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Bob Bakish Should Be Fired ‘to Save Paramount’ — Analyst

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Bob Bakish Should Be Fired ‘to Save Paramount’ — Analyst


Paramount was a no-show on Oscars Sunday with just two nominations (sound and visible results for “Mission: Unimaginable — Lifeless Reckoning”) and no wins, however for president and CEO Bob Bakish, Monday isn’t any higher.

This morning, media analyst Wealthy Greenfield of LightShed Companions printed a blistering open letter to Paramount controller Shari Redstone: “Expensive Shari: Why You Should Hearth Bob Bakish to Save Paramount.” Right here we go.

Greenfield mentioned Bakish was the person for the job… in 2016, when Viacom and CBS had been nonetheless cut up (and Les Moonves had the highest job at CBS a job). However with the creation of Paramount International (fka ViacomCBS), Bakish made the “important mistake” — Greenfield’s phrases — of getting wrapped up in the streaming wars.

The error, in keeping with Greenfield, was creating Paramount+. By trying to reinvent area of interest service CBS All Entry as a Netflix competitor, Paramount+ might have created a “mountain of entertainment.” When a mountain of subscribers didn’t observe, (it now has 68 million), Bakish did what others have finished: He put most of his best stuff on streaming.

APPLES NEVER FALL --

BARBIE, from left: Ryan Gosling, Margot Robbie, 2023. ph: Jaap Buitendijk / © Warner Bos. / Courtesy Everett Collection

Like different newer entrants, Paramount+ wanted to scale shortly to compete. With that in thoughts, Bakish allowed CBS’ NFL video games to reside stream on the service. This had the undesired impact of devaluing Viacom: CBS held the NFL rights, which additionally served to guard the cable channels bundled with the community.

Screw that noise, Greenfield (mainly) wrote. As an alternative, Paramount might have led a pleasant twin existence as 1) an arms-dealer studio that sells content material to the very best bidder (assume: Sony), and a couple of) a linear TV firm that leveraged NFL rights to help its little brothers MTV, VH1, Nickelodeon, Comedy Central, and so forth.

As an alternative, Bakish centered on making Paramount desirable for acquisition (oh, the irony) and apprehensive that patrons could be turned off if they may not entry Paramount’s (licensed) content material, Greenfield wrote.

A spokesperson for Paramount declined touch upon this story.

So right here we’re. Paramount+ is a middling streamer, now anticipated to be worthwhile within the U.S. in 2025. Paramount’s cable channels are dying, and its NFL video games can be found for the entry-level Paramount+ value of $5.99/month.

“Paramount+ is solely not a day by day use streaming platform,” Greenfield wrote, and Paramount International in all probability lacks “the monetary capability to get there.”

Maybe it should have sold Showtime for $3 billion when it had the prospect. Greenfield blamed that dangerous name on Bakish, too. And that’s honest, the ($3 billion) buck stops with the CEO.

Shari Redstone and Tom Cruise at the premiere of
Shari Redstone and Tom Cruise on the premiere of “Mission: Unimaginable – Lifeless Reckoning Half One”Selection through Getty Photographs

“It could already be too late to avoid wasting Paramount,” Greenfield wrote — however “the first step” is to “dramatically” cut back Paramount+ to “defend” Paramount International’s relationships with cable suppliers. (On a latest earnings name, Bakish mentioned he has “many levers to tug in these distribution offers” to maintain the MVPDs — Multichannel Video Programming Distributors — appeased.)

Step two?

“We imagine Shari Redstone and Nationwide Amusements should terminate Bob Bakish and search new management at Paramount instantly,” Greenfield wrote. “It could already be too late to avoid wasting Paramount, however a brand new strategic path is the perfect hope Redstone and Nationwide Amusements have for saving what’s left of the corporate.”

Redstone might by no means should make that call. She is at the moment in talks with David Ellison’s Skydance for a possible merger of their two firms, with the most-likely scenario seeing Ellison shopping for Redstone out of NAI (versus buying Paramount International outright). And will Paramount be taken over and Bakish fired, his fall can be cushioned by a $50 million golden parachute.

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5 greatest new motion pictures to stream this weekend on Netflix, Paramount Plus, HBO Max, and extra (Oct. 4-5)

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5 greatest new motion pictures to stream this weekend on Netflix, Paramount Plus, HBO Max, and extra (Oct. 4-5)


It is lastly beginning to really feel like fall, and the best streaming services are raking within the newest must-watch motion pictures to have a good time. With so many new movies dropping this week throughout high platforms like Netflix, HBO Max, Paramount Plus, and extra, it is the proper time to curve up for a film marathon.

Since spooky season is underway, the clear headline decide this week is “Deliver Her Again” on HBO Max, a haunting new horror movie from the administrators behind 2023’s significantly chilling “Speak to Me.” In case you’re in search of laughs as a substitute of frights, Liam Neeson’s “The Bare Gun” revival lands on Paramount Plus. “Downton Abbey” followers will probably be excited on the premium streaming launch of the third and remaining film in Julian Fellowes’ aristocratic saga. Simply you’ll want to have some tissues on standby.

