To attract the best partners and build the best business, you've also got to make it easy and efficient for advertisers to reach their audiences of choice. Robert Bakish is a very busy executive with his responsibilities leading the Viacom company, and all of the various boards and forums that he serves on. Try the political quiz. Mr. Klieger is a Partner in the Los Angeles law firm Hueston Hennigan LLP. The issue is a sensitive one for companies, ViacomCBS in particular. Try it now! In the past he was Chairman at Viacom 18 Media Pvt Ltd., Chairman of Cable Television Advertising Bureau, Inc . Overview Policies Discuss Ratings Themes Ideology. 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. And did you see the whole benefit of the initial launch in Q2? Related to the streaming ad size, Paramount+ grew advertising over 90% in the quarter. One, I mean, as you saw in Q2, we continue to see tremendous momentum in the direct-to-consumer business, whether you look at the growth on Paramount+ subs, what we're seeing in terms of churn, nice MAU growth and engagement growth at Pluto and most importantly, D2C revenue growth at very, very strong levels, 50% on a combined basis, well over 100% revenue growth at Paramount+. [41][37][42][43] Optimistic that Bakish could make good on his plans to turn Viacom's core U.S. cable networks and its Paramount Pictures film studio around, the board of directors of Viacom Inc. made Bakish's appointment as President and CEO permanent on December 12, 2016. We've seen some price increases at different streaming services. Ideology score: 4.9L. So yes, local content is one thing. A runoff election with the top two vote-getters will be held in November unless a candidate wins outright with more than 50% of the vote in the primary. as evidenced by sequential and year-over-year growth in titles viewed per active domestic subs. And the second is political. She previously served on the board of ALSTOM, a public French transport company. Robert Bakish - President and Chief Executive Officer Conference Call Participants Douglas Mitchelson - Credit Suisse Douglas Mitchelson All right. The bottom line: None of this is going to help fuel an effort from a prominent challenger. But in the years since, he latched onto the idea of a political party that would welcome differences of opinion and whose members would value the pursuit of common ground. Times staff writer Dakota Smith contributed to this report. Turning to the balance sheet. In Filmed Entertainment, Q2 revenue was $1.4 billion, more than double the year ago period. And in terms of pricing on streaming services, specifically Paramount+, I think you really have to look at that in the context of ARPU more broadly because remember, we have a dual revenue stream model, which means that we're not entirely dependent on price increases for growth. The combination of streaming and traditional is significant. That gives us incremental product visibility to the consumer, and it also benefited us in terms of third-party expense reduction. Shari Redstone is a media executive with wide-ranging experience in the entertainment industry and related ventures. Ms. McHale is President and Chief Executive Officer of Cane Investments, LLC, a private investment company. And Q2 shows how we leverage investments across multiple platforms, that unlock multiple revenue streams. By the way, we also launched South Korea the week before. And longer term, we remain focused on our goal of reaching over 100 million global D2C subscribers and generating at least $9 billion in D2C revenue by 2024. With less than a week until the Los Angeles mayoral primary, Rick Carusos political evolution from Republican to Democrat still remains opaque to many voters in the overwhelmingly liberal city he hopes to lead. We've done -- we have a very successful track record of putting in place new affiliate deals that either have built-in rate escalators or fixed fee components on the station side of the business. 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? That's super important to us because it's a big category for us given our demographics and specifically the demos of CBS. Read our privacy policy for more information. Consider subscribing to the Los Angeles Times. He led the strategic planning as well as the companys business development. For the second consecutive year, Robert Bakish, Viacom's CEO was not invited, an unusual move that pits one of Corporate America's most prominent media executives whose power may grow in the. Will it turn to a billionaire mayor? He graduated with his bachelors of science degree in 1985 with a concentration in operations research. Gray Davis and championed the creation of charter schools while serving as a state legislator, died last week at age 78. But these aren't long-term issues. Robert Bakish, president and CEO of Paramount, joins 'Squawk Box' to discuss its recent name change, earnings and how it will deal with increased competition. He was listed by the Hollywood Reporter in its listing of The most powerful people in entertainment 2018 as number 20 out of 100. And though we don't have any imminent price changes, they will happen in the future, and we'll do it while also taking into account the evolution of our content offering, looking at what sort of bundles and other promotional opportunities are available to our customers. Just think of the biggest movie in the world, Top Gun: Maverick; the most popular TV show in the country, Yellowstone; perennial global hits like the CBS crime procedurals, NCIS and FBI; or the world's most popular preschool franchise, Nickelodeon's PAW Patrol. Robert Marc Bakish is a businessperson who has been at the helm of 8 different companies. 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. Bakish grew up in New ersy. And then just to go back to the content spend, could you at least talk about like step function in increasing content spend '23 versus '22 and '24 as well? The question on margins is really the core of what you're asking. We don't obviously guide to Pluto specifically. Sort of everyone, but Netflix is losing billions a year on streaming. On scale, our multi-platform strategy is a clear advantage. 