Bob Bakish Out as Paramount CEO Amid Deal Talks
Bob Bakish is out as Paramount CEO amid deal talks with Skydance.
Source: hollywoodreporter.com
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Bob Bakish Officially Ousted as Paramount CEO; Trio of Executives to Take Over
Paramount Global CEO Bob Bakish is officially out at the company. The entertainment conglomerate — in the middle of a sales process — is turning to a handful of top executives to run the company. Chris McCarthy, George Cheeks and Brian Robbins will make up an “Office of the CEO,” running Paramount on a day-to-day …
Source: yahoo.com
Paramount Sale: Charter Carriage Deal in Focus
Paramount Global sale talks with Skydance continue, but why is a Charter Communications carriage deal on Wall Street analysts' minds.
Source: hollywoodreporter.com
Game On: Amazon, YouTube, And NBCUniversal Reportedly Battle for NBA Rights - Alphabet (NASDAQ:GOOGL), Warner Bros. Discovery (NASDAQ:WBD), Amazon.com (NASDAQ:AMZN), Walt Disney (NYSE:DIS)
Amidst intense media negotiations, the NBA attracts major players like Amazon and Google's YouTube for streaming rights, while traditional TV giants Disney and Warner seek substantial payment hikes despite airing fewer games, highlighting the enduring allure of live sports amid cord-cutting trends.
Source: benzinga.com
Movie Studio Profit Report: A Year of Major Transition
Overall, only one studio unit among Hollywood conglomerates posted profit growth for the calendar year 2023 amid fast-paced change and disruption in the industry.
Source: hollywoodreporter.com