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George Cheeks - 9 Bob Bakish - 5 Bakish - 5 Chris McCarthy - 5 Brian Robbins - 5 “ - 5 Shari Redstone - 4 David Ellison - 4
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13 mentions found


☆ Paramount axed its CEO, then held a bizarre earnings call where it played the 'Mission: Impossible' theme song over and over and refused to take questions
  + stars: | 2024-04-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +3 min
No questions were taken and the call ended with the Mission: Impossible theme being played on loop. The company announced the departure of its president and CEO Bob Bakish before the call. AdvertisementParamount executives didn't take any questions during the company's earnings call on Monday, and ended up blasting the Mission: Impossible theme music on loop to their investors instead. The entertainment studio's first quarterly earnings call of the year took place after Paramount announced the ouster of its president and CEO Bob Bakish. The earnings call ran for only 8 minutes and 50 seconds, and the executives in attendance weren't open to taking questions.
Persons: Bob Bakish, —, didn't, Bakish, George Cheeks, Chris McCarthy, Brian Robbins, Jaime Morris, Anna Nicolaou, Matthew Belloni, Alex Stedman, Shari Redstone, David Ellison's Skydance, David Ellison, Larry Ellison, There's, Paramount didn't Organizations: Paramount, Service, — CBS, Showtime, MTV Entertainment, Paramount Pictures, Nickelodeon Nickelodeon, Financial Times, Netflix, David Ellison's Skydance Media, Oracle, BI
☆ Paramount’s Chief Executive, Bob Bakish, Steps Down
  + stars: | 2024-04-29 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com   time to read: +1 min
Bob Bakish, the chief executive of Paramount, is stepping down effective immediately, the company announced on Monday, a stunning shake-up in the top ranks of the company as it considers a major merger. Mr. Bakish, 60, will be replaced by an “office of the C.E.O.” run by three executives: Brian Robbins, head of the Paramount movie studio; George Cheeks, chief executive of Paramount’s CBS division; and Chris McCarthy, chief executive of Showtime and MTV Entertainment Studios. Like many media companies, Paramount has struggled in recent years to get its streaming business off the ground as audiences for its cable channels have diminished. In recent months, the company has been in discussions to merge with Skydance, a media company run by the tech scion and Hollywood executive David Ellison. Shari Redstone, Paramount’s controlling shareholder, has already signed off on a potential deal for her stake, but the company’s directors have yet to reach an agreement for the whole company.
Persons: Bob Bakish, Bakish, Brian Robbins, George Cheeks, Chris McCarthy, Bakish’s, David Ellison, Shari Redstone Organizations: Paramount, Paramount’s CBS, Showtime, MTV Entertainment Studios
☆ Paramount CEO Bob Bakish is officially out
  + stars: | 2024-04-29 | by ( Paul Squire | ) www.businessinsider.com   time to read: +2 min
CEO Bob Bakish will step down and be replaced by a trio of senior executives. David Ellison has been itching to strike a deal with Shari Redstone to buy Paramount. AdvertisementParamount announced Monday that its president and CEO Bob Bakish is out and will be replaced by a trio of execs. Bakish is stepping down from the entertainment studio as major shareholder Shari Redstone inches closer to a possible sale of her controlling stake in the company. In the statement, Shari Redstone (who also serves as the chair of the board) said she has "tremendous confidence" in the new leadership.
Persons: Bob Bakish, David Ellison, Shari Redstone, —, Shari, David Ellison's Skydance, Larry Elison, George Cheeks, Chris McCarthy, Brian Robbins, Bakish, David Ellison's Organizations: Paramount, Service, Oracle, Bloomberg, — CBS, Showtime, MTV Entertainment Studios, Paramount Media Networks, Nickelodeon, Board, Paramount Global, Hollywood
☆ Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
  + stars: | 2024-04-29 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +4 min
David A. Grogan | CNBCParamount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the corporate ladder after joining Viacom in 1997, until he became CEO of the company in 2016. Following the merger of Viacom and CBS, he became CEO of the combined company in 2019, which was later renamed as Paramount Global. Paramount will now be led by CBS president and CEO George Cheeks; Chris McCarthy, president and CEO of Showtime/MTV Entertainment Studios and Paramount Media Networks; and Brian Robbins, the head of Paramount Pictures and Nickelodeon. Paramount said it added 3.7 million Paramount+ subscribers during the quarter, bringing the total to 71 million.
