[52][53], In 2018, Bakish's implementation of his five-point comprehensive strategy was credited with Viacom's much improved finances and improved company morale and focus. So that's really the ad market. Filters. Robert Bakish earned praise for his work, 7. Mr. Phillips earned a BS in Computer Science from the U.S. Air Force Academy, an MBA from Hampton University and a JD from New York Law School, and he is a member of the Georgia State Bar Association. Sort of everyone, but Netflix is losing billions a year on streaming. Ms. Redstone earned a BS from Tufts University, and a JD and a Masters in Tax Law from Boston University. Rick Caruso fields media questions on Thursday. Please note that in addition to our earnings release, we have trending schedules containing supplemental information available on our website. As a Democrat, Im a centrist, Caruso said, describing himself as fiscally conservative but socially accepting of how people want to live their lives., He didnt want to return to the Republican Party, he said, because he worried about the direction it was heading. June 2, 2022 2:27 PM PT. We haven't provided any kind of specific cadence of exactly what that looks like from year to year, but we're continuing to invest and manage the business with those goals. Continuing as we have to make those decisions prudently with a real eye towards the ROI of the investments, what we don't want to do is sacrifice a long-term opportunity by overreacting to some of the short-term headwinds that obviously exist, particularly in the advertising marketplace today. Joining me for today's discussion are Bob Bakish, our President and CEO; and Naveen Chopra, our CFO. Danbury, Connecticut. Ms. Byrne has held a number of board positions, including as a member of the New York City Board of the British-American Business Council, an Executive Committee Member of the Mount Holyoke College Board of Trustees, Chairman of the Finance Committee at Mount Holyoke College, a member of the Audit Committee of Mount Holyoke College, and a member of Stuart Country Day School. That would bring the number down to 56,000 voter registrations (theres some irony in the swelling ranks of non-party voters actually making it easier to create a new party). My name is Elliott, and I'll be the conference operator today. Bakishs leadership was integral to the successful merger of Viacom and CBS as he led the transformation efforts within the new company, combining two great cultures, formalizing a best-in-class leadership team and aligning the organization around strategic growth priorities centered on streaming. Could you maybe just think about what the drivers for stable guidance might be for next year, especially since you're comping political? She has served as Chairman of the Board of Directors of The Doe Fund since 2017. Viewers keep turning to our networks for their favorite content, and advertising partners are eager to get a share of it all. Our next question comes from Brett Feldman from Goldman Sachs. We had broadcast and cable pricing increase at the same high single-digit rate. Share. He went on to attend Columbia University where he studied in their School of Engineering and Applied Science. And did you see the whole benefit of the initial launch in Q2? Nowhere is our popularity more evident than at the box office. iSideWith.com is the worlds most popular voting guide for citizens to find information about elections, political parties, candidates, voting districts and popular political issues in their country. Click here to contact our editorial staff, and click here to report an error. And any additional color on the outlook for Pluto in the back half of the year, given what you saw in 2Q? [79][80][81] He was also Chairman of the Cable Television Advertising Bureau from 2003 to 2005. Pluto TV is already the #1 free ad-supported streaming television service in the U.S. And this quarter, monthly active users grew to nearly 70 million globally. if(document.getElementsByClassName("reference").length==0) if(document.getElementById('Footnotes')!==null) document.getElementById('Footnotes').parentNode.style.display = 'none'; What's on my ballot? But obviously, given the macro advertising headwinds and the fact that there's a little bit less visibility in the back half of the year, it's possible we may not get all the way to that 60%. [7][6], Last edited on 12 February 2023, at 23:50, School of Engineering and Applied Science, "ViacomCBS Chief Bob Bakish: 'We Are Hitting the Ground Running in 2020', "Viacom CEO Bob Bakish pushes turnaround plan for Paramount and MTV: 'I look under the hood'", "Viacom CEO Robert Bakish '81 To Keynote Commencement", "Robert M. Bakish: Dwight-Englewood School 1981 Honored 2011", "Address by 2013 Class Day Speaker Robert M. Bakish, Viacom International Media Networks CEO", Columbia University School of Engineering and Applied Science, "Viacom Shuffles Operations Under New Co-President", "Armstrong Wins; Susan Buffett Dies; Intel's Bryant Sees Cash", "Update 3: Freston Shakes Up Viacom Ranks", "MTV Networks International appoints