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Paramount Global chief Bob Bakish exits amid scramble to agree merger
Bakish’s departure confirmed as Paramount continues talks with Skydance Media over proposed tie-up
The boss of Paramount Global, the media empire behind CBS, MTV and Channel 5, is leaving with immediate effect as its owners scramble to finalize a blockbuster merger. Bob Bakish’s exit from the firm was confirmed on Tuesday as Paramount continues negotiations with Skydance Media, a production company, regarding a tie-up. Photograph: Lexie Moreland/Variety via Getty Images“They have both the ability to develop and execute on a new strategic plan and to work together as true partners.
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