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Paramount Revamps Ad Strategy, Eyes Digital Ad Battle with Tech Titans
TMDb/David Ellison
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Paramount Skydance defies norms with a dual-leadership ad sales overhaul, challenging Amazon & Google. Jay Askinasi joins as new CRO.

AceShowbiz - In a bold strategic maneuver to challenge the digital advertising dominance of tech giants like Amazon and Google, Paramount Skydance is overhauling its ad sales division. This ambitious push, however, begins with an unconventional leadership transition that defies long-standing industry norms, signaling a new era for the traditional media conglomerate.

Under the leadership of entrepreneur David Ellison, Paramount Skydance last week unveiled an unorthodox new structure for its advertising operations. Breaking from the traditional practice where a predecessor departs before a new sales head arrives, the company is implementing a unique dual-leadership model. Jay Askinasi, a seasoned sales executive formerly with Roku, is set to join Paramount on November 3rd as its new Chief Revenue Officer, taking primary responsibility for ad sales.

Intriguingly, John Halley, who currently leads Paramount’s ad sales efforts, is expected to remain with the company. The exact nature and duration of Halley’s ongoing role remain unclear, creating a *complex* sales situation as two high-profile executives navigate overlapping responsibilities. This departure from conventional wisdom highlights Paramount Skydance's willingness to experiment in its quest for digital ad dollars.

Despite his prestigious new title, sources familiar with the company indicate that Askinasi’s authority will be specifically focused on ad sales, and will not extend to other critical areas of monetization. Cash flows derived from content syndication, or distribution deals with cable and satellite partners and TV affiliates, will remain outside his purview. These vital revenue streams are already overseen by veteran executive Ray Hopkins, who has a long tenure with the conglomerate and its predecessors. This specialized mandate underscores Paramount Skydance’s targeted approach to penetrating the highly competitive digital ad market, even as it manages internal structural complexities on its path to battle the tech titans.

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