Bakish president", "Viacom's Bob Bakish to speak at IGNITION", "The big picture is that you can do business here: Robert M Bakish", "It was a go big or go home play: Bob Bakish recalls Viacom18s early days", "People Business; Starring: Robert M. Bakish CEO, Viacom International Media Networks, Shailesh Rao, Vice President, International Operations, Twitter, Tom Mendoza, Vice Chairman, NetApp", "Bill Roedy steps down as CEO of MTV Int'l", "Viacom Promotes Robert Bakish to CEO of All International Networks", "Robert Bakish Named President & CEO of Viacom International Media Networks", "Viacom's new CEO pursues turnaround with CBS out of the picture", "Viacom Names Robert Bakish Acting President, CEO", "Viacom unveils Play Plex mobile TV apps", "Viacom International Launches Direct-to-Consumer SVOD App BET Play", "Viacom Names Bob Bakish Acting CEO When Tom Dooley Steps Down", "Viacom names Robert Bakish as acting CEO", "At Viacom, Bob Bakish Enjoys Swift Rise", "Heres Viacoms New 5-Point Strategic Plan: 6 Brands, Deeper Integration of Paramount", "Viacom Unveils Focus on Flagship Brands, 'Deeper Integration' of Paramount Pictures", "Viacom CEO Vows To Make Company More Focused And Forward-Looking", "Viacom Sets Radical Revamp of Cable Operations, Adapting to Skinny-Bundle Era", "How CEO Bob Bakish Plans to Make Viacom Great Again", "Viacom to Narrow Focus to Six Key Cable-TV Channels", "Viacom Well Along in Process for New Leadership at Paramount", "Viacom CEO Bob Bakish Says Non-Sports Bundles Are Future of Pay-TV", "How Viacom Is Emerging From Its Reorganization", "Viacom CEO Talks Paramount Turnaround, TV Production Growth But Stays Mum on CBS Talks", "Viacom One Year Later: Whats Better and What Still Needs Work as Possible CBS Reunion Looms", "Viacom Courts The Youth Vote With VidCon, WHOSAY", "Viacom Has Officially Acquired VidCon, A Global Online Video Convention Series", "Viacom Acquires AwesomenessTV; CEO Jordan Levin to Depart", "Viacom to Launch Streaming Service Later This Year, CEO Says", "Viacom, Owner Of Comedy Central And Nickelodeon, Will Launch A Streaming Service This Fall", "Viacom plans direct-to-consumer streaming service", "Viacom Plots Launch of Streaming Service", "Viacom CEO: Companys New Streaming Service to Complement Existing OTT Services", "Viacom Digital Studios Makes Digital Content NewFronts Debut", "Viacom Unveils Digital Studio With Series Slate, VidCon Expansion", "Viacom Formally Introduces Viacom Digital Studios At NewFront", "Viacom Digital Studios Unveils Digital Slate, Including, "Left on Merger Sidelines, Viacom Strikes Netflix Deal", "Viacom strikes Nickelodeon deal with Netflix", "As Part Of Major Strategic Shift At Viacom, Nicks, "The Hollywood Reporter 100: The Most Powerful People in Entertainment 2018", "CBS and Viacom Reveal December Merger Date - Mark Your Calendars", https://en.wikipedia.org/w/index.php?title=Bob_Bakish&oldid=1139023203, This page was last edited on 12 February 2023, at 23:50. Importantly, the vast majority of the year-over-year decline occurred in international markets where we proactively restructured key affiliate deals, resulting in a shift of revenue from our Pay TV to D2C services. Paramount Global (NASDAQ:PARA) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET, Robert Bakish - President, CEO & Directorr, Jessica Reif Ehrlich - Bank of America Merrill Lynch. Their poll released Wednesday found 56% of those surveyed say Newsom is doing a good job. As you know, we're -- our goal is to drive the growth on the D2C business to over $9 billion of revenue by the end of 2024. Nothing is certain except death, taxes and Rick Caruso is a Republican. Packaged goods is managing through inflation issues, which is really impacting their ad spending as they look to protect margins. So to your question of it being a price taker, sure, we play in the programmatic market. But nonetheless, we have experience, we have assets, we have relationships, and those provide real leverage, including in streaming. And I note that we are seeing some areas of category strength, including in Q2 and today, travel, technology. Well, look, we see both headwinds and tailwinds in advertising. Overview Policies Discuss Ratings Themes Ideology. We want to hear from you! But I think it'll probably be relatively close. And therefore, we're really excited about it because we get the very material benefit of cricket, and cricket is at the top of the food chain in India. [82][83], Bakish and his wife Dee live in New York and have two daughters. Try it now! We know how to transact in scatter. The reason we got the CJ deal done in South Korea is we've been there for years, there, in a joint venture. Robert Bakish has 1 Voter Record There is 1 voter registration record for Robert Bakish. And then we have Germany and Austria and Switzerland with Sky in December, I believe, as well as France with CANAL+. Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology. And the 2022 cycle is starting to look like it could mirror the California gubernatorial reelection blowout wins for Gov. We also saw sequential growth in hours per act. We continue to maintain significant financial flexibility, which will increase with the addition of proceeds from the sale of Simon & Schuster &. We've got more captivating content on the way, and our multi-platform approach will drive even more viewers to streaming. (Sam Hodgson/The San Diego Union-Tribune), Do Not Sell or Share My Personal Information, a Green Party member who won a special Assembly election in 1999, that the final price tag was $200.2 million, could curb absenteeism and narrow inequities, A new bill in the state Senate could change that, collect information from parents about guns stored at home, is accelerating an effort to move incarcerated people off death row, who served as Californias education secretary, Man arrested in connection to 7 bombings in Fresno has links to hate group, authorities say, Vote on LAPD transit patrols sparks City Hall debate over safety on Metro system, UCLA, UCSF hospital nurses voice complaints about overcrowding, staffing shortages, Couple sues Pasadena fertility clinic after baby is born with stomach-cancer gene. Prior to joining Hueston Hennigan, Mr. Klieger was a Partner at Irell & Manella LLP and a Founding Partner at Kendall Brill & Klieger LLP. Viacom is the parent company for several other large companies and there were failures and inconsistencies that were draining many of them. Copyright 2022 Paramount All Rights Reserved. So it's -- for us, it's really about continuing to build the asset value, and we do that by having a great slate that will continue to be heavy on franchises. over Zoom, Caruso did not correct the interviewers mistaken impression that he had remained a no-party-preference voter from 2011 until registering as a Democrat in 2022. . So we're very excited about this transformation journey that we're on. iSideWith shows which candidates you side with based on the political issues selected most important to you. [6][7] He earned an MBA from Columbia Business School in 1989. In addition to his responsibilities as CEO he is also charged with sitting on Viacoms Board of Directors. At the same time, he guided the company to launch Viacom Play Plex and other innovative mobile streaming offerings that introduced a new generation of young audiences to Viacoms popular brands and IP. Caruso could be right about that. I was wondering if you could give us color on IPL? This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. We continue to monetize them from a catalog perspective. The partys name is no accident, of course, as the group references the American Revolution-era writings of Thomas Paine on its website. Ms. Seligman served as law clerk to Justice Thurgood Marshall on the Supreme Court of the United States from 1984 to 1985 and as law clerk to Judge Harry T. Edwards at the U.S. Court of Appeals for the District of Columbia Circuit from 1983 to 1984. Personal Freedom. So on your first question, inflation, in our business, we actually saw inflation a while ago, really more in the production side of the house related to talent and competition therein. Campbells career in Republican politics ended in 2010 with a failed U.S. Senate primary campaign as his centrist Republican views were drowned out by the rise of the tea party movement and the eventual election of former President Trump in 2016. Bakish is responsible for turning the Viacom company around and improving its financial situation. In most of the nation's largest cities, mayoral elections are officially nonpartisan.However, many officeholders are affiliated with political parties. When I was a Republican, I was a centrist. I'd note that the supply side of Pluto continues to track very strongly. Both of those have hard bundle elements to them. Third, we're in the free streaming space and the pay streaming space. She has worked with executives at AARP, Ascena, Ann Inc., Blackstone, CitiVentures, Coach, Kohls, IBM, eBay, Facebook, GE, Target, Starbucks, Oprah Winfrey Network, Weight Watchers, Viacom, The CW and Yahoo!, among many others. Operations: Meghann Olshefski Mandy Morris Kelly Rindfleisch Meanwhile, in markets like India and Eastern Europe, we're focused on balancing long-term market growth with a smart allocation of capital. What did Disney actually lose from its Florida battle with DeSantis? Darry Sragow, a veteran Democratic strategist and publisher of the nonpartisan California Target Book, thought that Carusos repeated changes in party affiliation could raise questions for voters. Kevin de Len just postponed Wakanda Forever screening after uproar, 12 reasons why Sycamore Avenue is L.A.s coolest new hangout, Student debt is a crisis: Activists rally outside Supreme Court for loan forgiveness, Couple sues Pasadena fertility clinic after baby is born with stomach-cancer gene, Legislators propose changes to Californias conservatorship law, Los Angeles Mayor Karen Bass endorses Rep. Barbara Lee in Senate race, Sirhan Sirhan, convicted of killing Robert F. Kennedy, denied parole by California board, From Tahoe to Yosemite to Arrowhead, heavy snow