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Bob Bakish may be out at Paramount Global before any sale or merger deal for the media company is completed.
The board of directors of Paramount Global, including controlling shareholder Shari Redstone, have discussed a plan to oust Bakish as CEO, the Wall Street Journal reported, citing anonymous sources. Instead, the company would form an “Office of the CEO” comprising Paramount Global’s division heads to run operations on an interim basis, per the report.
A Paramount Global rep declined to comment.
The report comes as Paramount — owner of Paramount Pictures, CBS, Paramount+ and cable channels like MTV
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