Paramount Parts Ways With CEO As Acquisition Talks Heat Up

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Paramount News

Bob Bakish,Redstone,Skydance

Bob Bakish has been replaced by a troika of division leaders inside Paramount.

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Bakish has been replaced by a troika of division leaders inside Paramount: CBS’ George Cheeks, studio chief Brian Robbins and MTV’s Chris McCarthy. Their stated three-point plan is to: 1) Make the most of Paramount’s hit content; 2) Strengthen the balance sheet; and 3) Optimize its streaming strategy.April 30 is the deadline for Paramount to renegotiate its carriage deal with Charter, the nation’s largest cable company. Paramount generated $2.

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