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Paramount Global Co-CEOs Reveal Bankers Hired To Sell Assets; Discuss Path Forward At Town Hall
After rejecting Skydance’s offer to merge two weeks ago, Paramount Global new co-CEO troika of Brian Robbins, George Cheeks and Chris McCarthy told a packed company town hall of 500 at the studio’s Melrose Lot Paramount Theater what progress has been made since the annual shareholders meeting three weeks…
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59 Comments Comment on Paramount Global Co-CEOs Reveal Bankers Hired To Sell Assets; Discuss Path Forward At Town Hall
Is The Mission Possible For Paramount’s Crowded Corner Office? CEO Troika Settles In As Layoffs And Asset Sales Loom
Paramount Global’s unorthodox Office of the CEO, which started as a presumed placeholder, is turning into a longer-term fixture poised to once again reshape the tempest-tossed company.
Consisting of three top Paramount execs – George Cheeks, Chris McCarthy and Brian Robbins – the Office replaced Bob…
Paramount CEOs Recognize “The Last Several Months Have Not Been Easy,” Tell Staff They Have A Plan
Paramount Global co-CEOs George Cheeks, Brian Robbins and Chris McCarthy thanked staff in a memo today, obtained by Deadline, for tough months rocked by Skydance merger speculation. With that deal a no go, they said, they have plan, one mostly laid out at last week’s annual shareholders meeting, to take…
As Merger Saga Continues, Paramount Updates Pay Packages For Office Of CEO Trio & Re-Ups Chief People Officer Nancy Phillips
Paramount Global, which continues to explore its M&A options, has updated the compensation plans for the three execs in the Office of the CEO and re-upped Chief People Officer Nancy Phillips.
Separate SEC filings from the company on Monday laid out details about the various exec contract changes…
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By Dade Hayes
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Amid Skydance Offer, Paramount Global CEO Trio Trumpet 14 Billion Dollar Brands, Plans To Explore Streaming Joint Ventures
As Paramount Global controlling shareholder Shari Redstone mulls the terms of a merger between her conglom and Skydance, the network/studio/streaming service trotted out their best and brightest CEO troika this early AM in annual global stockholders meet to tout their hit parade of 14 billion dollar…
Paramount Unveils Bob Bakish Exit Terms, Names Chris McCarthy ‘Interim Principal Executive’ For SEC Purposes
Paramount Global says Chris McCarthy is the company's "interim principal executive officer," a necessity required by the SEC that apparently does not signal he has more decision-making power among a trio of top executives who stepped up to replace Bob Bakish this week in a new Office of the…
George Cheeks Addresses Paramount Global Shakeup, Company Morale At CBS Schedule Reveal
Three days after he was named to the newly formed Office of the CEO of Paramount Global, George Cheeks, President and CEO of CBS, faced reporters at the unveiling of the broadcast network’s fall 2024 schedule.
On Monday, Bob Bakish exited as Paramount Global CEO, replaced by a trio of senior…
Shari Redstone, Newly Elevated Execs Address Paramount Staff Following Bob Bakish’s Exit, Talk “Stability” & “Challenging Days” Ahead
After trying to reassure Wall Street with their brief opening remarks at the Paramount Global earnings call, the trio of executives named to the newly formed Office of the CEO looked to do the same with the company’s employees rattled by the sudden ouster of longtime CEO Bob Bakish amid sale negotiations…
Paramount Global Sees Ad Boost From Super Bowl, Paramount+ Passes 71 Million Subs In Q1, ‘Mean Girls’ & ‘Bob Marley’ Buoy Studio
Paramount has just unleashed its first quarter financials and they look pretty promising, although all eyes are on the shakeup in the C-suite. Revenue was higher across the board, albeit a hair shy of Wall Street expectations. Operating losses narrowed. Free cash flow rose, a key metric since it allows…
CBS Sports Chairman Sean McManus To Retire In April 2024, Handing Reins To President David Berson
Sean McManus, chairman of CBS Sports and the division’s 27-year leader, will retire next April and hand the reins to David Berson, who has been president of CBS Sports for more than 10 years.
The leadership change was announced today by George Cheeks, president and CEO of CBS, and chief content…
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By Dade Hayes
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CBS Eyes Reality, Paramount+ Originals For Fall As George Cheeks Talks WGA Strike Impact & Figuring Out A Deal
On May 10, CBS unveiled a fall 2023 lineup that didn’t factor the potential impact from the ongoing writers strike (and a possible SAG-AFTRA work stoppage). Besides the unscripted Wednesday, comprised of supersized episodes of Survivor and The Amazing Race, and Sunday anchor 60 Minutes, the announced…
Story Arc:
Writers Guild Strike
November 1, 2023
September 30, 2023
September 29, 2023
George Cheeks Hints At Spinning Off ‘Fire Country’: “We Are Focused On Mass-Appeal Franchises”
Fire Country may provide some much-needed kindling for a new franchise at CBS.
While speaking at the Banff World Media Festival on Tuesday, CBS Chief George Cheeks hinted at the possibility that its top-rated procedural could go the way of NCIS and result in one — or more — fiery spinoffs.
“We…
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By Lynette Rice
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