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:
Nelly Furtado wears NO underwear in racy laceChina ready to work with neighboring countries to expand convergence of interests: spokespersonZheng eases past Cîrstea in Stuttgart opener after long trip from China. Paolini also throughThe Paris Games' grandiose opening ceremony is being squeezed by security and transport issuesUN chief calls for restraint after Iran's retaliatory attacks on IsraelChina's modified Long MarchChina's modified Long MarchHockey business is booming as the NHL bounces back from the pandemic in a big wayChina condemns attack on Iranian embassy in SyriaArtworks shine at the international consumer products expo
2.814s , 6503.3046875 kb
Copyright © 2024 Powered by Paramount Global's Bob Bakish is stepping down as CEO ,International Insight news portal