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.

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Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: http://bit.ly/3vTiACF.

Listen for investment news and in-depth company research. Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze markets, companies and industries.

Bloomberg Intelligence

Instant Reaction: Paramount CEO Bob Bakish Is Out

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/964469d4-4041-4a18-9869-b161015dd65e/transcript

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Stacey Vanek Smith

- Ryan Vlastelica, Bloomberg Equities Reporter, discusses earnings from Cisco Systems.  Cisco Systems  jumped by the most in more than 14 years after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market.

- Dan Ives, Global Head of Technology Research at Wedbush Securities, discusses the Trump/Xi summit and how it impacts tech. President Trump has landed in China for the much anticipated summit with Xi where the two are scheduled to meet on Thursday and Friday, arriving at a critical moment for the tech cycle as geopolitics, chip export policy, and surging demand for compute are colliding, making the outcome critical for Nvidia, hyperscalers, and the greater tech ecosystem.

- Jody Lurie, Bloomberg Intelligence Credit Analyst, discusses the latest Bloomberg Intelligence travel survey. According to BI: At 65%, personal-safety concerns peaked in BI's US travel survey conducted April 17-28 amid the Middle East conflict, US policies towards visas and other geopolitical tensions. This may be affecting how much people travel internationally, as seen in a decline in respondents from the survey conducted in November.

Watch Paul and Scarlet LIVE every day on YouTube:&nbsp;<a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Bloomberg Intelligence hosted by Paul Sweeney and Stacey Vanek Smith - Ryan Vlastelica, Bloomberg Equities Reporter, discusses earnings from Cisco Systems. &nbsp;Cisco Systems &nbsp;jumped by the most in more than 14 years after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market. - Dan Ives, Global Head of Technology Research at Wedbush Securities, discusses the Trump/Xi summit and how it impacts tech. President Trump has landed in China for the much anticipated summit with Xi where the two are scheduled to meet on Thursday and Friday, arriving at a critical moment for the tech cycle as geopolitics, chip export policy, and surging demand for compute are colliding, making the outcome critical for Nvidia, hyperscalers, and the greater tech ecosystem. - Jody Lurie, Bloomberg Intelligence Credit Analyst, discusses the latest Bloomberg Intelligence travel survey. According to BI: At 65%, personal-safety concerns peaked in BI's US travel survey conducted April 17-28 amid the Middle East conflict, US policies towards visas and other geopolitical tensions. This may be affecting how much people travel internationally, as seen in a decline in respondents from the survey conducted in November.

Cisco Jumps Most Since 2011 on Sales Outlook 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/301ecef4-3b0a-409e-8223-b44a0113adae/transcript

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

*Broadcasting From Eisner Amper West Coast Real Estate Summit in San Francisco, CA*

-  Ed Ludlow, BTech Co-Anchor, discusses Anthropic being is in early talks with investors to raise at least $30 billion in fresh financing at a valuation of more than $900 billion. The round is expected to close as soon as the end of this month, but the deal is not finalized and no term sheet has been signed.

-Tarun Raisoni, CEO at Gruve AI, discusses the impact of AI on real estate. Gruve is an enterprise AI services platform that helps businesses move from AI experimentation to full-scale deployment. Its five-step framework covers strategy, data readiness, model development, security, and governance. By using AI agents to automate tasks like CRM migration and security monitoring, Gruve streamlines operations and integrates directly into client systems to deliver scalable, engineering-driven solutions with software-level efficiency.

-Ned Segal, Chief of Housing and Economic Development for the City and County of San Francisco, discusses leveraging partnerships in SF/real estate. Topics include what has changed for a small business owner trying to open their doors in this city today versus two years ago, office demand, and where SF stands with the current AI cycle. Ned is a passionate San Franciscan. He previously served as CFO at Twitter, SVP of Finance for Intuit’s Small Business Group, and a board member of Tipping Point Community.

Watch Paul and Scarlet LIVE every day on YouTube:&nbsp;<a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu *Broadcasting From Eisner Amper West Coast Real Estate Summit in San Francisco, CA* - &nbsp;Ed Ludlow, BTech Co-Anchor, discusses Anthropic being is in early talks with investors to raise at least $30 billion in fresh financing at a valuation of more than $900 billion. The round is expected to close as soon as the end of this month, but the deal is not finalized and no term sheet has been signed. -Tarun Raisoni, CEO at Gruve AI, discusses the impact of AI on real estate. Gruve is an enterprise AI services platform that helps businesses move from AI experimentation to full-scale deployment. Its five-step framework covers strategy, data readiness, model development, security, and governance. By using AI agents to automate tasks like CRM migration and security monitoring, Gruve streamlines operations and integrates directly into client systems to deliver scalable, engineering-driven solutions with software-level efficiency. -Ned Segal, Chief of Housing and Economic Development for the City and County of San Francisco, discusses leveraging partnerships in SF/real estate. Topics include what has changed for a small business owner trying to open their doors in this city today versus two years ago, office demand, and where SF stands with the current AI cycle. Ned is a passionate San Franciscan. He previously served as CFO at Twitter, SVP of Finance for Intuit&rsquo;s Small Business Group, and a board member of Tipping Point Community.

