lowell
Well-Known Member
It's not necessary for them, though.If anything AMC Networks would be an acquisition target by someone. Since Sony isn't getting Paramount Global from the looks of it AMC would be a perfect target for Sony to build a conglomerate of similar scale to the others that own a major movie studio as outlined in previous posts of mine in here. This new conglomerate would not include Fox News (which would change its name) so I can drop my objections to sports leagues doing business with Fox.
I mean, Bakish is going to remain as an advisor to help transition the Office of the CEO trio moving into his role but that move kind of looks awkward, now that nothing happened at all:Paramount doesn't want to split, but splitting the parts would be the more intelligent option. Hm...
"The filing says that Bakish, who formally exited April 30, will continue as a senior advisor to the company through October 31 “to help ensure a seamless transition of his duties.”"
Paramount Unveils Bob Bakish Exit Terms, Names Chris McCarthy ‘Interim Principal Executive’ For SEC Purposes
Ex Paramount CEO to get a $253k monthly salary through October as an advisor. Chris McCarthy named interim principal executive for SEC purposes.
deadline.com