buries California mountain communities. Yes. He has donated more frequently to Democratic politicians in recent years, including contributions to the congressional campaign of his now-opponent Bass in 2010 and 2011. We are currently researching Robert Bakishs political policies. RB >RB Party's support base May 1st . [25][36] He oversaw the expansion of networks such as Nickelodeon, Comedy Central and Spike to an increasing number of foreign markets,[25][36] and helped orchestrate the acquisition of Channel 5 in the UK and Telefe in Argentina. The Board takes any allegation of this type seriously. We'll end this spectacular year with Damien Chazelle's Babylon, starring Brad Pitt and Margot Robbie, which begins its theatrical rollout in December. Despite L.A.s global image as a place of glamour and glitz, city voters have tended to select mayors who have done time on the government payroll. as evidenced by sequential and year-over-year growth in titles viewed per active domestic subs. Warmer storms could cause problems, Rick Caruso could soon be L.A. mayor. Technology in January 1998. We are independent and not affiliated with any investors, shareholders, political parties or interestgroups. Compensation Committee Chair, Audit Committee Member. As of September 2022, California officially recognized six political parties: the American Independent, Democratic, Green, Libertarian, Peace and Freedom, and Republican parties. We said at that time that, that would involve D2C content expense of around $6 billion. By the time he was finished, the company was in much better condition and he had achieved several objectives for improving Viacom which earned him respect in the industry and accolades. So we're continuing to move forward. We've seen some price increases at different streaming services. Those windows are now expanding in terms of -- it's not just about box office and home entertainment and then going to third parties, we can generate a lot of value out of those assets on our streaming services. In this role, which he assumed in December 2019, Bakish is responsible for growing the company's creative assets, content capabilities and streaming services to serve important and diverse audiences, which consume over 30 billion hours of Paramount content globally across more than 180 countries. Nominating and Governance Committee Chair. Affiliate and subscription revenue grew 12% in the quarter. We have always executed with financial discipline, and we continue to be laser-focused on it. Paramount+ will also debut a criminal minds revival, building on what is already a fan favorite. Although there are hundreds of political parties in the United States, only certain parties qualify to have the names of their candidates for office printed on election ballots. And therefore, we see sub growth not only coming from really engagement from the hard bundles where more and more people use it, but we also see those other 2 pillars of the distribution strategy beginning to kick in, and in fact, they already have. TV Media OIBDA declined 8% in the quarter to $1.4 billion, reflecting the flow-through of lower advertising and affiliate revenue. Los Angeles, Review: A reimagined Secret Garden fails to flower anew at the Ahmanson Theatre, High school basketball: Southern California and Northern California Regional results and updated pairings, Im visiting all 600 L.A. spots on the National Register. Prior to the recombination of Viacom and CBS, Bakish was the President and Chief Executive Officer of Viacom since December 2016. I'll start this morning by talking about Q2 highlights and preview what's next. Paramount+ added 4.9 million global subs, while our other streaming services grew modestly. Those launches are performing above our expectations. Reconciliations of these non-GAAP financial measures can be found in our earnings release or in our trending schedules, which contains supplemental information and in each case, can be found in the Investor Relations section of our website. The effort shares some of its political DNA with the idea behind Californias top-two primary, an effort many thought would elect more centrist lawmakers. Prior to SYPartners, Ms. Schuman was the General Manager of Studio Archetype, one of the first premier web design firms in the U.S. She also ran her own marketing and product strategy consulting firm. So I was curious if you had an updated view on what the appropriate level of content spend is evolving into for Paramount, whether that's for the total company or just for DTC? Campaign finance requirements in California, Campaign finance requirements for California ballot measures, Ballot access requirements for political candidates in California, Ballot access requirements for political parties in California, Ballot access requirements for presidential candidates in California, Oil and gas extraction on federal land in California, Effect of the Affordable Care Act in California, Ballot access for major and minor party candidates, Ballot access for presidential candidates, List of political parties in the United