutdown was part of a wave of cost-cutting moves, which included hundreds of layoffs, in the year-plus leading up to the merger, which is set to formally close on Aug. 7. Former Paramount co-CEO Chris McCarthy previously headed Showtime/MTV Entertainment but will not remain with the merged company after the deal closes. Keith Cox, head of scripted at Showtime/MTV Entertainment, is expected to stay on; Cox has a long working relationship with Sheridan and David C. Glasser, the head of 101 Studios which co-produces Sheridan's shows and Showtime's The Agency. Thunell became president of Skydance TV in late 2022 after nearly eight years at Netflix, where he oversaw development and production of series in the U.S. and Canada. Former Paramount co-CEO George Cheeks will have CBS Studios in his portfolio as the merged company's chair of TV media, which also includes the CBS network and the company's cable channels. Deadline first reported the news. THR Newsletters Sign up for THR news straight to your inbox every day Subscribe Sign Up THR, Esq Apple Sues Movie Theater Chain With Same Name As Exhibitor Plans Expansion News Corp The New York Post Goes Hollywood: Plans Launch of California Post Daily Newspaper NBC News Jacob Soboroff Joining MSNBC As Split From NBC News Looms Paramount Global Paramount Streaming Chief Tom Ryan to Exit Amid Skydance Deal Close Podcasts Amazon Breaks Up Wondery Podcast Studio, CEO Jen Sargent Departs Skydance David Ellison Sets His Team: These Are the People Who Will Run the New Paramount THR, Esq Apple Sues Movie Theater Chain With Same Name As Exhibitor Plans Expansion News Corp The New York Post Goes Hollywood: Plans Launch of California Post Daily Newspaper NBC News Jacob Soboroff Joining MSNBC As Split From NBC News Looms Paramount Global Paramount Streaming Chief Tom Ryan to Exit Amid Skydance Deal Close Podcasts Amazon Breaks Up Wondery Podcast Studio, CEO Jen Sargent Departs Skydance David Ellison Sets His Team: These Are the People Who Will Run the New Paramount