Add Yahoo as a preferred source to see more of our stories on Google. Paramount Skydance's top executives aren't looking to follow moves by NBCUniversal and Warner Bros. Discovery to spin off their company's cable channels into a separate entity.

There are three media companies that own a movie and a TV studio, a streamer and a substantial number of cable channels: NBCUniversal, Warner Discovery and Paramount. The first two are both in the process of spinning off the majority — or all — of ...