Today, Paramount announced Bob Bakish was stepping down from his role as CEO and from its board of directors. The news came amid ongoing exclusive acquisition talks with Skydance Media and ahead of the company's first-quarter earnings call, which Bakish wasn't expected to join. In the CEO's absence, Paramount Global has established an "Office of the CEO," led by George Cheeks, president and CEO of CBS; Chris McCarthy, president and CEO of Showtime/MTV Entertainment Studios and Paramount... Read this story
