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Paramount Global laid off more employees in 2024 than any of its rivals. A larger reckoning is still playing out. At Paramount—as moguls, executives, and 3 CEOs struggled for control—some ...
Bakish retained the role of CEO when CBS Corporation and Viacom reunited under a single company to form Paramount Global (then known as ViacomCBS), which closed on December 4, 2019. [76] In 2023, Bakish's total compensation from Paramount Global was $31.1 million, representing a CEO-to-median worker pay ratio of 274-to-1. [77]
Famous Studios (later Paramount Cartoon Studios) – closed after Gulf+Western's acquisition of Paramount Pictures in 1967; Fleischer Studios – acquired by Paramount Pictures and reorganized as Famous Studios in 1942; Insurge Pictures; Liberty Films; Melange Pictures, LLC – library holder of Republic Pictures films Budd Rogers Releasing ...
Paramount Streaming (formerly CBS Digital Media, CBS Interactive, and ViacomCBS Streaming) is a division of Paramount Global that oversees the company's video streaming technology and direct-to-consumer services; including Pluto TV and Paramount+. It was founded in 2005, and Tom Ryan is the company's president and CEO. [2]
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Before finalization, Paramount Global would retain a 45-day window to shop for matching or superior offers from other bidders. Redstone will receive $2.4 billion for her share in National Amusements. [105] If Paramount were to find a better offer, Skydance would be entitled to a $400 million breakup fee payout from the company. [106]
Shari Ellin Redstone (born April 14, 1954) is an American heiress, businesswoman, and media executive. [5] She is the non-executive chairwoman of Paramount Global (formerly known as ViacomCBS) and chairwoman, president and CEO of National Amusements, and a former vice chair of CBS Corporation [6] and Viacom. [7]