Paramount Leadership Unveils Job Cuts and Streaming Plans Amid Sale Talks
TL;DR Summary
During Paramount Global's annual shareholder meeting, non-executive chair Shari Redstone promoted the potential of the new three-member Office of the CEO, consisting of George Cheeks, Chris McCarthy, and Brian Robbins. Redstone emphasized cost reduction, debt decrease, and continued investment in content as key objectives. The meeting also briefly touched on a pending merger proposal by Skydance Media.
Topics:top-news#business#office-of-the-ceo#paramount-global#shari-redstone#skydance-media#strategic-partnerships
- Paramount Global Non-Exec Chair Shari Redstone Touts Office Of CEO During Annual Shareholder Meeting Deadline
- Paramount leadership team outlines job cuts, streaming JV plans at annual meeting CNBC
- Paramount Leaders Outline Stand-Alone Plan, With No Word on Skydance Deal Variety
- Paramount mulls streaming JV, plans job cuts as sale talks escalate Axios
- Paramount Leadership Lay Out Shared Vision Takeover Offer Hollywood Reporter
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