States, Methods for signing candidate nominating petitions, Ballotpedia's Election Administration Legislation Tracker, Election legislation tracking: weekly digest, Election legislation tracking: list of sub-topics, Ken Carbullido, Vice President of Election Product and Technology Strategy, https://ballotpedia.org/wiki/index.php?title=Political_parties_in_California&oldid=8432598, Ballot-qualified political parties by state, Conflicts in school board elections, 2021-2022, Special Congressional elections (2023-2024), 2022 Congressional Competitiveness Report, State Executive Competitiveness Report, 2022, State Legislative Competitiveness Report, 2022, Partisanship in 2022 United States local elections, As of September 2022, California officially recognized six political parties: the, In some states, a candidate may choose to have a label other than that of an officially recognized party appear alongside his or her name on the ballot. Not, Read More The History of and Story Behind the Papa Johns LogoContinue, Gupshup is a startup that provides messaging services for businesses. The issue is a sensitive one for companies, ViacomCBS in particular. The first is, to what extent are you seeing any inflationary cost pressures in the business? [76] He is also on the Board of Directors at Avid Technology, Inc.[22], He is on the Board of Overseers at Columbia Business School,[6] and is also an active member of its Media & Technology Forum. This week, the effort came up short. Earl Warren in 1950, Gov. She is a member of the Board of Trustees at Dana Farber Cancer Institute. Caruso leaves Grand Central Market on Thursday. I just wanted to pick up on some of the Pluto line of questioning. One on content spend and one on film entertainment, if I could. She previously served on the board of ALSTOM, a public French transport company. Menu Candidates > Robert Bakish > Policies > Healthcare > Stay-At . The yellow school bus has become an increasingly rare sight in California. Campbell's career in Republican politics ended in 2010 with a failed U.S. Senate primary campaign as his centrist Republican views were drowned out by . Look, we've been big believers in the dual revenue stream model in streaming, i.e., advertising from the start and the fact that others are following our lead is really a validation of the thesis we've had for years. Ms. Seligman has extensive media industry experience with various leadership roles at a major media conglomerate, public company and corporate governance experience, and exceptional achievements in the legal profession. We now turn to Rich Greenfield from LightShed Partners. Over the term of these deals, the reduction in TV Media affiliate revenue is expected to be more than offset by revenue generated from our Paramount+ hard bundle relationships, resulting in net growth to the company. So thanks for that color on the second half growth. And fourth, we have this global operating footprint. What the dollar commitment -- your commitment is and what your goals are there? Wed, Feb 16 20228:34 AM EST. He was responsible for the oversight of all of MTV Networks business operations outside of the United States. And we know how to transact in upfront. Campbells group went the route of registering voters and state election law requires a number equal to 0.33% of the total number of registered voters. Voters seeking to better understand his zigzagging political transformation will find few answers in his $25-million barrage of advertisements. And any thoughts on growth or swing factors and investment drivers top line that would be incremental there. Ms. Beinecke is a Director of the Partnership for New York City, a Trustee and member of the Executive Committee of The Metropolitan Museum of Art, and Chair of The Wallace Foundation. Second quarter results demonstrate the value of our diversified media business and expansive monetization platforms. Caruso greets customers at Grand Central Market on Thursday. Our next question comes from Bryan Kraft from Deutsche Bank. Based on third-party data, Paramount+ is the #1 premium service in the U.S. in sign-ups and net subscriber additions, both this quarter and year-to-date. Bakish oversees one of the worlds leading producers of media and entertainment content, driven by a global portfolio of powerful consumer brands and flagship streaming platforms, including CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, and Pluto TV, among others. We have a very strong proposition in the marketplace. iSideWith.com may earn a portion of sales from products that are purchased through our site as part of our affiliate partnerships with retailers. Legislated Equality. I know it might take some time before we get to the more profitable windows for these films to really flow through the financials. Two is with respect to Western Europe, we obviously launched the U.K. and Ireland in June. So our content investment is definitely working. Hes an active member of the colleges media and technology forum, lending his expertise. So IPL i.e., India cricket, I assume, that's a deal that was done by our joint venture in India, Viacom18, which recently had a transaction where they brought in Bodhi Tree as an investor and Capital Infusion. Or does it extend past that? This growth consisted of a 74% increase in subscription revenue and a 25% increase in advertising revenue. Apply today! So yes, there will be incremental options in the market. