With its stock trading at lofty levels, arrangements like Netflix's licensing deal for originals in China will help it create valuable new revenue streams.
Jim Gianopulos will start his role as CEO of Paramount Pictures on April 3
The industry has relied on a business model where consumers have to pay for many channels they don't care to watch. Many are now choosing to pay for none.
The new YouTube TV service will offer 40 channels for $35 per month.