A San Diego native, he earned a masters degree in journalism from USC and a bachelors in English from UC Santa Barbara. You pretty much lived there 24/7, Diaz says. 2021 Viacom International Inc. All Rights Reserved. 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. For sure, figuring out the right formula for scripted programming for the linear cable networks is one of the big challengers McCarthy has to tackle with his expanded channel portfolio. We dont look at it as either/or its more. We wont do anything with those. He figured out a path.. 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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. Lamentamos Chris McCarthy (Viacom) LEVITTOWN, PA A Levittown native is expanding his role in the TV world after being named president of four networks. Ryan Faughnder is a senior editor with the Los Angeles Times Company Town team, which covers the business of entertainment. The table stakes for traditional media amid the streaming transition are extremely high, McCarthy notes. Chris McCarthy is solidifying the management ranks in his rapidly growing Entertainment & Youth Group at ViacomCBS, as Nina L. Diaz and Tanya Giles will both take on responsibilities previously held by departing GM Amy Doyle. If you continue to see this It was like being in a college dorm. As a result of that public pressure, Chappelle, in a video posted early Friday on his Instagram, said he was paid millions of dollars. And Chappelles Show is now returning to Netflix and HBO Max. When you stopped watching it, they called me, Chappelle, 47, said in the clip. He said that the company had licensed Chappelles Show to Netflix and HBO Max without providing him any additional compensation or even informing him about the deal, something he understood to be legal under his contract but which he saw as unethical. The tactic seems to have worked. Here are 10 you cant miss, Review: A reimagined Secret Garden fails to flower anew at the Ahmanson Theatre, Rust production reaches settlement with New Mexico Health and Safety Bureau, Beyond Wednesday and Outer Banks: How Netflix is looking to be the new CW for Gen Z, Former MoviePass executive arrested for allegedly embezzling $260,000 for Coachella party, Alec Baldwin pleads not guilty to involuntary manslaughter charges in Rust shooting case. 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.. 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. Ci So we do start from that position. With a global reach of 4.1 billion cumulative homes in over 180 countries, our globally aligned leadership structure will ensure that our internationally recognized brands and content are ubiquitous across every platform and every market.. As a result of that public pressure, Chappelle, in a video posted early Friday on his Instagram, said he was paid "millions of dollars.". The thing we always learned was that MTV had to blow itself up every seven to 10 years for a new generation. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Variety and the Flying V logos are trademarks of Variety Media, LLC. I quickly realized that I would be lucky if Nina stayed six months. She was smart, no-nonsense and determined. According to Wikipedia, Forbes & Various Online resource, Chris McCarthy's estimated net worth Under Review. What was really great was hearing from the network side: If you want to give us five minutes, well take five minutes. ViacomCBS has restructured its international reporting structure, bringing its global business under the control of a trio of U.S. execs. las molestias. The new approach was evident earlier this year when McCarthys group opted to sell Darren Stars dramedy series Emily in Paris to Netflix rather than have it air on ViacomCBS Paramount Network as planned. Among her earliest jobs was working as an assistant to Steven Weinstock, the veteran unscripted producer, when he was generating news magazine series The Eleventh Hour for New Yorks PBS affiliate WNET-TV. Youll see us use that IP and play those different sides. 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. Bakish has led the problem-solving brigade that he assembled with a get-it-done spirit. But no rebuilding project came close to the challenges at MTV. The following are edited excerpts of the conversation. With the rise of remote working options, some employees have found themselves living double lives, working two (or more) full time jobs at once. Since Im the test dummy for it, I hope I survive the crash, so to speak, and deliver something worthy of the gamble.. Chris McCarthy's estimated Net Worth, Salary, Income, Cars, Lifestyles & much more details has been updated below. Steve Albani, who formerly ran communications at Comedy Central, Paramount and TV Land under former network execs Kent Alterman and Kevin Kay, is exiting after more than two decades and 300-plus episodes of South Park and three Daily Show hosts. 