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Tom Ryan to Step Down as Paramount Streaming CEO Following Skydance Merger

He will stay on as an advisor to guide Paramount’s streaming unit through its integration under Skydance’s leadership.

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Tom Ryan Departing As President & CEO, Paramount Streaming

Overview

  • Ryan will vacate his post when Paramount’s $8 billion merger with Skydance Media formally closes on August 4.
  • He is set to support incoming direct-to-consumer chair Cindy Holland and the broader streaming leadership in an advisory capacity.
  • Under his leadership, Paramount Streaming generated $2.2 billion in Q2 revenue and $157 million in profit, marking its first profitable half-year in 2025.
  • Since co-founding Pluto TV in 2014, Ryan led its sale to Viacom, launched Paramount+ in 2021 and grew it to 78 million subscribers.
  • He plans to return to entrepreneurship as chairman of Struck Studio, which has backed multiple AI-driven startups.