News

New York Post1y
Paramount Global ousts CEO Bob Bakish, replaces him with trio of execs as it eyes Skydance merger
Paramount Global pushed out CEO Bob Bakish on Monday — removing a major opponent to the media giant’s possible merger with Skydance Media. Bakish, who had run Paramount since 2019, will be ...
Los Angeles Times1y
Bob Bakish is ousted as CEO of Paramount Global as internal struggles explode into public view
Paramount Global’s months-long internal struggles spilled into full view Monday as Chief Executive Bob Bakish was ousted and pressure mounted for the company’s directors to accept — or ...
New York Post1y
Paramount mulls dumping CEO Bob Bakish as sale talks with Skydance inch forward: report
Paramount Global is reportedly considering dumping longtime CEO Bob Bakish and replacing him with a group of executives as the entertainment giant inches closer to a deal with Skydance Media.
Fox Business1y
Paramount CEO Bob Bakish out amid Skydance merger talks
Paramount Global chief Bob Bakish has left the entertainment giant after eight years at the helm, the company announced Monday. The company said in a press release Bakish is stepping down from his ...
Hosted on MSN1mon
Bob Bakish was ousted by Paramount after clashing with Shari Redstone and he still got rewarded with a $69.3 million golden parachute
Bob Bakish, who was ousted as CEO of Paramount in last April, received $69.3 million as part of his severance compensation. The package was revealed in a Paramount filing disclosed by the SEC on ...
IndieWire1y
Paramount+ Was a ‘Critical’ Mistake and It’s Why Bob Bakish Should Be Fired: Analyst
"It may already be too late to save Paramount," Rich Greenfield of LightShed Partners writes, but "Shari Redstone and National Amusements must terminate Bob Bakish and seek new leadership ...
TheWrap1y
Paramount CEO Bob Bakish Says It’s ‘No Surprise’ Company Remains a ‘Topic of Speculation,’ Lays Out Growth Strategy for 2024
Paramount Global CEO Bob Bakish said the media conglomerate’s main priority for 2024 will be “driving earnings growth.” The executive outlined the company’s three-prong strategy in a memo ...
The Hollywood Reporter1y
Paramount Chief Bob Bakish Is “Optimistic” About a SAG-AFTRA Deal in the “Near Term”
By Scott Roxborough Europe Bureau Chief Bob Bakish, president and CEO of Paramount Global, appears confident SAG-AFTRA and the Alliance of Motion Picture and Television Producers will reach a deal ...
Deadline.com1y
Paramount CEO Bob Bakish Acknowledges Wall Street’s Dim View Of Charter-Disney Battle, But Touts His Efforts To “Modernize” Pay-TV Relationships To Suit Streaming Era
Paramount Global CEO Bob Bakish said the Disney–Charter carriage dispute took a “notable” financial toll on many pay-TV stakeholders, but he touted his efforts to “modernize” the company ...
Yahoo2y
Paramount Global’s Bob Bakish Holds Firm on Intl. Expansion Despite Macroeconomic Impact: ‘I’m Not Going to Risk a Strategy That Was Fundamentally Working’
Paramount Global CEO Bob Bakish sees “real opportunity” in a radical alignment of his domestic and international operations, and promises that macroeconomic headwinds won’t impact his ...
TheWrap2y
Paramount CEO Calls Reports Showtime Streaming Service Is Shutting Down ‘Just a Rumor’
Paramount Chief Executive Officer Bob Bakish called reports the entertainment giant is considering shutting down its Showtime streaming service as “just a rumor” while addressing investors at ...