Paramount Global replaced Chief Executive Officer Bob Bakish, appointing a management committee as the board negotiates a possible change in control of the company. Three of Paramount’s most senior executives — film and kids programming chief Brian Robbins, Showtime/MTV head Chris McCarthy and George Cheeks, who leads CBS — will run the company, according to a statement released Monday.

Bloomberg TV and Radio hosts Romaine Bostick, Scarlet Fu, Tim Stenovec and Emily Graffeo discuss the news. Then, Tim and Emily speak with Bloomberg News Entertainment Editor Chris Palmeri for analysis and reaction.  

Paramount Global replaced Chief Executive Officer Bob Bakish, appointing a management committee as the board negotiates a possible change in control of the company. Three of Paramount’s most senior executives — film and kids programming chief Brian Robbins, Showtime/MTV head Chris McCarthy and George Cheeks, who leads CBS — will run the company, according to a statement released Monday.
Bloomberg TV and Radio hosts Romaine Bostick, Scarlet Fu, Tim Stenovec and Emily Graffeo discuss the news. Then, Tim and Emily speak with Bloomberg News Entertainment Editor Chris Palmeri for analysis and reaction.

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Instant Reaction: Paramount CEO Bob Bakish Is Out

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5546c576-649d-4917-8175-b1610156b93d/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Elon Musk has vowed to distribute a share of SpaceX to each child in the US, a multibillion-dollar pledge that adds to a string of sizable donations from the tech industry for the benefit of the American public. While Musk didn’t specify how he intends to make such a donation, he has agreed in principle to distribute the stock through the Trump Accounts initiative, according to a person familiar with the matter.

For a closer look, we speak with Bill Allison, Bloomberg News Campaign Finance Reporter.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> Elon Musk&nbsp;has vowed to distribute a share of&nbsp;SpaceX&nbsp;to each child in the US, a multibillion-dollar pledge that adds to a string of sizable donations from the tech industry for the benefit of the American public. While Musk didn&rsquo;t specify how he intends to make such a donation, he has agreed in principle to distribute the stock through the&nbsp;Trump Accounts initiative, according to a person familiar with the matter. For a closer look, we speak with Bill Allison, Bloomberg News Campaign Finance Reporter.

Musk Plans to Gift SpaceX Shares to Kids Through Trump Accounts

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ce65f53f-cbcd-4f29-8e32-b4e801585c24/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

A rebound in chipmakers buoyed the stock market Monday as dip buyers emerged on bets the artificial-intelligence investment boom will continue to support solid earnings. The advance in tech stocks lost steam last week as investors questioned the sustainability of AI spending, given the outlook for higher rates. This week’s earnings from Meta Platforms will provide a fresh proving ground for confidence in the AI trade, while SpaceX, Tesla, and Meta are also due to report. The industry is still set to account for nearly 70% of global earnings growth next year, according to Citigroup.

On today's episode:


Mandeep Singh, Bloomberg Intelligence Global Head of Technology
Dan Ives, Partner at Yorkville Ives & Co.
Perplexity CEO Aravind Srinivas & Ed Ludlow, Host of Bloomberg Tech
Sophie Alexander, Bloomberg New Wealth Reporter & Alex Rajbhandari, Bloomberg News US Insurance Reporter

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> A rebound in chipmakers buoyed the stock market Monday as dip buyers emerged on bets the artificial-intelligence investment boom will continue to support solid earnings. The advance in tech stocks lost steam last week as investors questioned the sustainability of AI spending, given the outlook for higher rates. This week&rsquo;s earnings from Meta Platforms will provide a fresh proving ground for confidence in the AI trade, while SpaceX, Tesla, and Meta are also due to report. The industry is still set to account for nearly 70% of global earnings growth next year, according to Citigroup. On today's episode: 
<ul>
<li>Mandeep Singh, Bloomberg Intelligence Global Head of Technology</li>
<li>Dan Ives, Partner at Yorkville Ives &amp; Co.</li>
<li>Perplexity CEO Aravind Srinivas &amp; Ed Ludlow, Host of Bloomberg Tech</li>
<li>Sophie Alexander, Bloomberg New Wealth Reporter &amp; Alex Rajbhandari, Bloomberg News US Insurance Reporter</li>
</ul>

SpaceX, Tesla, Meta Headline Week's Big Tech Earnings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6c25e6e7-fd1c-43da-8a2c-b4e8016716ee/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Katie Zacharia will no longer serve as President Donald Trump’s press secretary after spending less than a week on the job, thrusting the White House’s communications operation back into a state of chaos. Trump has previously cited Republicans' messaging as a pain point in recent remarks. Elsewhere, the Texas Senate race has turned into one of the most expensive in history. Elon Musk gave $158 million to the GOP’s main super PAC backing Senate candidates in September, according to the latest filings from the Federal Election Commission. Meantime, AI has emerged as a volatile issue in the midterm elections that will decide control of both houses of Congress, while Americans still grapple with affordability as conflict in the Middle East continues to weigh on energy prices. 

Henrietta Treyz, Director of Economic Policy as Veda Partners, examines the path to the November 3rd midterm election.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> Katie Zacharia will no longer serve as President Donald Trump&rsquo;s press secretary after spending less than a week on the job, thrusting the White House&rsquo;s communications operation back into a state of chaos. Trump has previously cited Republicans' messaging as a pain point in recent remarks. Elsewhere, the Texas Senate race has turned into one of the most expensive in history.&nbsp;Elon Musk&nbsp;gave $158 million to the GOP&rsquo;s main super PAC backing Senate candidates in September, according to the latest filings from the Federal Election Commission. Meantime, AI has emerged as a volatile issue in the midterm elections that will decide control of both houses of Congress, while Americans still grapple with affordability as conflict in the Middle East continues to weigh on energy prices. Henrietta Treyz, Director of Economic Policy as Veda Partners, examines the path to the November 3rd midterm election.

 Affordability, Messaging in Focus as US Midterms Approach

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9bdb3daa-c7c1-43ed-b43b-b4e5013bd6c1/transcript

Instant Reaction: Paramount CEO Bob Bakish Is Out

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