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:
Related suggestion:
Koepka sets the stakes, and the menu, at PGA champions dinner at Churchill DownsEd Sheeran surprises delighted Brighton primary school pupils and performs miniTürkiye's Erdogan, Greek PM stress maintaining positive momentum in tiesTalor Gooch sees his PGA Championship invitation as evidence sanity may prevail in LIV/PGA splitIndigenous consultant accuses NHL's Blackhawks of fraud, sexual harassmentPeterka scores twice for Germany in 8Missouri lawmakers renew crucial $4B Medicaid tax programSofia Vergara, 51, poses up a storm in striking red offNorth Carolina bill forcing sheriffs to aid immigration agents still under review in HouseA greasy, monumental ritual at the Naval Academy ends after more than 2 hours
2.8964s , 6499.125 kb
Copyright © 2024 Powered by Paramount Global's Bob Bakish is stepping down as CEO ,Horizon Herald news portal