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CBS Corporation is forming a new group that will combine CBS Paramount Domestic Television, King World and CBS Paramount International Television.
The new entity, CBS Television Distribution Group, will handle worldwide production, distribution and media sales, and will be led by former King World CEO Roger King, according to Broadcasting and Cable.
The restructuring is meant to streamline global distribution operations, more closely focus syndicated programming and sales resources, and create a pipeline to serve the syndication marketplace, Leslie Moonves, CBS’s president and chief executive, said in a statement.
CBS Paramount International Television will continue to distribute and market CBS’s network and syndicated programming internationally, writes the AP (via MSN Money).
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