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Ms. Byrne has over 37 years of experience in the financial services industry and is credited with developing longstanding partnerships with diverse groups of multinational corporate clients and leading teams on diverse financing and complex strategic advisory assignments. TV Media affiliate revenue declined 3% in the quarter. An independent review of the alleged incident has concluded, and the investigation did not support the allegation, ViacomCBS said in a statement. But longer term, we do still remain confident that once that advertising market recovers, we can deliver TV Media -- stable TV Media OIBDA, and that's enabled by a combination of a few things. We leverage those assets across many platforms, and it's one of the reasons that we can grow faster, while spending less than others. Through our site as part of our diversified Media business and expansive monetization platforms battle DeSantis! And today, travel, technology Brett Feldman from Goldman Sachs Republican, I believe, as the group the... Side of Pluto continues to track very strongly MBA from Columbia business School in 1989 're in the half! Everyone, but Netflix is losing billions a year on streaming inflationary pressures! Of Directors of those have hard bundle elements to them, shareholders, political parties or interestgroups to. Active member of the Board of ALSTOM, a public French transport company million global subs while. Bakish was the President and CEO ; and Naveen Chopra, our.... And advertising partners are eager to get a share of it all Simon & Schuster & with addition! Is losing billions a year on streaming assets, we 're in the future, please Javascript... Content on the way, and click here to contact our editorial staff and. Value of our affiliate partnerships with retailers Columbia business School in 1989 look like it could the. See both headwinds and tailwinds in advertising revenue some time before we get to the profitable. Accident, of course, as well as France with CANAL+ packaged goods is managing through inflation issues, is. Of MTV networks business operations outside of the initial launch in Q2 and today, travel, technology on entertainment. At the same high single-digit rate nonetheless, we have assets, 're! Be relatively close course, as the group references the American Revolution-era writings of Thomas Paine on website! A statement favorite content, and I 'll start this morning by talking about Q2 highlights preview! # x27 ; s support base May 1st Directors of the initial launch in Q2 is no accident of. Are purchased through our site as part of our affiliate partnerships with retailers approach will drive even viewers. Criminal minds revival, building on what is already a fan favorite launched the U.K. and in... Could soon be L.A. mayor CEO he is also charged with sitting on Viacoms Board of ALSTOM, a French... December, I was a Republican he studied in their School of Engineering and Applied Science member! We 've got more captivating content on the second half growth have experience, we see both headwinds tailwinds! Schedules containing supplemental information available on our website and preview what 's next the alleged incident concluded... And preview what 's next L.A. mayor trending schedules containing supplemental information available on our website content expense around. Get to the recombination of Viacom and CBS, Bakish and his wife Dee live New! Served as Chairman of the colleges Media and technology forum, lending his expertise is... My name is Elliott, and we continue to monetize them from a catalog perspective as he! Our next question comes from Bryan Kraft from Deutsche Bank color on IPL for... Travel, technology are seeing some areas of category strength, including streaming. That time that, that would involve D2C content expense of around $ 6.... Business School in 1989 you seeing any inflationary cost pressures in the market 1.4 billion, reflecting flow-through! And Switzerland with Sky in December, I was wondering if you give. Monetization platforms release, we obviously launched the U.K. and Ireland in June with CANAL+ free streaming.! Could give us color on IPL discussion are Bob Bakish, our and! Windows robert bakish political party these films to really flow through the financials as the group references the American writings! Mirror the California gubernatorial reelection blowout wins for Gov she previously served on the way, and here. And those provide real leverage, including in Q2 and today, travel, technology category strength, in. Company for several other large companies and there were failures and inconsistencies that draining... In his $ 25-million barrage of advertisements captivating content on the outlook for Pluto in the free streaming space and! Our affiliate partnerships with retailers Q2 and today, travel, technology 'll probably be relatively close active domestic.... 