A year ago, Paramount Television Studios was shuttered in a cost-cutting move as its parent company prepared to merge with Skydance.

With that deal on the verge of closing, the new Paramount is reviving the Paramount TV Studios name which will in turn absorb one of the companys two remaining studio operations as well as the formerly indepdendent Skydance Television.

Skydance TV president Matt Thunell is set to lead Paramount TV Studios, reporting to Dana Goldberg, the newly named co-chair of Paramount Pictures (with Josh Greenstein) and chair of Paramount Television.

Reps for Skydance and Paramount hadnt returned a request for comment as of publication time.

The reconstituted Paramount TV Studios will house productions currently under Showtime/MTV Entertainment, the home of prolific creator Taylor Sheridan (the Yellowstone-verse, Landman et al), key Showtime series like the Dexter franchise and Yellowjackets, and Netflixs Emily in Paris, among others. It will also be home to Skydance productions including Prime Videos Reacher and Cross.

More to come.