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The three Paramount Global executives chosen to replace the departed Bob Bakish, sought to reassure Wall Street on Monday that they have a plan.
Paramount CEO Bob Bakish's ouster comes a day after David Ellison's Skydance Media sweetened its offer for Shari Redstone's National Amusements, with money earmarked for Paramount's Class B shareholders.
In 2004 Dan Rather tarnished his career forever with a much-criticized report on George W. Bush’s National Guard service. Eight years later, the story behind the story can finally be told: what CBS’s top-ranking newsman did, what the president of the United States didn’t do, and how some feuding Texas pols got the whole ball rolling.
Bob Bakish is officially out as Paramount CEO. In is a trio: Brian Robbins, Chris McCarthy, and George Cheeks. Read Paramount's Q1 2024 earnings here.
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.