Los Angeles Times

Bob Bakish is ousted as CEO of Paramount Global

Paramount Global CEO Bob Bakish was ousted Monday after a bitter falling out with the media and entertainment company’s controlling shareholder, Shari Redstone. The company, which owns CBS, Nickelodeon, MTV and the Hollywood studio Paramount Pictures, said a consortium of three high-ranking Paramount entertainment executives would run the company: Paramount Pictures Chief Executive Brian ...
Bob Bakish attends the premier of Paramount Pictures' "Transformers: Rise of the Beasts" at Kings Theatre on June 5, 2023, in Brooklyn, New York.

Paramount Global CEO Bob Bakish was ousted Monday after a bitter falling out with the media and entertainment company’s controlling shareholder, Shari Redstone.

The company, which owns CBS, Nickelodeon, MTV and the Hollywood studio Paramount Pictures, said a consortium of three high-ranking Paramount entertainment executives would run the company: Paramount Pictures Chief Executive Brian Robbins; CBS Chief Executive George Cheeks; and Showtime/MTV Entertainment Studios Chief Chris McCarthy.

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