Tang will spearhead content management for Fox’s U.K.-based production entities while sourcing third-party programming to bolster global slate across scripted and unscripted formats.
The reality slate and future reality commissions will move across to Katie Rawcliffe, who becomes Director of Entertainment, Reality and Daytime from September.
Platform revenue reached $975 million, streaming hours hit 35.4 billion, and gross profit rose 17% year-over-year; company announces $400 million stock repurchase plan as it lifts full-year guidance.
Over 30% of subscriptions are now purchased via third parties and 77% of subscription leaders are prioritizing indirect acquisition this year to combat rising direct costs.
As the FCC clears the acquisition, Skydance pledges political viewpoint diversity, eliminates DEI policies, and commits to bias oversight. Paramount co-CEO Chris McCarthy to exit following merger finalization.