Former Paramount Head David Nevins Named CEO of The North Road Company
thewrap.comafter stepping down as chairman and CEO of Paramount Premium Group and chief creative officer of Paramount+ Scripted Series at the end of last year, David Nevins has been named CEO of The North Road Company.Peter Chernin, who launched the global content studio in July 2022, announced on Thursday that Nevins will, effective immediately, oversee the studio’s expanding portfolio as Chernin continues in his role as executive chairman.
Nevins will work closely with North Road’s executive team including Jenno Topping, Jan Frouman, Chris Coelen, Connor Schell and Darian Singer. “Under any measurement as a creative company, with multiple genres and multiple territories with multiple partners, David is one of the highest-quality executives,” Chernin told TheWrap of the hire. “I’m thrilled that he decided to leave Showtime and Paramount and join up with North Road.”Since launching just under a year ago, North Road has purchased Karga Seven Pictures, a major entertainment studio in Turkey, and took a stake in Peyton Manning’s Omaha Productions.
The studio has also received $150 million from the Qatar Investment Authority (QIA), alongside the prelaunch funding of up to $500 million from Providence Equity Partners and $300 million in debt financing from Apollo.
When asked why he was optimistic that North Road could stand out to distributors from a crowd of well-funded content production studios, Chernin offered two reasons for hope. “I believe I have the best collection of executives and producers that exist in the industry,” he said. “The platforms are going to want to partner with people with a track record of quality and people they trust.
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