CBS Studios has the most clearly defined lane of the three studios as the primary supplier to CBS (as well as home of Star Trek and an opportunistic third-party seller).
So the studio that makes Star Trek will remain under the same leadership it has for the past six years.
What does that mean, exactly? Who the hell knows!
I’m taking this as a positive overall for now.
Beyond the merger, the pressure from the current US administration on the entertainment sector has and will continue to create a great deal of uncertainty. George Cheeks has sufficient time in with the television IP for Star Trek that he’s in a position to be protective while the movie franchise takes wild risks in order to achieve David Ellison’s moonshot level commitment to a high volume of cinematic releases.
On the other hand, no one in Ellison’s circle seems to have a clue that the world is moving rapidly away from US originated content - scripted or unscripted. Asia now produces more and audiences globally are becoming more and more interested in watching shows from across Asia.
Paramount invested heavily in a major South American television studio system but hasn’t brought new Spanish and Portuguese content to North America. It’s locked in a model where it sees non-English content as something just for regional markets rather than something to build a global streamer.
