Paramount Global plans to fully integrate the Paramount+ streaming service with the Showtime premium cable network.
Executives cautioned that the change will lead to both changes in programming and layoffs over the next several weeks.
- The Showtime network and streaming platform will be rebranded as "Paramount+ with Showtime."
- The Showtime scripted drama series "Let the Right One In" and "American Gigolo" were both canceled after a single season.
- As well, the drama series "Three Women" -- based on a 2019 book by Lisa Taddeo -- will no longer air or stream on Showtime after completing production.
- Chris McCarthy will lead the Showtime TV network; Tom Ryan will oversee the streaming business.