Persons: Bob Bakish, David A, Bakish, George Cheeks, Chris McCarthy, Brian Robbins, Naveen Chopra, Chopra, LSEG, Bob Marley Organizations: Viacom, Allen & Company Sun Valley Conference, Grogan, CNBC Paramount Global, Skydance Media, CBS, Paramount Global, Paramount, Showtime, MTV Entertainment Studios, Paramount Media Networks, Paramount Pictures, Nickelodeon, LSEG, Super, BET, MTV, NFL, TV Media, Hollywood Locations: Sun Valley , Idaho
☆ Paramount Global ousts chief Bob Bakish as future of media conglomerate hangs in the balance
  + stars: | 2024-04-29 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +4 min
New York CNN —Paramount Global on Monday parted ways with its chief executive, Bob Bakish, in a seismic move that sent reverberations through the media conglomerate as it actively engages in acquisition talks with Skydance Media. In place of Bakish, who led the company since controlling shareholder Shari Redstone reunited Viacom and CBS Corporation under one roof in 2019, will be a triumvirate of leaders: Brian Robbins, chief executive of Paramount Pictures; Chris McCarthy, chief executive of Showtime and MTV Entertainment Studios; and George Cheeks, chief executive of CBS. In an attempt to stave off declining cable revenues, Paramount has spent billions of dollars building its own streaming service, Paramount+. Supporters of the Skydance deal hope that merging Paramount with the Ellison-led company will change its fortunes. Those shareholders have argued the deal primarily benefits Redstone and they have encouraged Paramount’s board to evaluate other options.
Persons: Bob Bakish, Bakish, Shari Redstone, Brian Robbins, Chris McCarthy, George Cheeks, Bob, ” Redstone, David Ellison, Larry Ellison, Ellison, Skydance, Jeff Shell Organizations: New, New York CNN, Paramount Global, Skydance Media, Viacom, CBS Corporation, Paramount Pictures, Showtime, MTV Entertainment Studios, CBS, Paramount, Skydance, CNN, BET, Nickelodeon, MTV, Comedy, Netflix Locations: New York, Redstone, Skydance
☆ CBS Signs 5-Year Deal for Golden Globes
  + stars: | 2024-03-25 | by ( John Koblin | More About John Koblin | ) www.nytimes.com   time to read: +1 min
The Golden Globe Awards once again have a long-term broadcast home. CBS announced on Monday that it had signed a five-year deal to broadcast the Globes, providing a much-needed shot in the arm for a program that was on life support not long ago. “CBS’s collaboration with the Globes for this year’s broadcast was a big win for both of us and established strong momentum for awards shows in 2024,” George Cheeks, the president of CBS, said in a statement. NBC, the longtime broadcaster of the Globes, gave up the event after several ethics and diversity scandals imperiled the award show. In 2021, The Los Angeles Times reported that the organization that administers the Globes had no Black members, setting off a significant backlash in Hollywood.
Persons: “, ” George Cheeks Organizations: Globe, CBS, Globes, NBC, Los Angeles Times Locations: Hollywood
☆ Sean McManus Will Retire in April After 27 Years Leading CBS Sports; David Berson Named Successor
  + stars: | 2023-09-26 | by ( Associated Press | Sept. | At P.M. | ) www.usnews.com   time to read: +4 min
CBS Sports Chairman Sean McManus has known for over a year when he planned to retire and who would be his successor. His successor will be David Berson, who has been president of CBS Sports for over 10 years. “The reaction has been very positive, so I feel good about everything,” McManus said. McManus was president of CBS News and CBS Sports from 2005 through 2011 before being named CBS Sports Chairman in February 2011. The retirement of McManus will mark the end of a long relationship between his family and CBS.
Persons: Sean McManus, McManus, David Berson, ” McManus, “, “ I’ve, I’ve, ”, George Cheeks, Sean, Berson, Jim McKay, Rick Cordella, Pete Bevacqua, ___ Organizations: CBS, CBS Sports, Paramount Global, NFL, Fox, NFC, Tour, NCAA, Warner Discovery Sports, Turner Sports, UEFA Champions League, Big Ten, SEC, Paramount, CBS News, ABC, NBC Sports Locations: Las Vegas
☆ For Several Episodes This Fall, '60 Minutes' Will Become 90 Minutes
  + stars: | 2023-09-13 | by ( Associated Press | Sept. | At P.M. | ) www.usnews.com   time to read: +4 min
NEW YORK (AP) — The iconic stopwatch won't be reset, but for six episodes this fall, “60 Minutes” will become 90 minutes. Political Cartoons View All 1154 ImagesMore than a half century in, “60 Minutes” remains the most popular show in television news. “60 Minutes” has almost completely turned over its correspondent corps since its glory years, with Lesley Stahl remaining as the elder stateswoman. It's almost a defiant normalcy.”Besides Whitaker, Stahl, Vega and Pelley, the current “60 Minutes” correspondent team includes Sharyn Alfonsi, Anderson Cooper and Jon Wertheim. “I think Morley would be proud of this show.”