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Amal and George Clooney Step Out for Glam Date Evening in London at The Albies

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Amal and George Clooney Step Out for Glam Date Evening in London at The Albies



NEED TO KNOW

  • George Clooney and Amal Clooney hosted the 2025 version of The Clooney Basis For Justice’s The Albies on the Pure Historical past Museum in London on Friday, Oct. 3
  • There, the couple arrived with Hollywood glam-inspired appears
  • Amal wore a brown off-the-shoulder robe by Atelier Versace, designed by Dario Vitale

George Clooney and Amal Clooney introduced Hollywood glam to London.

The Jay Kelly star, 64, and the lawyer, 47, stepped out for the 2025 version of The Clooney Foundation For Justice‘s The Albies in London on Friday, Oct. 3. The couple arrived arm-in-arm on the Pure Historical past Museum occasion.

Amal wore an Atelier Versace robe designed by Dario Vitale. The brown off-the-shoulder ruched look featured intricate pleats at her waistline. Her refined ensemble included a small gold clutch, gold rings and gold dangle drop earrings.

The legal professional’s lengthy brown hair was styled in curls that cascaded down her shoulders. Her make-up aligned together with her impartial and gold ensemble, with a shimmery brown eye, bronzed blush and nude lip gloss.

In the meantime, the Oscar winner coordinated with a traditional Previous Hollywood look, sporting a glossy black tuxedo with black leather-based gown sneakers.

George Clooney and Amal Clooney on October 03, 2025 in London, England.

Taylor Hill/Getty Photos


The pair’s basis established the annual occasion “to shine a protecting highlight on courageous people and teams from across the globe who, at nice private threat, have devoted their lives to preventing for justice,” per the official web site.

The Albies are named after the anti-apartheid hero Justice Albie Sachs, who acquired a Lifetime Achievement in Pursuit of Justice award on the inaugural ceremony in 2022.

The 2025 honorees embrace Gambian girls’s and ladies’ rights activist Fatou Baldeh, Guatemalan journalist José Rubén Zamora, American newspaper editor Marty Baron, philanthropist Melinda French Gates and lifelong achievement recipient Darren Walker.

George Clooney (L) and Amal Clooney on Sept. 29 in New York Metropolis.

TheStewartofNY/FilmMagic


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The couple’s London look comes days after they walked the pink carpet on the New York Movie Pageant premiere of Jay Kelly on Monday, Sept. 29.

At that occasion, Amal went flirty in a pink velvet minidress from Oscar de la Renta’s fall/winter 2025 ready-to-wear assortment. The deep pink velvet showcased her toned legs, arms and shoulders with a strapless reduce with refined ruching across the bust. The skirt of the gown was fully lined in three-dimensional, pink poppy flowers that bloomed outward to imitate actual petals.

George, in the meantime, wore a navy blue go well with with a pale blue button-down shirt and black leather-based sneakers.

George exclusively shared with PEOPLE one of many greatest classes he discovered since being along with his spouse. “The best lesson I discovered is to marry the suitable individual, which I did,” he stated. “And so, it has been nothing however an honor and a pleasure to be married to my spouse.”

The pair had been launched by a mutual pal, and commenced courting in 2013. They tied the knot on Sept. 27, 2014, in a star-studded marriage ceremony in Venice, Italy. In June 2017, the couple welcomed twins Alexander and Ella, now 8.

George additionally informed PEOPLE on the Jay Kelly premiere that he’s grateful for his household.

“I have been very fortunate to have nice household and nice associates, and my kids really like me nonetheless,” he stated. “They’re younger.”

Jay Kelly hits theaters on Nov. 14 and streams on Netflix starting Dec. 5.

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Hailee Steinfeld on Josh Allen Marriage Altering Way of life

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Hailee Steinfeld on Josh Allen Marriage Altering Way of life


Hailee Steinfeld has discovered to understand a timeout. 

The Sinners star revealed that her relationship with Josh Allen—who she tied the knot with in May following two years of courting—has taught her to get pleasure from a slower tempo of life, particularly with regards to her profession. 

In spite of everything, the Buffalo Payments quarterback’s job requires a really constant routine, whereas her performing schedule is continually altering. 

“What we do is so unpredictable, and his job is on such a strict schedule,” Hailee defined to Variety in an interview revealed Oct. 3. “So it’s truly a blessing—I attempt to set up my time so I might be the place he’s.”

And with Josh, 29, at the moment within the midst of the NFL’s 2025 common season, the Oscar nominee, 28, stated she is presently having fun with some downtime so she will cheer him on throughout his video games.

“This time of 12 months, I get to hunker down, decelerate, help him and reside life,” she continued. “When the offseason rolls round, it’s go-time for me.”

Up to now, taking time without work work wasn’t precisely an everyday incidence for Hailee. 

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