Anthropic in Talks to Raise $30 Billion at $900 Billion Value 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d703bc0d-8968-444b-bd80-b449011110fa/transcript

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Cecilia D'Anastasio, Bloomberg Video Game Reporter, discusses EBay rejecting a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the unsolicited bid as “neither credible nor attractive.” EBay’s board turned down the offer due to “uncertainty” around the financing plan, operational risks, and GameStop’s governance, among other factors.

-Lily Meier, Bloomberg Retail Reporter, discusses Under Armour. Shares sank after its guidance for this year missed Wall Street projections, weighed down by exiting a partnership with NBA star Stephen Curry and a financial hit from the conflict in the Middle East. Annual revenue will decline slightly, but it would have been little changed if the company still had the deal with Curry, the sporting-goods maker said Tuesday. Analysts on average projected a gain of about 2%. 

-Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses the Bloomberg Big Take story: “Boeing Bets Comeback on Trump, China and an Elusive New Plane.” Boeing’s new CEO, Kelly Ortberg, must soon decide how to replace the workhorse 737 aircraft, as the company tries to regain public trust after a series of sometimes deadly accidents. He's also trying to land a big sales deal in China, with Trump's help. Both the sale and the new plane will be key to reviving the aerospace giant.

-- Gautam Mukunda, Lecturer at Yale School of Management and Bloomberg Opinion contributor, discusses his Bloomberg Opinion column: “AI Isn’t Built for Bar Weather’s Black Swan Era.” AI models are matching or outperforming physics-based models in medium-range weather forecasting and are faster and require less computational infrastructure. These models struggle with extrapolating outside their training data, which can lead to failures when they encounter unusual weather patterns.

Watch Paul and Scarlet LIVE every day on YouTube:&nbsp;<a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -Cecilia D'Anastasio, Bloomberg Video Game Reporter, discusses EBay rejecting a $56 billion takeover offer from&nbsp;GameStop Corp.&nbsp;Chief Executive Officer&nbsp;Ryan Cohen, describing the unsolicited bid as &ldquo;neither credible nor attractive.&rdquo; EBay&rsquo;s board turned down the offer due to &ldquo;uncertainty&rdquo; around the financing plan, operational risks, and GameStop&rsquo;s governance, among other factors. -Lily Meier, Bloomberg Retail Reporter, discusses Under Armour. Shares sank after its guidance for this year missed Wall Street projections, weighed down by exiting a partnership with NBA star Stephen Curry and a financial hit from the conflict in the Middle East. Annual revenue will decline slightly, but it would have been little changed if the company still had the deal with Curry, the sporting-goods maker said Tuesday. Analysts on average projected a gain of about 2%.&nbsp; -Sid Philip, Bloomberg Chief Correspondent for Global Aviation, discusses the Bloomberg Big Take story: &ldquo;Boeing Bets Comeback on Trump, China and an Elusive New Plane.&rdquo; Boeing&rsquo;s new CEO, Kelly Ortberg, must soon decide how to replace the workhorse 737 aircraft, as the company tries to regain public trust after a series of sometimes deadly accidents. He's also trying to land a big sales deal in China, with Trump's help. Both the sale and the new plane will be key to reviving the aerospace giant. -- Gautam Mukunda, Lecturer at Yale School of Management and Bloomberg Opinion contributor, discusses his Bloomberg Opinion column: &ldquo;AI Isn&rsquo;t Built for Bar Weather&rsquo;s Black Swan Era.&rdquo; AI models are matching or outperforming physics-based models in medium-range weather forecasting and are faster and require less computational infrastructure. These models struggle with extrapolating outside their training data, which can lead to failures when they encounter unusual weather patterns.

 EBay Spurns GameStop’s Bid as ‘Neither Credible Nor Attractive’

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ef3b6165-18da-4e37-a76e-b4480112a5df/transcript

Instant Reaction: Paramount CEO Bob Bakish Is Out

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