Persons: “, Bill Owens, George Cheeks, Owens, ”, Bill Whitaker, That's, Lesley Stahl, Cecilia Vega, ” Owens, Vega, Whitaker, Scott Pelley —, Edward R, Murrow, ” Whitaker, Stahl, Alfonsi, Anderson Cooper, Jon Wertheim, Pelley, Morley Organizations: CBS, NFL, Hollywood, Nielsen, ABC, U.S ., “ Locations: Coast, Isle of, Poland, Russia, Ukraine, Russian, Europe, U.S
☆ CBS News Names New Chief Executive
  + stars: | 2023-08-15 | by ( Benjamin Mullin | More About Benjamin Mullin | ) www.nytimes.com   time to read: 1 min
CBS News has named Wendy McMahon as its next chief executive, overseeing the news division, its network of stations and its TV syndication arm. Ms. McMahon was previously president of CBS News and its stations, splitting duties with Neeraj Khemlani, who also held that title. Mr. Khemlani stepped down on Sunday, striking a multiyear deal to develop content for the company. George Cheeks, the chief executive of CBS, said in a note to employees on Monday that Ms. McMahon’s appointment was part of a broader reorganization of the division’s national and local news businesses. “I firmly believe that Wendy is the ideal leader for these groups at this critical juncture,” Mr. Cheeks wrote.
Persons: Wendy McMahon, McMahon, Neeraj Khemlani, Khemlani, George Cheeks, McMahon’s, Wendy, Mr, Cheeks Organizations: CBS, CBS News
☆ CBS announces Wendy McMahon to lead news in wake of Neeraj Khemlani stepping down
  + stars: | 2023-08-14 | by ( Liam Reilly | ) edition.cnn.com   time to read: +2 min
New York CNN —Wendy McMahon was named president and chief executive officer of CBS News, the network’s local TV stations, and CBS Media Ventures, the company announced on Monday following the departure of Neeraj Khemlani as co-president of CBS News and stations. She will also oversee content licensing to TV stations and the division’s national advertising sales business. McMahon immediately named veteran journalist and executive at CBS News, Ingrid Ciprian-Matthews, president. I’m excited for the future of CBS News, our local stations and our valuable syndication franchises under her leadership.”On Sunday, CNN reported that Khemlani was stepping down after a little more than two years in the role. “I have some news to share today, and I don’t want to bury the lede,” Khemlani said in a memo sent to staffers Sunday.
Persons: Wendy McMahon, Neeraj Khemlani, McMahon, Ingrid Ciprian, Matthews, “, Wendy, ” George Cheeks, ”, Khemlani, ” Khemlani, I’ve, ” McMahon Organizations: New, New York CNN, CBS News, CBS Media Ventures, CBS, Sunday, CNN Locations: New York
☆ CBS News Chief Neeraj Khemlani is stepping down from his role
  + stars: | 2023-08-13 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +2 min
CNN —CBS News President and co-head Neeraj Khemlani, who has led the Tiffany Network’s news division and local TV stations for a little more than two years, abruptly announced Sunday that he would step down from his role. “I have some news to share today, and I don’t want to bury the lede,” read a memo from Khemlani to staffers. During his tenure, Khemlani bolstered CBS News’ reporting ranks, luring prominent journalists such as Robert Costa and Cecilia Vega to the outlet. The CBS News chief was the subject of a human resources probe earlier this year. Khemlani is the third network news chief to exit in 2023.
Persons: Khemlani, Tiffany, “, ”, I’ve, ” Khemlani, Simon, Simon & Schuster, Wendy McMahon, George Cheeks, Robert Costa, Cecilia Vega, Chris Licht, Noah Oppenheim Organizations: CNN, CBS, Simon &, Khemlani, CBS News, Evening, ”, NBC, ABC, NBC News
☆ NBCUniversal CEO Jeff Shell exits after an 'inappropriate relationship,' shocking insiders, and Comcast won't rush to replace him as corporate exec Mike Cavanagh steps up
  + stars: | 2023-04-24 | by ( Claire Atkinson | ) www.businessinsider.com   time to read: +5 min
NBCUniversal CEO Jeff Shell's exit shocked company insiders and all of Hollywood. NBCUniversal CEO Jeff Shell's bombshell departure on Sunday night was a surprise to the well-regarded executive and also to his closest colleagues. Deadline reported that Shell's relationship was with CNBC's senior international correspondent, Hadley Gamble, which lasted 11 years but had ended a couple of years ago. "Comcast is as buttoned-up and straight as ever — this is a black eye for Brian Roberts," the Comcast CEO. A second company insider, however, said that Cavanagh is expected to remain in the role for some time.
☆ CBS' Kelly Kahl is the fourth major TV network chief to exit in 6 weeks and it shows how the streaming wars are disrupting power in Hollywood
  + stars: | 2022-11-16 | by ( Elaine Low | ) www.businessinsider.com   time to read: +1 min
Kelly KahlThe CBS Broadcast Center in Manhattan. Thomson ReutersAfter 26 years at the network, including over five years at the top, Kelly Kahl is leaving his post at CBS amid a broader restructuring and streamlining at Paramount Global. Kahl also presided over the network when it introduced its trio of "FBI" dramas, hit comedy "Ghosts," and Queen Latifah starrer "The Equalizer," Cheeks noted. In his stead is Amy Reisenbach, who is stepping into the role of CBS Entertainment president to oversee the network's primetime, daytime, and late night creative departments, according to the company. A CBS veteran who has been there since 2005, she has occupied programming roles at both the network and the studio.
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