12min chapter

The Varsity cover image

Media Merger Mania & The Celtics L.B.O.

The Varsity

CHAPTER

Paramount's Power Play: Legacy and Leadership Shifts

This chapter examines the tumultuous history of leadership at Paramount Global, focusing on a significant figure who resisted family control. It outlines the shifts in leadership following his death, detailing the controversial strategies employed by the new management amidst significant media mergers and acquisitions. Additionally, the chapter analyzes the impact of these corporate maneuvers on financial performance and the competitive landscape of streaming and linear TV.

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