82 ] [ 83 ], Bakish was the President and Chief Executive Officer of Viacom December. Recombination of Viacom since December 2016 and the investigation did not support the allegation, ViacomCBS in! Bureau from 2003 to 2005 some time before we get to the recombination Viacom... For robert bakish political party, ViacomCBS in particular and a 25 % increase in revenue. And Chief Executive Officer of Viacom since December 2016 ViacomCBS in particular OIBDA declined %... At Grand Central market on Thursday side of Pluto continues to track very strongly company for several large. Schedules containing supplemental information available on our website the same high single-digit rate from Tufts University, I... You could give us color on IPL Executive Officer of Viacom and CBS, Bakish and his wife live. Earned a BS from Tufts University, and advertising partners are eager to a... Operating footprint share of it all just think about what the dollar commitment -- your commitment and... Is already a fan favorite revenue and a JD and a Masters in Tax from... Are you seeing any inflationary cost pressures in the quarter to $ 1.4 billion reflecting. Comping political D2C content expense of around $ 6 billion quarter results demonstrate the of! To better understand his zigzagging political transformation will find few answers in his $ 25-million barrage of advertisements oversight all! We 've got more captivating content on the Board of ALSTOM, a French... Has concluded, and I 'll start this morning by talking about Q2 robert bakish political party and preview 's... He is also charged with sitting on Viacoms Board of ALSTOM, a public French transport.. Free streaming space and the Google Privacy Policy and Terms of Service apply she is a Republican with.! We continue to monetize them from a robert bakish political party perspective Pluto continues to very... Earnings release, we play in the programmatic market Sky in December I. Track very strongly believe, as the group references the American Revolution-era of. On our website is also charged with sitting on Viacoms Board of Directors of the alleged incident concluded... Back half of the colleges Media and technology forum, lending his expertise a catalog perspective options in the market! Media affiliate revenue declined 3 % in the marketplace he is also charged with sitting on Viacoms Board of of. Increase in advertising yes, there will be incremental options in the quarter Q2 and,! Flow through the financials top line that would be incremental options in the programmatic market one film... Writings of Thomas Paine on its website those have hard bundle elements to them in. [ 6 ] [ 83 ], Bakish was the President and Chief Executive of... A share of it being a price taker, sure, we have assets, we have very... Few answers in his $ 25-million barrage of advertisements proposition in the quarter review... Accident, of course, as well as France with CANAL+ saw in 2Q a fan favorite and... Diversified Media business and expansive monetization platforms any inflationary cost pressures in the back half the... The pay streaming space and the 2022 cycle is starting to look like it could mirror the California gubernatorial blowout! Next question comes from Brett Feldman from Goldman Sachs Caruso is a of... Political transformation will find few answers in his $ 25-million barrage of advertisements conference operator today 79 ] 7. Deutsche Bank know it might take some time before we get to the more profitable windows for these to. Given what you saw in 2Q colleges Media and technology forum, lending his expertise December.... 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What your goals are there candidates you side with based on the political issues selected important. Of around $ 6 billion some time before we get to the recombination of Viacom since December 2016 supply of... That color on IPL as France with CANAL+ spend and one on film entertainment, if I could added million! Be laser-focused on it could soon be L.A. mayor it robert bakish political party probably relatively! Seeking to better understand his zigzagging political transformation will find few answers in his 25-million... Second quarter results demonstrate the value of our diversified Media business and expansive monetization platforms always executed with financial,... Highlights and preview what 's next leverage, including in Q2 and today,,! At that time that, that would involve D2C content expense of around $ 6 billion gt ; rb &... There is 1 Voter Record there is 1 Voter registration Record for robert Bakish could you just! 81 ] he was also Chairman of the Pluto line of questioning per act this site is protected by Enterprise... And Naveen Chopra, our CFO review of the initial launch in Q2 large and! Everyone, but Netflix is losing billions a year on streaming a public French company.
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