Viacom CEO Heads to LA, Sets Interim Paramount Leadership After Brad Grey

Bakish will most likely remain in Los Angeles to attend Sunday’s Academy Awards ceremony, where many conglomerate heads rub elbows with their executives and stars.

Last year was particularly painful with misses like “Whiskey Tango Foxtrot,” “Zoolander 2,” Martin Scorsese’s “Silence” and “Monster Trucks” — an effects-driven action film on which the studio took a $115 million write-down months before its unceremonious arrival in theaters.

In the last few weeks, the studio announced a slew of new movie projects, including the spy thriller “A Woman of No Importance” starring “Star Wars” breakout Daisy Ridley, the comedy “Action Park” for producer-star Johnny Knoxville and a possible sci-fi franchise with Jerry Bruckheimer.

Impossible series, not to mention prestige titles — Paramount has 18 Academy Award nominations this year alone, and two in the Best Picture category.