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Paramount Global‘s CEO Bob Bakish is out. The executive who has been a presence at several iterations of the company since 1997 will exit, effective immediately. A triumvirate of division heads — Brian Robbins, George Cheeks and Chris McCarthy — will step in to lead the company for now in a new office of the CEO.

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Skydance Puts Revised Offer On The Table For Paramount Amid Merger & CEO Drama

David Ellison’s Skydance has presented Paramount Global board’s special committee with a revised offer to take control of the company, Deadline has learned. Terms weren’t immediately available, story will be updated when they are. The new proposal is likely designed to make a deal more palatable to Paramount investors beyond controlling shareholder Shari Redstone, something that her family holding company NAI had requested.

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Paramount Global Set to Unveil New Leadership Structure; Anxiety Runs High On Earnings Eve

Matt Donnelly Senior Film Writer As turmoil continues to surround the future of Paramount Global, details surrounding interim leadership and its proposed Skydance deal are coming to light, multiple sources told Variety. Sunday was a consequential day in Shari Redstone’s ongoing exclusive bargaining window with David Ellison‘s Skydance, one that would see the Hollywood scion take majority ownership of Paramount Global and its owner National Amusements Inc. Skydance offered its “best and final” offer to Redstone on Sunday, sources added.

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Bob Bakish Exit: Shock Ripples Through CBS’ WHCD Party As Paramount CEO Set To Depart – “Who Knows What’s Next?”

Confusion and anxiety reigned at a CBS-Politico joint party today ahead of the annual White House Correspondents’ Dinner, with staffers shocked at news that Bob Bakish, CEO of parent Paramount Global, is set to exit abruptly as early as Monday morning.

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Bob Bakish To Step Down As Paramount Global CEO Amid Skydance Talks

Paramount Global is set to announce as early as Monday morning that Bob Bakish is stepping down as CEO amid talks with Skydance and ahead of the company’s quarterly earnings that afternoon.

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Paramount’s Bob Bakish Could Be Bounced As CEO As Skydance Talks Continue – Report

Board members at Paramount Global are reportedly considering the removal of CEO Bob Bakish as discussions continue with Skydance Media about a complex, multi-step merger.

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Paramount Board Might Oust CEO Bob Bakish Amid M&A Talks: Report

Todd Spangler NY Digital Editor 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.

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Skydance Still In Pole Position For Paramount As Two Hash Out Terms; Sony & Apollo Waiting In The Wings

Skydance and Paramount are deep into hashing out a complicated deal that would see the David Ellison’s studio and its backers take control of the storied film and television company owned by Shari Redstone. The exclusive month-long negotiating period through May 3 is likely to be extended perhaps by a few weeks, Deadline hears, given the complexity of the transaction.

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Maria Bakalova & 3 Others Join Apple’s Action Adventure Pic ‘Mayday’

EXCLUSIVE: Apple and Skydance have welcomed four to the cast of their action adventure pic Mayday from writer-directors Jonathan Goldstein and John Francis Daley: Maria Bakalova (Borat Subsequent Moviefilm), Marcin Dorocinski (Mission: Impossible – Dead Reckoning Part One), Lovell Adams-Gray (Power Book II: Ghost), and Clark Johnson (The Wire).

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Callum Turner to Star in ‘Neuromancer’ Series at Apple TV+

Joe Otterson TV Reporter Callum Turner has been cast in the lead role of the series adaptation of the William Gibson novel “Neuromancer” at Apple TV+, Variety has learned. The series was originally announced in February. Per the official description, the 10-episode drama follows “a damaged, top-rung super-hacker named Case (Turner) who is thrust into a web of digital espionage and high stakes crime with his partner Molly, a razor-girl assassin with mirrored eyes, aiming to pull a heist on a corporate dynasty with untold secrets.” This will mark the second starring role in an Apple series for Turner.

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‘Masters Of The Air’s Callum Turner Joins Apple TV’s New Sci-Fi Series ‘Neuromancer’

BAFTA Award-nominee Callum Turner (Masters of the Air, The Boys in the Boat) is joining Neuromancer, a new 10-episode drama based on the sci-fi novel of the same name by William Gibson.

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Paramount Global CEO Bob Bakish’s 2023 Pay Totals $31.3M, Down Slightly From Prior Year

Paramount Global CEO Bob Bakish saw his total compensation dip slightly in 2023, to $31.3 million from $32 million in the prior year.

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Paramount Shares Leap As Investors Cheer Sony-Apollo Scenario

Paramount Global shares jumped 13% Friday as investors cheered news that Sony Pictures Entertainment is talking with Apollo Global Management about joining Apollo’s bid for Paramount.

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Sony In Talks To Team With Apollo In Bid For Paramount Global

Remember those rumors, oh, eight years ago about how Sony was a target for acquisition?

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Paramount CEO Brian Robbins Jokes That Distribution Chief Chris Aronson “Has A Kickstarter” To Buy Studio As Skydance Deal Looms – CinemaCon

What do you do when your conglom might be a target for a takeover. Don’t sweat it and laugh.

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Paramount Stock Falters As Investors Sweat Details Of Skydance-National Amusements Talks

Paramount Global‘s beleaguered stock faltered Monday as investors fretted over the ongoing talks between controlling shareholder National Amusements Inc. and Skydance Media.

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Paramount Flies High As ‘Top Gun: Maverick’ Copyright Suit Against Studio Dismissed

The nearly two-year old dogfight between Paramount and the family of the writer of the 1983 article that inspired the franchise is over.

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Paramount Global’s Cable Carriage Talks with Charter Could Play Key Role in Skydance Transaction

Cynthia Littleton Business Editor Charter Communications is about to play a guest-star role in the corporate drama surrounding Paramount Global. As if Shari Redstone’s media empire wasn’t under enough pressure, Paramount Global now is in the final few weeks of its most recent carriage agreement with Charter, the nation’s second largest cable operator behind Comcast. The two companies are in renewal discussions, the outcome of which will have significant influence on Paramount’s ability to deliver the free cash flow that media investors are expecting from the company that has lately posted big losses on streaming operations.