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Paramount Global Set to Unveil New Leadership Structure; Anxiety Runs High on Earnings Eve
Anxiety is running high as Paramount Global prepares for earnings amid sales talks and palace intrigue.
On the eve of its quarterly earnings call, two insiders familiar with Paramount Global said the board is expected to announce a new leadership committee to replace ousted CEO Bob Bakish. Expected to be named to these leadership roles are Paramount Pictures CEO Brian Robbins, CBS chief executive George Cheeks and MTV Entertainment Group President Chris McCarthy, the sources said. A third source familiar with the company said Redstone has been resolute in preferring the Skydance bid, which promises to keep her family media empire in tact and on track to provide future shareholder value.
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