Paramount has laid out plans to significantly expand its television studios’ output after its acquisition by David Ellison’s Skydance.

The company operates two major television studios – CBS Studios and Paramount TV Studios . After its first financial results since the deal closed, the company said that plans to grow this greatly as well as continuing to sell and produce TV titles for linear and streaming rivals.

“We anticipate a significant expansion of our total television studio output over the coming years, encompassing titles to be distributed both on our own platforms and licensed to third-parties,” David Ellison, Chairman & CEO of Skydance-owned Paramount wrote in a letter to shareholders after the results.

This comes after it recently struck a five-year deal with South Pa

See Full Page