Earlier this week, Shari Redstone and Bob Bakish genuflected to Wall Street’s streaming demands by going as far as changing the name of their mashed-up company, ViacomCBS (which neither Wall Street nor Shari’s father ever wanted mashed up, by the way), to Paramount Global. Investors responded by dumping the stock, in one massive exhale, to celebrate the lipstick choreography.
Shari’s Choice, A Netflix Moment & More
William D. Cohan
February 20, 2022
