Paramount Global (PARA, PARAA) assures co-CEOs Chris McCarthy, George Cheeks, and Brian Robbins will receive their cash bonuses whether or not they stay on in leadership roles upon the completion of the media giant's merger with Skydance Media in 2025.

Yahoo Finance senior entertainment reporter Alexandra Canal details the three co-CEOs' severance package options, according to a recent SEC filing.

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This post was written by Luke Carberry Mogan.