President, Entertainment & Youth Brands, ViacomCBS Domestic Media Networks, Chris McCarthy was recently named President of Entertainment & Youth Brands,ViacomCBSDomestic Media Networks adding Comedy Central, Paramount Network, Smithsonian Channel and TV Land brands and their respective content studios to his current portfolio of MTV, VH1, CMT and Logo Media. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. There are a lot of people who will tell you all the reasons why something cant happen, Bakish says. 1 deal-making issue for producers, even beyond shrinking budgets and fees, NPact said in a statement issued to Variety. Se continui a visualizzare Chris McCarthy is solidifying the management ranks in his rapidly growing Entertainment & Youth Group at ViacomCBS. Nina and Chris are going to be programming a lot of platforms.. As is the case everywhere in television, most of them have needed revitalizing. And weve tapped less than 10% of our IP. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. I think having grown up at MTV, you really learn how to thrive in chaos and complicated times, McCarthy said. The tactic seems to have worked. In a statement, McCarthy said, After speaking with Dave, I am happy we were able to make things right.. 2023 Deadline Hollywood, LLC. Hours after Sean Atkins announced his departure as president of MTV, Viacom has named his replacement: Chris McCarthy, who already serves as president of two other Viacom . Mona Scott-Young, an executive producer of Love & Hip Hop, says she admires McCarthy for his tenacity and his abilities as a strategic thinker. You always have that hope that an assistant will stay a year or two because it takes so long to train them, says Weinstock, who is now co-head of Endemol Shines Truly Original production banner. His shows cost an average of $6 million to $8 million per episode to make, according to people familiar with the series finances. Theyre building their own road map through this, says Judy McGrath, the longtime MTV Networks chief who exited Viacom in 2011. McCARTHY:Theres a project called Border Life, which is set in the town of Nogales, a town that is half in the U.S. and half in Mexico. They move fast. Diaz and McCarthy both came into the company through the permalance phase of working steadily for Viacom channels even as they had to periodically hustle up new freelance assignments. It is the latest moves at the company since the merger with the coming together still having reverberations across the business. As goes MTV, so goes Viacom. It was like being in a college dorm. She sees it as an effort to keep long-running franchises fresh in addition to contributing to diversity and inclusion goals. All Rights Reserved. Noah, who has been through several management regimes since he took the reins of The Daily Show in September 2015, appreciates the openness that McCarthy showed to his idea to go back on the air on his own schedule. The economy and markets are "under surveillance". She had a look in her that said that this job was just a stop on the road to wherever destiny was taking her., McCarthy has a special affection for MTV because it offered a gay kid in Philadelphia his first glimpse of what it could mean to be out and proud. Carving out that brand value in the mind of the consumer, at a time when theres a lot of competition out there, is their biggest challenge, Cahall said. I think they saw an opportunity to build a bigger world, at the same time people had a lot of time to sort of reassess, and they decided to really double down on Paramount+ and the kind of content I make, Sheridan said. McCarthy credits his success to strong leaders and collaborative teams who embrace a culture of creativity drives everything we do.. DEADLINE: Do you feel like theres still a lot of work to do? Were growing in digital and in our studio. In the new video posted Friday, Chappelle thanked Ted Sarandos, the co-chief executive of Netflix, for having the courage to take my show off its platform at financial detriment to his company, just because I asked him. And he thanked Chris McCarthy, the president of ViacomCBSs MTV Entertainment Group. Last fall, Dave Chappelle asked his fans to boycott his old Comedy Central sketch show, Chappelles Show, in order to put pressure on ViacomCBS to rectify his grievances over a contract he signed as a young comedian, and prominent streaming services agreed to pull the show at his request. But over time, working with various groups, we lowered teenage pregnancy. Much has changed for the executive since he spent that week in Panama City Beach in 2005. ReadVarietysBob Bakish cover story here. 2023 Variety Media, LLC. Prior to MTV, McCarthy led VH1's reinvention in 2015 driving it to record growth. You pretty much lived there 24/7, Diaz says. ViacomCBS CEO Bakish has no doubt that the congloms flagship global brands have growth years ahead of them. On Monday, Viacom announced that four veteran programming executives Showtime's David Nevins, Nickelodeon's Brian Robbins, MTV's Chris McCarthy and Paramount Pictures' Jim Gianopulos are. 