Tom Ryan (business executive)

Tom Ryan
Tom Ryan in 2024
Born
Thomas V. Ryan

(1969-03-18) March 18, 1969
EducationDartmouth College INSEAD in France
OccupationsCEO and President
EmployerParamount Streaming

Tom Ryan is the co-founder of Pluto TV and CEO and President of Streaming at Paramount Skydance Corporation.[1][2] He oversees the company's global direct-to-consumer division,[2] which includes paid and free streaming through businesses such as Paramount+ and Pluto TV.[2]

Education

Ryan has an AB from Dartmouth College and an MBA from INSEAD in France.[3][4][5]

Career

Early years

Tom Ryan's entrepreneurial career began in 1996 when he co-founded Cductive, an early digital music retail company that Ryan later sold to EMusic in 1999,[3][4] that same year he became an advisor for EMusic. Following this, in 2002, he was a Mobile Music Consultant with Virgin Mobile USA.[6][5] From 2004-2007, Ryan was the Senior vice-president of Digital Strategy at EMI Music.[4][7][3] In 2007 he held the position of "Entrepreneur-in-Residence" of Bessemer Venture Partners until 2008. From 2008-2012, Ryan was CEO of the crowdsourced design community and e-commerce company, Threadless.[3][8]

Pluto TV

In 2013, Ryan co-founded Pluto TV,[9][6] making him one of the first to bring Free ad-supported streaming television (FAST) services to the market.[2][1] It was launched in 2014. In 2019, he sold the company to Paramount (at the time ViacomCBS) for $340 million,[1][2] and stayed on as CEO.[10] By 2021, Pluto TV had over $1 billion in annual revenue.[11]

Paramount Global Streaming

In October 2020, Tom Ryan was named President and CEO of Streaming at Paramount Global (formerly known as ViacomCBS Streaming).[12] In 2024, under his leadership, the direct-to-consumer segment had its first profitable quarter since the launch of Paramount+ in March 2021.[13][14]

Board roles

Ryan is the current Chairman of the board of Struck Studio.[15] He has been a founding board member of Smule, a social music site, since 2008. Ryan has been a Venture Advisor on the board of Felix Capital since 2015[16] and Fund Advisor of SignalFire since 2017. He was previously on the board of Society6, which was acquired by Leaf Group in 2013[17] from 2010-2013 and Trunk Club[5] from 2011-2014. He was an angel investor in both Smule and Trunk Club.[9]

Recognition

In 2021, he was recognized as the Fastest Growing Brand in America for Paramount.[18] In 2022, Ryan received the NATPE's inaugural "Award for Executive Leadership in Global Streaming".[19][20] And was also a Variety500 Honoree from Variety.[21] In 2023, Stream TV awarded Ryan "CEO of the Year" & awarded Pluto TV "Streaming Platform of the Year";[22][23] that same year Pluto TV received a Webby Award for the "People's Voice Winner" for Best Streaming Service.[24] In 2024, the NATAS revealed that Pluto TV would receive the Technology and Engineering Emmy Awards for Pioneering Development of Manifest-based Playout for FAST.[25] That same year he was named on both the LA500[2] and FAST30[26] lists.

Patent

Issued on February 9, 2016 on Methods and Systems for Generating and Providing Program Guides and Content.[27]

Personal life

Ryan lives in Los Angeles, California with his wife and three children.[4]

