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 Pictures and CBS.

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.

David Ellison, chief executive officer of Paramount Skydance Corp., said he plans to boost film and TV production at the media company he acquired control of last week.