+ Scripted Series, cited the evolution of Showtime’s financial underpinnings as among the highlights of his tenure. Over the past few years, as the streaming revolution in TV has accelerated, Showtime’s business model has shifted from entirely wholesale to MVPDs to a “significant” portion of its total revenue coming direct to consumer.
“I’ve been thinking about it for a while, and at the core of it is, if I’m going to make a change, I want to do it while I’m still in the center of my career,” Nevins told. “There’s a lot of changes going on in the industry that are interesting, and I want to be in a good position to make the next move.”
As he prepares to move on, Nevins emphasized that Showtime is in strong shape with a raft of strong content coming for 2023 and momentum in streaming subscriber growth. “I’m leaving behind a highly profitable business that is in good shape,” he said. As for Showtime’s long-term future as a brand, he would only say, “My hope is that they continue on that road.”
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Source: Variety - 🏆 108. / 63 Read more »