Paramount Extends Brad Grey To 2020 Amid Viacom Efforts To Rebuild Studio

Viacom has extended Brad Grey’s contract as Chairman and CEO of Paramount Pictures into 2020, providing some stability at a time of uncertainty at the entertainment giant. A studio insider tells Deadline the deal was completed months ago, though it just became public today. The renewal comes as Viacom launches efforts to rebuild Paramount, which is expected to account for about 24% of the parent company’s revenues but little of its cash flow.

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Paramount Extends Brad Grey To 2020 Amid Viacom Efforts To Rebuild Studio

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