Last of Paramount Co-CEO triumvirate signs off
Last of Paramount Co-CEO triumvirate signs off
Brian Robbins Calls Paramount-Skydance Merger ‘Bittersweet’ in Memo to Staff Amid His Exit as Co-CEO
Variety reports that “Brian Robbins Calls Paramount-Skydance Merger ‘Bittersweet’ in Memo to Staff Amid His Exit as Co-CEO”
David Ellison, the founder of Skydance, will become chairman and CEO of Paramount. Andy Gordon, who leads the West Coast office of RedBird Capital Partners, is set to take the role of chief operating officer and chief strategic officer. RedBird teamed with Skydance to acquire Paramount Global for $8.5 billion.
Looking at how Paramount, since 2021, has failed to deliver on a new Star Trek movie, arguably wound down three successful shows prematurely, it’s difficult to see that this leadership team has done well by the franchise.
Looking at the apparent expeditious compromises Paramount leadership and Shari Redstone were willing to make to clear the way for the sale, I’m willing to look forward to see what comes next.