Bob Bakish

Chief Executive Out At Paramount Pictures

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Viacom announced the departure of the top executive at Paramount Pictures, which has struggled for profit and was at the heart of a recent corporate power battle. Brad Grey will give up his role as chief executive at Paramount, remaining for a time as Viacom searches for someone to take his place, according to a … Read more

Paramount Pictures In $1bn Deal With China Film Companies

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Viacom Inc’s Paramount Pictures will receive a $1 billion cash investment from two Chinese film companies, Shanghai Film Group and Huahua Media, giving the U. S. studio needed cash and stability as it attempts to grow. As part of the agreement, Shanghai Film Group and Huahua Media will finance a combined 25 percent of all … Read more