The Future is Cordless: How the Cordless Future will Impact Traditional Television

Sabrina Lewis, Director of Business Affairs, Paramount Television, USA

A cord-cutter is a person who cancels a paid television subscription or landline phone connection for an alternative Internet-based or wireless service. Cord-cutting is the result of competitive new media platforms such as Netflix, Amazon, Hulu, iTunes and YouTube. As new media platforms continue to expand and dominate the industry, more consumers are prepared to cut cords to save money. Online television platforms offer consumers customized content with no annual contract for a fraction of the price. As a result, since 2012, nearly 8 million United States households have cut cords, according to Wall Street research firm MoffettNathanson. One out of seven Americans has cut the cord.

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USA Contract Media November 2017 Vol.11, No. 41, Autumn 2017

Sabrina Lewis

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Sabrina Jo Lewis has been a licensed attorney in the state of California since December 2013. As an undergrad, she majored in Law & Society and received a Bachelor of Arts degree from the University of California at Santa Barbara. She started a career in entertainment in 2007 when she was hired as an assistant to a Vice President in Business Affairs at ABC Studios (owned by the Walt Disney Company). After attending the University of La Verne College of Law, she received a Juris Doctor degree in 2012. Since obtaining her license to practice law in California, she has worked in Business Affairs at Fox21 (owned by Twentieth Century Fox) and Paramount Television.

Paramount Television

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Paramount Television (“PTV”) is an American television studio company that produces and distributes content. PTV, a division of Paramount Pictures Corporation which is Viacom-owned, is a start-up studio that has been led by President, Amy Powell, since 2013. PTV has produced one live event (“Grease: Live” for Fox) and several new media and television series including, “Resident Advisors” (Paramount Digital Entertainment (“PDE”) for Hulu), “Hotwives of Las Vegas” (PDE for Hulu), “Bajillion Dollar Properties” (PDE for Seeso) “Berlin Station” (EPIX), “Shooter” (USA), and “Thirteen Reasons Why” (Netflix). PTV has several upcoming shows in production including “The Alienist” (TNT), “Jack Ryan” (Amazon), “Maniac” (Netflix) and “The Haunting” (Netflix). PTV also has dozens of television projects in development. Over the last 4 years, PTV has rapidly grown as a television studio and, at its current pace, there is no doubt that their team will continue to create compelling content for years to come.

USA Contract Media November 2017 Vol.11, No. 41, Autumn 2017