References

  1. ^ a b c Blancaflor, Saleah (April 21, 2024). "Paramount Streaming's CEO launched Pluto TV 10 years ago. Here's what he thinks about the future of free streaming". Fast Company. Retrieved July 11, 2024.
  2. ^ a b c d e f LABJ (June 3, 2024). "LA500 2024: Tom Ryan". Los Angeles Business Journal. Retrieved July 11, 2024.
  3. ^ a b c d "A Great Example of Innovation From Tom Ryan, CEO Threadless | Built in Chicago". Built In. Retrieved July 11, 2024.
  4. ^ a b c d "Tom Ryan | Irish America". December 2, 2016. Retrieved July 11, 2024.
  5. ^ a b c "Tom Ryan". Los Angeles Business Journal. May 19, 2019.
  6. ^ a b Spangler, Todd (March 31, 2014). "Pluto.TV Launches 'Live' Web-Video Service with Backing from UTA's Jeremy Zimmer, Terry Semel". Variety. Retrieved July 11, 2024.
  7. ^ Robinson, Keela (May 19, 2021). "Variety's Inaugural Silicon Valleywood Impact Report". Variety. Retrieved July 12, 2024.
  8. ^ Jarvey, Natalie (March 8, 2021). "Viacom CBS Streaming Exec on How to Navigate Massive Paramount+ Content Library". The Hollywood Reporter. Retrieved July 12, 2024.
  9. ^ a b Rodriguez, Ashley (September 25, 2019). "The 16 power players leading the rise of free ad-supported streaming services in 2019". Business Insider. Retrieved July 12, 2024.
  10. ^ Spangler, Todd (April 1, 2024). "Paramount Streaming CEO Tom Ryan on Pluto TV Turning 10, What's Next for Paramount+ and More: Streaming Biz Is 'Underestimated by the Market'". Variety. Retrieved July 12, 2024.
  11. ^ Ifeanyi, KC (March 11, 2023). "How Paramount+ became a top contender in the streaming wars". Fast Company. Retrieved August 12, 2024.
  12. ^ Spangler, Todd (October 20, 2020). "ViacomCBS Streaming Shake-Up: Pluto TV's Tom Ryan to Head New Global Division, Marc DeBevoise Steps Down". Variety. Retrieved July 12, 2024.
  13. ^ Alexander, Julia (February 24, 2021). "Everything to know about Paramount Plus, ViacomCBS's new version of CBS All Access". The Verge. Retrieved July 12, 2024.
  14. ^ "Paramount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business". Yahoo Finance. August 9, 2024. Retrieved August 26, 2024.
  15. ^ "Team". Struck Capital. Retrieved July 25, 2024.
  16. ^ Lunden, Ingrid (June 3, 2015). "New London VC Firm Felix Capital Launches With $120M Fund And Team Of Elite Advisors". TechCrunch. Retrieved September 28, 2024.
  17. ^ Peter Caranicas, Todd Longwell, Robert Marich (May 19, 2021). "Variety's Inaugural Silicon Valleywood Impact Report". Variety. Retrieved July 15, 2024.{{cite web}}: CS1 maint: multiple names: authors list (link)
  18. ^ "Ranking: Fastest Growing Brands 2021". Morning Consult. Retrieved October 4, 2024.
  19. ^ Gruenwedel, Erik (October 4, 2022). "Paramount Global's Tom Ryan Given Inaugural NATPE Award for Leadership in Global Streaming". Media Play News. Retrieved August 15, 2024.
  20. ^ Burton, Carson (August 11, 2022). "Paramount's Tom Ryan to Receive NATPE's Inaugural Leadership in Global Streaming Award". Variety. Retrieved August 15, 2024.
  21. ^ Eriksen, Kaare (April 6, 2017). "Tom Ryan". Variety. Retrieved September 23, 2024.
  22. ^ "Winners | StreamTV Show". www.streamtvshow.com. Retrieved August 26, 2024.
  23. ^ LLC, Questex (June 13, 2023). "Questex Announces the 2023 StreamTV Awards Winners". GlobeNewswire News Room (Press release). Retrieved August 26, 2024.
  24. ^ "NEW Webby Gallery + Index". NEW Webby Gallery + Index. Retrieved October 22, 2024.
  25. ^ Team, The Deadline (February 21, 2024). "NATAS Reveals Technology & Engineering Emmy Award Recipients". Deadline. Retrieved September 13, 2024.
  26. ^ "FAST30 2024: The Movers and Shakers in the Free Ad-Supported Streaming TV Arena". Media Play News. May 27, 2024. Retrieved September 13, 2024.
  27. ^ "Unified Patents - Analytics Portal". portal.unifiedpatents.com. Retrieved September 13, 2024.
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