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The third is ownership of their companies, McCarthy says. . She was a few years out of Fordham University when she arrived along with producer Cathe Neukum CQ to work on a documentary project about people with HIV. McCarthy has zeroed in on unscripted content, successfully rebooting mainstays like Jersey Shore and launching new shows like Ex on the Beach. om ons te informeren over dit probleem. McCarthy joined Viacom in 2004 as a freelancer and rose up the ranks holding various positions of responsibility from marketing, strategy, operations and development. McCarthy first gained prominence on the TV industry executive radar when he was tapped to take over VH1 in 2015 amid one of Viacoms innumerable executive shake-ups. Chris McCarthy, a 15-year Viacom veteran, has been leading the effort to revive the brand since October 2016, when he added oversight of MTV to his portfolio that already included VH1 and. After leading VH1 and MTV, the Viacom television executive had . las molestias. Known for his successful track record in transforming businesses and creating content that shapes pop culture, McCarthy was named President of MTV in October 2016 and quickly returned it to #1 with young audiences, reaching more people across cable, social, streaming and events than any other brand. Paramount Network and all related titles and logos are trademarks of Viacom International Inc. Chris McCarthy was recently named President of Entertainment & Youth Brands,ViacomCBSDomestic Media Networks adding Comedy Central, Paramount Network, Smithsonian Channel and TV Land brands and their respective content studios to his current portfolio of MTV, VH1, CMT and Logo Media. Past Viacom regimes exacerbated the effects of MTV reaching middle age, focusing more on squeezing cable operators and buying back stock than on revitalizing the programming lineup. The new corporate structure arrives as ViacomCBS continues to shuffle the decks after remerging last year. Mike Greco, executive vp content strategy and business planning, is also leaving. I was lucky enought to grow up at MTV when we had some of the best content creators and culture-makers under our roof. Barbara Zaneri, has also been promoted to Chief Program Acquisitions Officer for ViacomCBS, buying shows globally across linear, streaming and pay. The two were getting to know each other just as the pandemic lockdown began in March, which provided a good foundation for McCarthy and Noah to work out a bold plan for Noah to host a quarantine edition of Daily Show from his home a move that other hosts soon followed. Everything is constantly changing. The Wide Shot brings you news, analysis and insights on everything from streaming wars to production and what it all means for the future. On Jersey Shore, its 30-somethings, and it helped to bring back our audience in different demos. Bakish had faith in McCarthys vision for the fading asset in part because they held the same conviction that MTVs foray into live-action scripted series had been a mistake and a costly one. This was a conversation he was already having with himself, McCarthy said. Nina L. Diaz Courtesy of MTV. original telepics with a focus on providing opportunities for emerging directors, cut ties in June with production banner Big Fish Entertainment. We are in the business of driving massive commercial hits. January 16, 2020 11:00am. But its just a piece an important piece of the ecosystem. We started to look at, Whats a different subculture of that? One result was Floribama Shore. Lamentamos pelo inconveniente. Netflix did not immediately respond to a request for comment. Its one of the centers of the conversation thats happening [about immigration]. David C. Glasser, chief executive of Yellowstone production company 101 Studios, credited McCarthy with doubling down on the series despite the risks. Youll see us do more shows like that. He also credits McCarthy with a keen understanding of why Daily Show clips need to be spread liberally around the internet even before the show airs in its nightly slot. DEADLINE: MTV blazed the trail in the beginning. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. CHRIS McCARTHY: We start from a position of strength. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail They still report into him, but also now report into McCarthy and Robbins, adding a dual reporting element. an. McCarthy, Robbins and Cheeks will also continue to report to Bob Bakish, President & CEO, ViacomCBS. Its a different growth model than it was 20 years ago or even five years ago, Bakish says. McCarthy, who has an MBA from the University of Pennsylvanias Wharton business school, joined Viacom in 2004 as a freelance marketing director for MTVU, a network aimed at college students. That spurred it to hastily find new producers for Big Fish-produced VH1 series such as Black Ink Crew, Cartel Crew and the Miami, New York and Atlanta editions of Love & Hip Hop.. The first thing we did was switch our entire mentality from buy to build, McCarthy said. While Mayor of Kingstown and the upcoming oil-industry drama are not directly related to Yellowstone, Sheridans shows tend to explore similar themes, which are universal but also relevant to specific regions of the country. As Viacom Inc. and CBS Corp. were recombining in 2019, Chris McCarthy faced a key decision: What to do about Yellowstone? Three veteran programming executives, Showtimes David Nevins, Nickelodeons