– USA, NY – Paramount Global (NASDAQ: PARA/PARAA) today announced the addition of Dawn Ostroff to its Board as an Independent, Non-Executive Director, to be effective on Monday, May 8, 2023.
“We are thrilled to welcome Dawn to Paramount’s Board at such an exciting moment in our evolution. We believe her leadership, diverse expertise in content strategy, and her long track record of driving transformation will prove invaluable as we seek to continue building on the success of Paramount’s global multiplatform strategy,” said Board Chair, Shari Redstone.
Concurrently, Board members Candace Beinecke and Ronald Nelson will not stand for re-election at the 2023 AGM.
About Dawn Ostroff
Dawn Ostroff is an accomplished media & entertainment executive with extensive experience across content development, multiplatform distribution, and advertising. She most recently served as Chief Content and Advertising Business Officer at Spotify from 2018 to 2023, where she oversaw the company’s music and audio content business and the platform’s global advertising business. Before Spotify, she co-founded Condé Nast Entertainment and served as President of CNE from 2011 to 2018. Before joining CNE, Ms. Ostroff was President of Entertainment for The CW broadcast network and President of United Paramount Network, a former subsidiary of Paramount.
About Paramount
Paramount Global is a leading global media, streaming, and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, Paramount’s portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, and Pluto TV. Paramount holds one of the industry’s most extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution, and advertising solutions.
Source: https://www.paramount.com/
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