Paramount Board Might Oust CEO Bob Bakish Amid M&A Talks: Report [Yahoo! Finance]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance
The board of directors of Paramount Global, including controlling shareholder Shari Redstone, have discussed a plan to oust Bakish as CEO, the Wall Street Journal reported , citing anonymous sources. Instead, the company would form an “office of the CEO” comprising Paramount Global's division heads to run operations on an interim basis, per the report. More from Variety Jo Ann Ross, First Woman to Lead Broadcast TV Ad Sales, Plans to Exit Paramount Global (EXCLUSIVE) Sony Pictures Entertainment and Apollo Global Discuss Possible Joint Bid for Paramount Global Four Paramount Global Board Members to Exit Amid Skydance M&A Talks Reps for Paramount Global did not immediately respond to request for comment. The report comes as Paramount — owner of Paramount Pictures, CBS, Paramount+ and cable channels like MTV and Comedy Central — has been in exclusive M&A talks with David Ellison's Skydance Media the past two weeks. Meanwhile, word emerged last week that Sony Pictures Enterta
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PARAA
News
- Spotify's Podcast Studio Head McNamara to Leave the Company [BNN Bloomberg (Canada)]BNN Bloomberg
- Sony's Plans for Paramount Include Sale of Famous Studio Lot [Yahoo! Finance]Yahoo! Finance
- Sony's Plans for Paramount Include Sale of Famous Studio Lot [BNN Bloomberg (Canada)]BNN Bloomberg
- Two studies find an increase in mental health portrayals on TV, and they're more positive [Los Angeles Times (CA)]Los Angeles Times
- Sony and Apollo’s Plan for Paramount: Break It Up [The New York Times]The New York Times
PARAA
Earnings
- 4/29/24 - Beat
PARAA
Sec Filings
- 5/3/24 - Form 8-K
- 4/29/24 - Form 10-Q
- 4/29/24 - Form 8-K
- PARAA's page on the SEC website