Anthony D'Alessandro Editorial Director/Box Office EditorAfter playing a key role in ViacomCBS’ 49% stake in beIN Media Group’s Miramax, the latter’s Chief Operating Officer and General Counsel, Bob Osher, is stepping back.We hear that Osher’s exit from Miramax was always part of the plan in the closing of the ViacomCBS-Miramax deal.ViacomCBS shelled out $150 million of the $375 million pricetag when they closed the Miramax deal back in April.
The media conglomerate is committed to investing $225 million – comprised of $45 million annually over the next five years – to be used for new film and television productions and working capital.
Read more on deadline.com
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