Paramount Global's Bob Bakish is stepping down as CEO
Time:2024-05-21 08:22:18 Source:entertainmentViews(143)
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.”
Previous:California congressman urges closer consultation with tribes on offshore wind
Next:Elon Musk gets approval from FDA to implant his Neuralink brain chip into a second patient
You may also like
- Ricky Stenhouse punching Kyle Busch could lead to suspension
- Rwanda denies involvement in grenade attack blamed on Burundi rebels
- China sees drop in cross
- Ukraine to face critical phase of war in next two months: commander
- Target to lower prices on basic goods in response to inflation
- Bob Dylan painting from his Woodstock years up for auction
- Report: Trump may face $100 million
- Nimmo rescues Mets off the bench on Mother's Day. Senga's rehab progressing slowly
- Cruise worker 'murders newborn son on board ship': Shocked co