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Paramount’s Bob Bakish Could Be Bounced As CEO As Skydance Talks Continue – Report

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Board members at Paramount Global are reportedly considering the removal of CEO Bob Bakish as discussions continue with Skydance Media about a complex, multi-step merger.

If exclusive talks with Skydance bear fruit, there likely would not be a role for Bakish in the combined company, with Skydance chief David Ellison slated to serve as the new entity’s CEO.

Even alternatives to Skydance like Apollo Global Management’s bid, which could also involve Sony Pictures Entertainment, likely wouldn’t have room for Bakish.

That has made his ongoing presence in the corner office an inherently awkward feature of the Paramount landscape, but the Wall Street Journal‘s report on his possible ouster put a finer point on all of it.

Read more on deadline.com
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