Bob Bakish walked out the door. Shari Redstone, Paramount’s largest shareholder, got rid of a CEO who went it alone and didn’t make her enough money.
On Monday, the American media and entertainment group announced the establishment of interim management, on the occasion of the publication of its first quarter results. Paramount will be led by three company executives: George Cheeks (CBS), Chris McCarthy (Showtime/MTV) and Brian Robbins (Paramount Pictures/Nickelodeon).