Paramount Board Might Oust CEO Bob Bakish Amid M&A Talks: Report
Paramount Board Might Oust CEO Bob Bakish Amid M&A Talks: Report
The Paramount Global board of directors reportedly has discussed a plan to oust Bob Bakish as CEO.
M&A = Merger and Acquisition
Paramount shouldn’t be merging with anyone. We need more competition, not less.
This chart makes it look like there's a lot of competition, but look at the actual 'content' part.
8 companies make almost all of our content. 5 of them make most of it. If Paramount and Sony merge, it will be 4, with 2 out of 8 making the most content.
Totally agreed.
The report comes as Paramount — owner of Paramount Pictures, CBS, Paramount+ and cable channels like MTV and Comedy Central — has been in exclusive M&A talks with David Ellison’s Skydance Media the past two weeks. Meanwhile, word emerged last week that Sony Pictures Entertainment was mulling a joint bid with private-equity firm Apollo Global Management, which had offered more than $27 billion for the entirety of the media company inclusive of its more than $14 billion in debt.
Skydance? Oh good, let's flush main timeline Star Trek straight down the toilet and only do Kelvin Trek from now on because pew pew explosions!
Anyone they sell to is going to try to squeeze blood from a stone. Star Trek will only suffer.
Definitely, but I have more hope in Sony not ruining Star Trek than I do in Skydance. Never mind the fact that most of their movies are bigger on special effects than they are on plot, look at what they've offered the world in terms of television thus far:
Sony? Who the hell knows. They make good TV and terrible TV. They haven't done much in terms of sci-fi TV, but they seem to at least be able to make a reasonable TV show that's not just a small screen version of pew pew explosions.
I would share my opinion on this, but they should already know it, considering how many trackers they ship with their app.
https://reports.exodus-privacy.eu.org/en/reports/364403/#trackers