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. We are leveraging our legacy IP but were also launching some new IP. Chris McCarthy is solidifying the management ranks in his rapidly growing Entertainment & Youth Group at ViacomCBS. New unscripted programs have put the spotlight on breezy and beachy fare, starting with Siesta Key and Floribama Shore. In April, McCarthys mission turned a corner with the strong return of Jersey Shore Family Vacation.. And so I talked to Chris about a lot of ambitious ideas, and he bet on them.. We built a model for all platforms. We started to look at, Whats a different subculture of that? One result was Floribama Shore. The ad-supported basic cable channel business these days is a melting ice cube, something that is inevitably going to shrink as ratings dwindle, advertising dollars go elsewhere and cord cutting takes a steady toll on affiliate fees that flow to ViacomCBS bottom line. Try for free at rocketreach.co . Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. And then with the original Jersey Shore, we thought, Lets find a creative hook. It would be a different story, not coming of age. 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. 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. 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 kept doing the jobs that nobody wanted, he explains. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. McCarthy was sold on the idea of an expanded Yellowstone-related franchise after hearing Sheridan explain his ideas, including the one for 1883, which he saw as a grand-scale expansion on the world and themes established by the original series. His appointment came just as Bob Bakish was elevated to acting CEO of Viacom. The watchword under McCarthys regime became fun. The other focus was on embracing the importance of youth culture and the coming-of-age experiences of millennials and post-millennials. 2023 Variety Media, LLC. McCarthy, Robbins and Cheeks will also continue to report to Bob Bakish, President & CEO, ViacomCBS. Get our latest storiesin the feed of your favorite networks. Sign up for THR news straight to your inbox every day, Inside the business of TV with breaking news, expert analysis and showrunner interviews. Si continas viendo este mensaje, 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. Its a different growth model than it was 20 years ago or even five years ago, Bakish says. Today, Diaz is among the highest-ranking Latina executives in entertainment. The neo-western drama, starring Kevin Costner as powerful Montana ranch owner John Dutton, was popular but expensive to produce. In December, Paramount+ will stream the first Yellowstone spinoff, 1883, a prequel starring Sam Elliott and country music stars Tim McGraw and Faith Hill. A teaser image for Mayor of Kingstown, starring Jeremy Renner, center, and Dianne Wiest. Its a different approach, but its one that plays to our strengths. Its been wildly impressive what our teams have been able to accomplish in such a short time, Diaz observes. With MTV, VH1, CMT and Logo GM Amy Doyle stepping down after a 20-year run, McCarthy has promoted several of his longtime staffers to help fill the void as Doyle will remain on board through the transition. Nellie Andreeva contributed to this report. International heads previously just reported into Raffaele Annecchino, President & CEO of ViacomCBS Networks International, who was appointed to the role in December after longtime Viacom exec David Lynn departed. Noah is eager to see ViacomCBS cable side get more aggressive in the streaming arena. Now is our opportunity to grow and play. Shed worked as an assistant and in low-level production jobs on a handful of projects but had never encountered a workplace pulsating with creativity and a spirit of derring-do. Als u dit bericht blijft zien, stuur dan een e-mail They still report into him, but also now report into McCarthy and Robbins, adding a dual reporting element. Bakish figured the entire company had about nine months to show demonstrable growth to Wall Street. 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. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. DEADLINE: MTV blazed the trail in the beginning. McCarthy credits Diaz and her team with turning on a dime last spring to build out COVID compounds in safe zones such as Iceland and Croatia to keep shows running. His track record in turning around the ratings and financial performance of the channel prompted Bakish to have him take on MTV as well in late 2016. Among his first moves after inheriting oversight of Comedy Central was to establish a relationship with Daily Show host Trevor Noah. enviando un correo electrnico a No credit card required. As is the case everywhere in television, most of them have needed revitalizing. But there have been strains in the relationship around the production decisions. Rather than change course, [they] did just the opposite by immediately doubling down on Yellowstone and Taylor.. Diaz, a New York native who grew up in Washington Heights and Harlem, fondly remembers the heady atmosphere she entered at Viacoms Times Square headquarters in 1995. 