Bob Bakish
Earnings
What's it take to replace Bob Bakish? A Paramount Pictures CEO, a CBS chief, and the MTV Entertainment Group president, for now.
The executive could step down ahead of the company's earnings call on Monday.
Paramount Plus... a New CEO?
"It may already be too late to save Paramount," Rich Greenfield of LightShed Partners writes, but "Shari Redstone and National Amusements must terminate Bob Bakish and seek new leadership immediately."
Warner Bros. Discovery is no longer exploring a merger with Paramount Global, according to a report in CNBC.
Bob Bakish sure sounds down for a little outside help
"They've got to cut it," Bob Bakish said. "But the movie is insane."
"If we weren't having that conversation, you should fire all of us," said Paramount Global CEO Bob Bakish.
"Top Gun: Maverick" grossed $1 billion before the end of Q2; Paramount's streaming expenses were more than $1.6 billion in the quarter.
