To that end, Paramount is outright rejecting the streaming approach of some of its competition, instead opting to embrace the theatrical experience in a major way. That, surely, will be music to the ears of moviegoers – and Tom Cruise – who consider the cinema to be hallowed ground in uncertain times.

Ellison and his top executives hosted a meet-and-greet with journalists on the storied Melrose Lot Wednesday to further discuss their plans for Paramount Picture and the TV side of the aisle.

At a press event in Los Angeles, new Paramount CEO David Ellison said, “One of our biggest priorities is restoring Paramount as the No. 1 studio for filmmakers and talent in the world. Great filmmakers make great movies.