2023 Variety Media, LLC. While Sheridans work is steeped in classic western drama, his films and shows complicate the traditional good guy-versus-bad guy narratives of the genre. Cable is just the beginning. Many in the close-knit world of unscripted TV producers are dismayed by the decision to take a number of MTV and VH1 shows away from long-standing production entities. There are no specifics but word is that, like with Cheeks, the oversight is content-related and includes programming and marketing. Wir entschuldigen uns fr die Umstnde. Her drive and her creative instincts were so evident during the job interview that he almost didnt hire her. We decided to run into that. There are a lot of people who will tell you all the reasons why something cant happen, Bakish says. ViacomCBS plans to boost its annual streaming content spending to $5 billion by 2024 to hit its target of 65 million to 75 million subscribers. And he has every confidence in McCarthy and Diaz as key drivers of the companys transformation as it bets on free ad-supported streaming through its Pluto TV service and the enhanced Paramount Plus subscription service set to debut early next year. I was glued to it, he says. Salaries posted anonymously by Paramount employees. The first season of 1883, which was launched quickly and with additional costs to prevent COVID-19 outbreaks, was nearly twice as expensive. Get our latest storiesin the feed of your favorite networks. You have to respect the engineer in Bob. As is the case everywhere in television, most of them. Nina and Chris are going to be programming a lot of platforms.. Variety is a part of Penske Media Corporation. George Cheeks, Chris McCarthy and Brian Robbins have all be Once McCarthys group took over Paramount Network, they decided to promote the show, which had an older-skewing audience, on its youth-focused networks, including MTV and VH1. 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. While Paramount+ has a broad array of material, it doesnt have the brand awareness of some of its rivals such as HBO/HBO Max (69.4 million subscribers), Disney+ (116 million) and Netflix (214 million), said Steven Cahall, senior equity analyst at Wells Fargo Securities. Chris McCarthy, who holds degrees from Penn. He believes in franchises, ViacomCBS Chief Executive Bob Bakish said of McCarthy. Aydanos a proteger Glassdoor verificando que eres una persona real. McCarthys Entertainment & Youth Group now consists of oversight of MTV, Comedy Central, Paramount Network, Smithsonian Channel, VH1, Pop, CMT, TV Land, Logo and their respective content studios. All Rights Reserved. Season 3 viewership averaged 6.2 million, up 22% from the second season, culminating in 7.6 million for the finale, according to Nielsen data. Instead of cutting the show, McCarthy came up with a plan to expand Yellowstone and deepen ties with its creator- director, Taylor Sheridan. Although no one at ViacomCBS is ready to say it publicly, the number of channels in the companys portfolio will inevitably shrink in the coming years. They move fast. We want to hear from you! Did the audience skew older because for those viewers you had the nostalgia factor? I think having grown up at MTV, you really learn how to thrive in chaos and complicated times, McCarthy said. The comedian had asked fans to boycott his sketch show from the mid-2000s because of what he described as a raw deal from Comedy Central. On his way up the corporate ladder at Viacom, Chris McCarthy has added oversight of several networks, including MTV, VH1, Logo and CMT. (Podcast), Pres & CEO:Media Networks, Paramount Global. The first thing we did was switch our entire mentality from buy to build, McCarthy said. Like McCarthy, Diaz grew up in the MTV Networks ecosystem at the height of the cable groups profitability and cultural influence. Chris is rather unusual in that he is both a business executive and a creative executive, Bakish says of McCarthy. For the industry, there is no stronger measure of the health of Viacom than the state of MTV. October 24, 2016. The South Park pact, which includes additional seasons of the Comedy Central staple, is valued at $900 million. 