Bob Bakish

Paramount Global‘s (NASDAQ:PARA) stock has been declining for some time now. Recent news about legendary investor Warren Buffett’s Berkshire Hathaway dumping Paramount has triggered a further decline in the stock. The stock has seen a significant decline over the last year, with a 22.8...

Media company Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) reported first-quarter financial results that saw revenue miss Street consensus estimates and earnings per share come in ahead of estimates. The company also announced a CEO change with Bob Bakish stepping down. Analysts react to the...

Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) announced Monday that CEO Bob Bakish is stepping down from the studio’s as the company continues merger talks with Skydance Media. Paramount said George Cheeks (CBS CEO), Chris McCarthy (CEO Showtime/MTV Entertainment Studios and Paramount Media...

Bob Bakish, the current CEO of Paramount Global, may be facing termination as the company continues its merger talks with Skydance Media. What Happened: A recent CNBC report suggests that the board of Paramount Global (NASDAQ: PARA) is contemplating the dismissal of Bakish, which will possibly...

Paramount Global (NASDAQ:PARA) shares are trading higher Wednesday following reports suggesting Byron Allen made a $14.3 billion offer to acquire Paramount Global. The Details: According to a report from Bloomberg, Allen Media Group has made a $14.3 billion offer to buy Paramount Global, offering...

As media companies scramble to reduce costs and increase profitability, a new potential suitor has emerged with interest in buying Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) parent-company National Amusements. What Happened: According to a report from the Wall Street Journal, Skydance Media CEO...

Warner Bros. Discovery, Inc. (NASDAQ: WBD) shares are trading lower Thursday amid reports of a potential merger with Paramount Global (NASDAQ: PARA). What To Know: Axios reported that Warner Bros. Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday to discuss a...

The streaming market continues to be ultra-competitive, with streaming pure-play companies, media giants and others launching and growing their own platforms. Companies are looking for an edge with the release or original shows and movies, live sports and other exclusives. Here’s a look at...

ViacomCBS (NASDAQ: VIAC) announced Tuesday a pivot in its streaming video strategy, including a new name and additional exclusive content. Name Change: ViacomCBS, born out of the merger of Viacom and its sister company CBS, will change its streaming video platform's name from CBS All Access to...

The new $25 billion media empire that emerged from the remarriage of CBS and Viacom began trading Thursday, but questions remain about how the combined company will compete in an increasingly crowded landscape of companies beaming content into America's homes and phones. CBS and Viacom...

CBS Corporation (NYSE: CBS) and Viacom Inc (NASDAQ: VIAB) announced Tuesday afternoon they're merging, reuniting the entertainment companies that split more than a decade ago as they seek to compete in a world changing how it watches TV and movies. What Happened The merger, which follows months...

CBS Corporation (NYSE: CBS) and Viacom Inc (NASDAQ: VIAB) are close to a merger deal that would value Viacom below its most recent closing price, Reuters reported Monday. Shares of both media companies were trading down after the report, which cited unnamed sources in saying Viacom shareholders...

The on-again, off-again merger between CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) is taking a dramatic turn that could alienate CBS CEO Les Moonves. What Happened Shari Redstone, daughter of media mogul Sumner Redstone, continues her push to combine CBS and Viacom into one...

Redstone-family-controlled National Amusements announced its decision to end efforts to merge Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS). “It is now apparent that Shari Redstone (and many investors) are impressed with new CEO Bob Bakish,” Wunderlich’s Matthew...

Media conglomerate Viacom, Inc. (NASDAQ: VIAB, led by new CEO Robert "Bob" Bakish, is said to be considering buying a stake in millennial digital media start-up Vice, according to a New York Post report “Bakish wants to make his mark on the struggling media giant and is out to show his board...