PARAMOUNT APPOINTS JAY ASKINASI AS CHIEF REVENUE OFFICER

Seasoned streaming and digital media executive brings deep expertise most recently as Head of Global Media Revenue & Growth at Roku

LOS ANGELES, CA - OCTOBER 9, 2025 - Paramount, a Skydance Corporation (Nasdaq: PSKY), today announced that Jay Askinasi will join the company as Chief Revenue Officer, effective November 3, 2025, in a newly created role designed to lead the company's monetization strategy and strengthen its long-term positioning as a next-generation media company.

In this role, Askinasi will lead the company's advertising sales team as he steers the evolution of Paramount's revenue organization - partnering closely with product teams, leveraging data-driven insights, cultivating ecosystem partnerships, and driving the shift toward a unified advertising platform. Askinasi will be the latest member of David Ellison's Executive Leadership Team, and his leadership will be instrumental in positioning the company for sustained and accelerated growth.

Askinasi will join Paramount from Roku, where he spearheaded Ad Sales, including the entire go-to-market (GTM) organization, enterprise partnerships, platform monetization, and more. Prior to Roku, he served as CEO of Publicis Media Exchange U.S., overseeing media investment strategy for the world-renowned holding company and its prestigious brands, including monetization of its Epsilon assets. In addition to his role at Publicis, Mr. Askinasi led Agency & Platform Partnerships for AT&T and was President of RUN, a leader in mobile-focused programmatic advertising technology.

Said Jeff Shell, President of Paramount: "We are thrilled to welcome Jay to Paramount as our new Chief Revenue Officer. He brings a unique and highly relevant mix of experience across ad tech, platforms, data, agencies, and startups - all grounded in a deep understanding of the media and converged video landscape. Jay is widely respected for transforming underutilized assets and driving modern, digital-first commercial strategies. His leadership will be key as we accelerate growth and innovation across our business."

Said Jay Askinasi: "This is a pivotal moment of transformation for the industry, and Paramount is clearly positioning itself at the forefront of that change. I'm excited to help shape a next-generation digital monetization engine - one that can stand alongside the biggest tech platforms - while preserving the creative excellence and cultural influence that define Paramount's iconic content."

About Paramount, a Skydance Corporation

Paramount, a Skydance Corporation (Nasdaq: PSKY) is a leading, next-generation global media and entertainment company, comprised of three business segments: Filmed Entertainment, Direct-to-Consumer, and TV Media. The Company's portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS - America's most-watched broadcast network, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance's Animation, Film, Television, Interactive/Games, and Sports divisions. For more information, please visit www.paramount.com.

Media Contacts

Melissa Zukerman
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Laura Watson
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Dan Gagnier
Gagnier Communications
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