Paramount Television Studios Shut Down by Paramount Global

[Bapun]

Paramount Television Studios, a production facility originally aimed at getting Paramount Pictures back into the business of making TV series, will shut down, the latest bout of cost cutting by parent corporation Paramount Global as it seeks to eliminate $500 million amid a chaotic shift in the entertainment industry.

Paramount Television Studios Shut Down by Paramount Global Cost Cuts

Paramount Television Studios, known for series such as "Jack Ryan" and "Time Bandits" is being shuttered under cost cuts by Paramount Global

variety.com

 

[Aiscat]

It was a redundant studio since it usually collabed with CBS Studios. I wouldn't be surprised if CBS Studios rebrands back into CBS-Paramount Prods. or just into Paramount Sts. again.