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Ousted Paramount CEO Bob Bakish Received $69.3 Million in Severance


Bob Bakish received $69.3 million in severance compensation after he was dismissed by Paramount Global as CEO in April 2024.

1 films at the domestic box office last year: “Mean Girls,” “Bob Marley: One Love,” “IF,” “Smile 2” and “Sonic the Hedgehog 3”; and the company inked successful renewals with distribution and affiliate partners including Charter, Nexstar and Scripps. Paramount has been in discussions with the FCC about concessions the agency will require to OK the deal, including a “commitment that the company continues to abstain from particular corporate diversity initiatives,” the Wall Street Journal reported Thursday. Carr also has said President Trump’s lawsuit against CBS — alleging sections of “60 Minutes” interview with Kamala Harris were deceptively edited — would likely will be a factor during the FCC’s review of the Skydance-Paramount merger.

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Bob Bakish

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