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:
Braves' Travis d'Arnaud hits first 3 HRs of season, including goA new, stable fiscal forecast for Kansas reinforces the dynamics of a debate over tax cutsChina activates emergency response to rain, snowstorms amid holiday traffic peakSenate passes reauthorization of key US surveillance programChina's amended criminal law strengthens punishment for bribers, graft in private firmsTravis Scott anxious to break 0China's Tianjin launches 1st roadway for intelligent connected vehiclesPasquantino, Melendez homer as Royals win 9Phillies' Turnbull loses noRyan Garcia vs Devin Haney is ON despite troubled fighter weighing 3.2lbs overweight
2.4642s , 6505.375 kb
Copyright © 2024 Powered by Paramount Global's Bob Bakish is stepping down as CEO ,Culture Quest news portal