CNBC reported that Paramount, now a part of ViacomCBS, is experiencing a downturn in its box office performance. However, it’s unclear what this means for the future of the film industry under new management.
David Ellison, the founder of Pacific Standard and a prominent backer of emerging talent, recently stepped down from his role at Paramount. This change may be related to the studio’s declining box office earnings, which have dropped significantly over the past few years.
Despite attempts by Ellison to revamp the film business model, Paramount’s performance continues to suffer. Analysts are now wondering whether new leadership will bring about a turnaround for the struggling studio.
The impact of this decline is also being felt elsewhere in the entertainment industry, as studios and producers adapt to changing consumer preferences and technological advancements.
Source: https://www.cnbc.com/2026/02/25/paramount-wbd-david-ellison-box-office-history.html