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Story perspectives

Paramount+ Unveils Project Eagle: Short-Form Videos Incoming

1/30/2026

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Story summary
  • David Ellison, CEO of Paramount Skydance, shifts Paramount+ toward short-form video to boost competitiveness.
  • Internal communications reveal plans to integrate user-generated content and a sports multiview feature.
  • The initiative, called Project Eagle, aims to rapidly introduce a million clips into the mobile app.
  • Paramount+ is profitable and lags behind Netflix and Disney in subscribers and engagement.
  • Leadership will adjust priorities based on testing outcomes of these new features.