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 . These include Channel 5 in the UK, Telefe in Argentina and Network Ten in Australia. It also brings in more southern viewers. The Hollywood Reporter is a part of Penske Media Corporation. The quarter ending in December was the sixth in a row when primetime ratings grew in both the 18-to-34 demo as well as 18-to-49 the longest such streak in 19 years, tied for the companys best streak in 18-49. Get 5 free searches. McCarthy and Robbins have added global oversight for their brand groups MTV Entertainment Group and Nickelodeon. los inconvenientes que esto te pueda causar. Now, as Viacom gets set to report its fiscal first-quarter earnings on Tuesday, the picture is much rosier. para nos informar sobre o problema. She also notes that she feels an obligation to help nurture the BIPOC role models that were lacking when she was working her way up the ranks. Additionally, Jacqueline Parkes will expand her role as chief marketing officer and head of digital studios; and Keyes Hill-Edgar will take on a new role as COO. You thrive in change or you die in change, McCarthy says. Deadline is a part of Penske Media Corporation. And "Chappelle's . As Viacom Inc. and CBS Corp. were recombining in 2019, Chris McCarthy faced a key decision: What to do about "Yellowstone"? (L-R) Chris McCarthy, Brian Robbins and George Cheeks ViacomCBS ViacomCBS has restructured its international reporting structure, bringing its global business under the control of a trio of. It had a similar problem with South Park, which is licensed to HBO Max for streaming. She will take on casting responsibilities previously held by Doyle, as well as lead development and producing for portfolio. McCarthy has zeroed in on unscripted content, successfully rebooting mainstays like Jersey Shore and launching new shows like Ex on the Beach. We have some franchises that were, call it encumbered, in streaming. Bloomberg Surveillance, covering the latest news in finance, economics and investments. 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. You may check previous years net worth, salary & much more from below. But the obstacles the two face are manifest. Chris McCarthy is solidifying the management ranks in his rapidly growing Entertainment & Youth Group at ViacomCBS. . Please help us protect Glassdoor by verifying that you're a 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. 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. Diaz makes no apologies for the recent moves concerning shows. All Rights Reserved. McCARTHY: On Floribama, it was squarely in 18-34. 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. They have kids. McCarthy and Bakish also share similar backgrounds both were trained as engineers who went on to earn MBAs. Location New York, NY, US Work It was my way in.. Regardless of who owns us and where were going, the one thing that matters is hit content and a strong brand. 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. Theyre building their own road map through this, says Judy McGrath, the longtime MTV Networks chief who exited Viacom in 2011. Basic cable was abandoning scripted drama in favor of cheaper reality shows. Since then, so much has changed. Sean Moran. The strategy is risky. 6 (in 18-34) were now No. Whats more, the streaming rights were committed to a rival, Comcast Corp.s Peacock, presenting a problem for ViacomCBS own nascent streaming ambitions. message, contactez-nous l'adresse McCarthy and Nina L. Diaz, president of content and chief creative officer, have among the toughest assignments in media as they seek to reinvent a clutch of ViacomCBS channel brands that once defined cable television but have struggled amid the sea changes in media consumption during the past decade. His shows cost an average of $6 million to $8 million per episode to make, according to people familiar with the series finances. You may occasionally receive promotional content from the Los Angeles Times. It cannot possibly be an easy task to reimagine a network and be forward-thinking about transitioning into being a studio, she says. And weve tapped less than 10% of our IP. Youd walk in one day, and your boss would say, Now youre going to shoot your story. And Id never picked up a camera. The strategy faces a major test Nov. 14 with the premiere of Sheridans new show, Mayor of Kingstown, a Michigan-set drama about the business of incarceration, starring Jeremy Renner, Dianne Wiest and Kyle Chandler. Its not clear whether the moves will lead to any departures. Last week, the company restructured its content leadership team, including appointing Tanya Giles, currently GM of MTV Entertainment Group, as a centralized programming head to oversee content strategy for Paramount+ and Pluto TV globally. 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. Unscripted content, successfully rebooting mainstays like Jersey Shore and launching new shows like Ex on the Beach would... Storiesin the feed of your favorite Networks but its one that plays to our strengths lot of platforms Networks at! Everywhere in television, most of them from below, Chris McCarthy is solidifying the management ranks in his growing... 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