Paramount Global's Bob Bakish is stepping down as CEO
NEW YORK (AP) — Paramount Global on Monday announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company.
Bakish will be replaced by a troika of executives who will form a new “Office of the CEO.” The group includes George Cheeks, the CEO of CBS; Chris McCarthy, CEO of Showtime/MTV Entertainment Studios and Paramount Media Networks; and Brian Robbins, the CEO of Paramount Pictures.
The company said Cheeks, McCarthy and Robbins will work closely with Chief Financial Officer Naveen Chopra and the board of directors. Among the issues the new CEO trio must face are a reported $11 billion offer from private-equity firm Apollo Global to acquire the studio, which produces films and television programs and runs the streaming service Paramount+.
There have also been reports of a possible merger with Skydance, David Ellison’s media company that has helped produce such Paramount releases as “Top Gun: Maverick” and “Mission: Impossible – Dead Reckoning.”
Related articles
Adams, Reyna, Turner, Ream are US concerns ahead of Copa America
NEW YORK (AP) — Tyler Adams, Gio Reyna, Matt Turner and Tim Ream will be given the three weeks ahead2024-05-21Maritime Silk Road art festival opens in Quanzhou
FUZHOU, Dec. 9 (Xinhua) -- The fifth Maritime Silk Road International Arts Festival kicked off Frida2024-05-21China wins two shooting golds on Day 1 at Hangzhou Asiad
(Xinhua) 09:50, September 25, 2023Han Jiayu (L), Huang Yuting (C) of China and Ramita of India pose2024-05-21Confucius, or the Science of the Princes: key to better understanding Sino
BEIJING, Jan. 29 (Xinhua) -- The heads of state of China and France celebrated the 60th anniversary2024-05-21Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
ARLINGTON, Texas (AP) — The reigning World Series champion Texas Rangers are undefeated this season2024-05-21Former WWE star 'Shooter' Tony Jones dead at 53 as tributes pour in to 'a true legend'
Former WWE wrestler 'Shooter' Tony Jones has died at the age of 53.All Pro Wrestling confirmed the n2024-05-21
atest comment