Paramount’s CEO Fired Right Before the Earnings Call
Well that was brief but exciting. Bob Bakish “stepped down” right before the Paramount earnings call started on Monday. Like the tombstone says, I had looked for this but not so soon. I actually no, I had looked for this and been surprised I hadn’t seen it long before now. Under his “leadership” Paramount has fallen to the bottom of the Hollywood ladder. It has assets but no real ability to make use of them now. Like every other studio that gambled...