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Paramount to potentially oust CEO Bob Bakish: WSJ

Julie Hyman et Jared Blikre

According to a Wall Street Journal report, Paramount Global (PARA) is considering removing current CEO Bob Bakish from his position and allowing a committee of top executives to run the company on an interim basis.

Yahoo Finance Anchors Julie Hyman and Jared Blikre break down the latest development for Paramount and outline what the potential sale of the media conglomerate would involve.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Nicholas Jacobino