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Paramount’s Bob Bakish Could Be Bounced As CEO As Skydance Talks Continue – Report
Paramount Global board members are considering the removal of CEO Bob Bakish as merger talks continue with Skydance, the Wall Street Journal reported.
Board members at Paramount Global are reportedly considering the removal of CEO Bob Bakish as discussions continue with Skydance Media about a complex, multi-step merger. That has made his ongoing presence in the corner office an inherently awkward feature of the Paramount landscape, but the Wall Street Journal ‘s report on his possible ouster put a finer point on all of it. There are loud rumblings that Charter, emboldened by its outmaneuvering of Disney last September in a high-stakes carriage battle, will seek a similar deal, one that could leave some of Paramount’s linear networks without pay-TV distribution.
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