Brian Robbins and MTVs Chris McCarthy, are getting increased turf as part of a management overhaul at ViacomCBS. Meanwhile, Josh Line executive vp marketing and creative at Comedy Central, Paramount Network and TV Land is departing to move to a new corporate job within the larger ViacomCBS fold, details of which will be announced shortly. Chris McCarthy. Get our latest storiesin the feed of your favorite networks. ViacomCBS also cut ties in June with production banner Big Fish Entertainment amid the controversy over the companys handling of a sensitive legal issue involving crime-scene footage collected during the production of Big Fishs now-canceled A&E Network series Live PD. Amid the social unrest over the killing of George Floyd in Minneapolis, ViacomCBS decided it could no longer be in business with Big Fish. Now, Chappelle seems to have forgiven the company. McCARTHY: Shores we launched seven of them around the world. There was music blasting; there were posters all over the walls. As with all traditional TV networks, the uphill climb of reinvention has only gotten steeper in the environment of a global pandemic and the heightened entertainment industry focus on advancing social justice and combating workplace harassment. McCarthy took over MTV in. Chris McCarthy, a 15-year Viacom veteran, has been leading the effort to revive the brand since October 2016, when he added oversight of MTV to his portfolio that already included VH1 and Logo. Get Chris McCarthy's email address (c*****@f1.com) and phone number at RocketReach. Wall Street continues to believe whether its through a merger with CBS which is controlled by your controlling shareholder, National Amusements or another company, Viacom will have to get bigger in order to survive. Our model gets smarter over time as more people share salaries on Glassdoor. The trick is to use all of our content assets to supply all those platforms with compelling new offerings and library franchises that people know. We decided to run into that. Its not clear whether the moves will lead to any departures. But some aspects of his life, his work and his wallet have remained consistent. By his own admission, McCarthy often spends his downtime thinking about what I do, partly because I love it so much.. Known for his successful track record in transforming businesses and creating content that shapes pop culture, McCarthy was named President of MTV in October 2016 and quickly returned it to #1 with young audiences, reaching more people across cable, social, streaming and events than any other brand. The South Park pact, which includes additional seasons of the Comedy Central staple, is valued at $900 million. Comedy Central, meanwhile, is significantly upping its investment in animated series in the hopes of finding a next-generation South Park.. President, BET Networks. Chris McCarthy was recently named President of Entertainment & Youth Brands, ViacomCBS Domestic Media Networks - adding Comedy Central, Paramount Network, Smithsonian Channel and TV Land brands and their respective content studios to his current portfolio of MTV, VH1, CMT and Logo Media.Known for his successful track record in transforming businesses and creating content that shapes pop culture, McCarthy was named President of MTV in October 2016 and quickly returned it to #1 with young audiences, reaching more people across cable, social, streaming and events than any other brand. DEADLINE: Whats a good example of that approach? The demographics also overlapped with CBS NFL audience. You will be redirected back to your article in, (L-R) Chris McCarthy, Brian Robbins and George Cheeks. Scott M. Mills. Lamentamos Like McCarthy, Diaz grew up in the MTV Networks ecosystem at the height of the cable groups profitability and cultural influence. Those often include the gentrification of the American West and the failure of institutions, whether its the oil industry, local government or the penal system. McCarthy, 45, president of ViacomCBS MTV Entertainment Studios unit (previously known as Entertainment & Youth Group), landed the freelance assignment to help market the MTVU credit card because nobody else at MTV wanted it. Ryan Faughnder is a senior editor with the Los Angeles Times Company Town team, which covers the business of entertainment. I really feel like I want to represent for people coming into the industry that anything is possible, she says. Having our content on other platforms outside of our group, we will really be able to bring out the kind of things that MTV was known for telling the stories of young adult life that resonated with all of us, whether you were a teen or a grown-up, she says. Deadline is a part of Penske Media Corporation. He rose through the ranks to become president of VH1 and Logo TV in 2016, shortly before also taking over MTV, where he was tasked with turning around the struggling brands. We think of it as three phases. Plus, the series reaches demos that were underserved by prestigious dramas that are popular in Los Angeles and New York. At any given time, McCarthys group has more than 65 series in active production. When McCarthy took over in late 2016 (just before Bob Bakish succeeded Philippe Dauman as CEO), MTV was practically an also-ran in the ratings. Today, Diaz is among