bob bakish
Wall Street bankers, lawyers losing out on hundreds of millions in fees after Paramount's scrapped merger: sources
Wall Street bankers and white-shoe law firms are losing out on hundreds of millions of dollars in fees after Shari Redstone this week made a last-minute decision to scrap plans...
Paramount Global ousts CEO Bob Bakish, replaces him with trio of execs as it eyes Skydance merger
The move comes as Bakish has clashed with Paramount controlling shareholder Shari Redstone.
Paramount CEO expected to resign after clashing with Shari Redstone: reports
Bob Bakish is expected to step down Monday amid contentious talks to merge with Skydance Media and ahead of Paramount's quarterly earnings later that afternoon.
Paramount Global slashing 800 jobs amid takeover talks, record Super Bowl: report
Paramount will focus its resources on its "most powerful, resonant franchises, films and series" and produce fewer local, international originals, CEO Bakish had said.
'Woke' CBS News president got job despite HR probe over bias accusations, sidelining white journalists: sources
The new president of CBS News has been accused of using her clout to promote minorities while unfairly sidelining white journalists — a “woke” and “divisive” practice that sparked multiple...
Warner Bros. Discovery eyes merger with Paramount Global: reports
Debt-ridden media giant Paramount Global held merger talks with Warner Bros. Discovery, according to multiple reports Wednesday.
CBS News boss faces HR clampdown over tirade aimed at female execs: sources
Khemlani allegedly went on an anger-filled tirade aimed at Chief Financial Officer Stacey Benson and a female executive vice president at the April meeting, which was focused on long-term budget...
ViacomCBS rebrands to Paramount, stock tanks 20 percent
ViacomCBS is no more. The media company that is home to MTV, CBS, Nickelodeon and Showtime renamed itself after its movie studio, Paramount, late Tuesday. Investors apparently weren't keen on...
'Cutting it to the bone' CBS News staffers chafing under 'rude,' cost-slashing new boss
Rank-and-file at the third-place network gripe that co-president Neeraj Khemlani is demanding more work even as he axes resources, with some raising concerns that ruthless bean counting at CBS News...
ViacomCBS shakes up Paramount Pictures by splitting movie, TV division
ViacomCBS is shaking up the operations of its movie and TV studio, Paramount Pictures, separating the units and putting new executives in charge of each, according to reports.
ViacomCBS probed sexual misconduct allegation against CEO Bob Bakish: report
ViacomCBS investigated an allegation of sexual misconduct by its chief executive Bob Bakish, according to a new report. A former employee at Viacom's Nickelodeon cable channel claimed that Bakish touched...
CBS All Access streaming service to be renamed Paramount+
ViacomCBS said Tuesday it will rebrand its CBS All Access video-streaming service as Paramount+ early next year.
ViacomCBS to sell CNET for $500 million to Red Ventures
ViacomCBS said it is offloading CNET Media Group for $500 million to digital-marketing company Red Ventures.
ViacomCBS says worst is over after 12 percent coronavirus drop
ViacomCBS, home of "Survivor" and MTV, saw a 12 percent slump in sales last quarter as the coronavirus pandemic sent ad sales down 27 percent. The declines were offset, however,...
ViacomCBS sees streaming revenue rise despite no 'March Madness'
ViacomCBS delivered a narrower-than-expected profit drop despite the cancellation of the the NCAA “March Madness” men’s basketball championship that had been slated to air on CBS.
ViacomCBS layoffs continue amid merger integration
ViacomCBS has unleashed a fresh round of layoffs in the ongoing integration of Viacom and CBS, whose merger created the company in December. ViacomCBS chief executive Bob Bakish sent an...
CBS executive to receive $100 million package
Joe Ianniello’s sweet deal just keeps getting sweeter. Acting CBS Chief Executive Ianniello, who will become chairman and CEO of CBS once Viacom merges with CBS, will bank a hefty...
‘Mission: Impossible’ propels Viacom to beat estimates
Viacom, the owner of MTV, Comedy Central and Nickelodeon, beat Wall Street estimates for profit and revenue on Friday, as its Paramount Pictures division gained from the success of “Mission:...
Viacom CEO: Paramount Pictures is finally turning a corner
Paramount Pictures is finally turning a corner, according to the boss of the Hollywood studio’s parent company Viacom. The legendary movie lot, which has been dogged by years of operating...
Viacom shares spike after promising profits report
Viacom shares spiked 6 percent on Thursday after the entertainment company reported better-than-expected second-quarter profits — and sustained ratings growth for its flagship brands. The results prove Viacom’s long-awaited turnaround...