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Paramount’s Executive Vice President of Data Strategy, Research, Scheduling and Programming, Kim Lemon, confirmed plans to exit Showtime following a 34-year tenure to pursue new endeavors.

Paramount Global is cutting around 25% of its US-based team across Showtime/MTV Entertainment Studios and Paramount Media Networks.

Paramount Global has revealed that the Showtime team will be merging with the one from sister brand MTV Entertainment Studios. Within the combined entity, a new leadership structure has been set.

Showtime announced some development plans for series based upon the hit drama “Billions” and also the production of new content based on the “Dexter” universe.

Paramount is integrating Showtime cable-network programming across both linear and streaming platforms, resulting in a rebranding of the pay TV channel to “Paramount+ With Showtime.”