To lead and oversee the company moving forward, Paramount Global has established an Office of the CEO, consisting of three senior company executives: George Cheeks, Chris McCarthy, and Brian Robbins.
Paramount Global's subscription revenue grew 43% to $1.34 billion from $936 million the previous year, driven by subscriber growth and pricing increases for Paramount+.
ViacomCBS announced that the global media company will become Paramount Global, effective February 16, bringing together its portfolio of premium entertainment properties under a new parent company name.
Chopra will be responsible for the company's financial operations, including treasury, tax, accounting, investor relations, information security, and real estate, along with global corporate development and strategy, effective 10 August.