Paramount Global (PARAA)
After hours:
- LA Times
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.
- Bloomberg
Paramount Board Weighs Removing CEO Amid Sale Talks, WSJ says
(Bloomberg) -- Paramount Global’s board is considering removing Chief Executive Officer Bob Bakish and putting the film and TV company under a committee of top executives while it evaluates a possible sale, according to a person familiar with the matter.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingAI Boom’s Secret Winners? The Companies Expected to Power ItApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies:
- Yahoo Finance Video
Paramount to potentially oust CEO Bob Bakish: WSJ
According to a Wall Street Journal report, Paramount Global (PARA) is considering removing current CEO Bob Bakish from his position and allowing a committee of top executives to run the company on an interim basis. Yahoo Finance Anchors Julie Hyman and Jared Blikre break down the latest development for Paramount and outline what the potential sale of the media conglomerate would involve. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