the highest-ranking Latina executives in entertainment. Finally, as part of this transition, two senior executives will be departing the organization and I would like to take this opportunity to thank them for their many contributions to our teams and brands: Thankyou as always,foryourhard work, support and continued focus during this transition. #madmoney #viacom $viab Liked by Chris McCarthy Join now to see all activity Experience President and CEO. ViacomCBS has restructured its international reporting structure, bringing its global business under the control of a trio of U.S. execs. Nina L. Diaz, who was president of entertainment for Viacoms Music Group (MTV, VH1, CMT and Logo), has been elevated to president of content and chief creative officer. I hope they see the value of the partnership that has been long-standing and that this can aid in the success of what theyre trying to build.. We hit a cultural nerve. (Emerson Miller / MTV Entertainment Studios), Do Not Sell or Share My Personal Information, the Viacom television executive had recently added, ChatGPT who? And "Chappelle's . Its that combination. Chris McCarthy was recently named President of Entertainment & Youth Brands, ViacomCBS Domestic Media Networks - adding Comedy Central, Paramount Network, Smithsonian Channel and TV Land brands and their respective content studios to his current portfolio of MTV, VH1, CMT and Logo Media. Chris McCarthy, Paramount Global: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Surveillance Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live. DEADLINE: How much of a distraction has the larger M&A speculation been? On Wall Street and among ViacomCBS industry peers, there is skepticism that ViacomCBS can navigate the streaming wars as a content supplier to in-house platforms as well as outside partners. For the foreseeable future, the challenges ahead will include keeping productions up and running around the world in the face of the COVID-19 threat. McCarthys unit encompasses MTV, VH1, Comedy Central, Paramount Network, TV Land, CMT, Pop TV, Logo and Smithsonian Channel. McCarthy was handed the largest channel portfolio in the company after the second round of the Viacom and CBS merger was completed between media conglomerates controlled by Shari Redstone, who. We didnt build a model for cable. Why? Chris McCarthy is promoting a pair of his top lieutenants in his rapidly expanding Entertainment & Youth Group at ViacomCBS . Chris McCarthy's estimated Net Worth, Salary, Income, Cars, Lifestyles & much more details has been updated below. On his way up the corporate ladder at Viacom, Chris McCarthy has added oversight of several networks, including MTV, VH1, Logo and CMT. Si vous continuez voir ce These include Channel 5 in the UK, Telefe in Argentina and Network Ten in Australia. Endeavor Is Well-Positioned For A Potential Writers Strike, CEO Ari Emanuel Says, Dish Network Confirms Cyber Security Incident, With Personal Data Possibly Stolen; Stock Falls To 14-Year Low, UTA Launches Fashion Division, Extending Push To Diversify Its Business. "McCarthy joined Viacom in 2004 as a freelancer and rose up the ranks holding various positions of responsibility from marketing, strategy, operations and development.The recipient of multiple Emmy Awards and a Peabody Award, McCarthy earned an M.B.A. from The Wharton School of Business at the University of Pennsylvania and a Bachelor of Science with Honors in Commerce and Engineering from Drexel University. In four months, he said, he turned in a slew of scripts for the overall deal he signed with ViacomCBS in 2020. So we do start from that position. Amid this fast rise, McCarthy has plotted a course that fundamentally shifts the prime focus of the company away from running a suite of linear cable channels to using the division as a giant studio that generates programming for the linear channels and a host of other platforms inside and outside ViacomCBS. Viacom's President and CEO, Viacom Inc is Robert Bakish. Its surprisingly mostly legal, and some will argue they have found the benefits far outweigh the risk. How much do Viacom 18 employees make? los inconvenientes que esto te pueda causar. McCarthy recognized that the show would perform much better in a binge-watch streaming environment than it would as a weekly series on linear TV. McCarthy asserts that the effort by ViacomCBS to add BIPOC production companies is a natural progression for the firm that has been a trailblazer in shining TV lights on underrepresented communities. And I got my name back, and I got my license back, and I got my show back, and they paid me millions of dollars. Weve been making the show for nine months. Wenn Chris McCarthy is solidifying the management ranks in his rapidly growing Entertainment & Youth Group at ViacomCBS. EXCLUSIVE. McCarthy and Diaz are well-equipped to reengineer the MTV universe because they were both schooled in the best of its culture at the end of its previous heyday two decades ago. (Cam McLeod / Paramount Network/MTV Entertainment Studios), ViacomCBS executive Chris McCarthy, at the Press Lounge in Manhattan, is shepherding a programming strategy for Paramount+ based on the expanded universe of the show Yellowstone.. 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