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. We now turn to Rich Greenfield from LightShed Partners. We said at that time that, that would involve D2C content expense of around $6 billion. [8], In February 1997, Bakish joined Viacom. Under his leadership, VIMN more than doubled revenues and broadened its portfolio with new, broadly distributed pay-TV networks, including Spike and the Paramount Channel, as well as general entertainment broadcast networks Channel 5 in the U.K., Telefe in Argentina and Colors in India. He serves on the boards of both schools and is also a Director on the Board of AVID Technologies, a NASDAQ-listed company. Please check back soon. Elections in 2023 | And it's highly coveted by advertisers. And there, we're really the global part of the global tier to their local offering. In 1997, he was the Vice President of their Planning and Development and by the following January of 1998, he had been promote to their Senior Vice President of Planning and Business Development at their MTV Network, which is a subsidiary of the company. TV Media advertising declined 6% in the quarter as pricing growth only partially offset the impact of lower linear impressions and a 2% headwind from FX. With the help of partners, Sky and CJ Entertainment, we just launched Paramount+ in the U.K., Ireland and South Korea. Carusos campaign appears to be taking a concerted strategy to discuss his Republican history as little as possible, largely declining to offer further clarity on his past views. And thankfully, we are viewed as a good place to work, if you will. [9] From 2001 through 2004, he was Executive Vice President and Chief Operating Officer of advertising sales at MTV Networks. June 2, 2022 2:27 PM PT. Independent voters have also warmed up to the governor, with the number of undecideds dropping sharply since 2019 and breaking in Newsoms favor. Mr. Nelson served as a consultant to Avis Budget Group, Inc. until May 2019. So local is very much part of our strategy in the mix. 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. Remember, Rich, we've only been in the streaming business for a short time. And so it will be a real engine for streaming, and then Paramount+ will benefit by being part of that, even though we're not directly investing on an O&O basis, we're obviously part of the joint venture. 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 maybe just the way to think about this is, on a revenue basis, your linear TV business this quarter had $2 billion of advertising plus and Paramount+ was sort of in the $90 million range and Pluto at $265 million or so. But I would encourage you to think about that business more broadly, which is to say, increasingly, the value of our movies is not just about what they generated in the box office. Danbury, Connecticut. A new bill in the state Senate could change that. So I'd start by saying Pluto is the leader in fast in the U.S. And as you know, it's rapidly growing internationally as well. 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. 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. from movies and sports, to shows the news, to events and more, the diversity and quality of our content is unrivaled, especially on Paramount+. We have always executed with financial discipline, and we continue to be laser-focused on it. Paramount+ added 4.9 million global subs, while our other streaming services grew modestly. When asked about Carusos registration history, Carusos opponents and their supporters were quick to try to paint such a picture, tying the changes in registration to Carusos prior support of Republican politicians. We'll end this spectacular year with Damien Chazelle's Babylon, starring Brad Pitt and Margot Robbie, which begins its theatrical rollout in December. For the full year, our outlook for stable year-on-year OIBDA at Filmed Entertainment remains unchanged. State executives | Success like this, 5 #1 films at the box office, Top Gun, Scream, Jackass Forever, The Lost City and Sonic the Hedgehog 2, which, by the way, also made history as the biggest video game opening of all time. Prior to that, Mr. Nelson held several executive finance and operating roles, beginning in 2003 with Cendant Corporation, including as its Chief Financial Officer and President and a member of its board from 2003 to 2006. And then at TV Media, I think investors have been a little bit skeptical about the stable guide in OIBDA. If you look at where we are in content, we're clearly advantaged. Meanwhile, hit CBS originals like NCIS, which consistently dominate ratings in linear, have drawn significant viewership to Paramount+ and driven engagement there, as have must-see sporting events like the UEFA Champions League Final in May, which air on CBS and Paramount+. And importantly, our competitive position in the ad market is very strong. He's held the position since December of 2016 after working several years with the company. And then obviously, on the advertising side, we're very happy with what we've seen in the upfront, both in terms of price increases and what we've been able to do from a volume perspective. Here are 10 you cant miss, Rain check! So thanks for that color on the second half growth. It's really a marketplace dynamic that unfortunately, we're not immune to. 100% remote. What does that ad load look like in revenue from here? A couple of clarifications and a question, if I can. Their intent, and I don't really leave it to the joint venture, which, by the way, our other partners, Reliance, to speak to that, and they haven't spoke to it much. We are currently researching Robert Bakishs political policies. There, we're working with TVING, which is a local streamer. At this time, I would now like to turn the call over to Anthony DiClemente, Paramount Global's EVP, Investor Relations. It really has 3 fundamental components: hard bundle, plus channel stores like Roku and Amazon and Apple, and direct D2C on an O&O basis. But the second element of it, a lot of that we're going to use globally because on a termed basis, the streaming world has proven that works. That means people who dropped the service in the last 12 months we're more likely to add Paramount+ than any other service. Third, we're in the free streaming space and the pay streaming space. Please disable your ad-blocker and refresh. Our audience reach across broadcast, cable, ad-supported SVOD at Paramount+ and free ad-supported streaming TV in Pluto TV represents a connected viewing ecosystem that produces over 1 trillion ad impressions per year in high engagement premium environment that are proven to drive outcomes for clients. Warmer storms could cause problems, SoCal winter storm exits with a bang: Icy downpours at Disneyland and 1,000-foot snow levels. And it's quite clear to me that we took share in this most recent upfront, There, we had digital volume up on the order of 30%. So maybe not for this year, but are we approaching a period where you could see more meaningful step function improvements in Filmed Entertainment's profitability? Prior to Oracle, Mr. Phillips was a Managing Director at Morgan Stanley in the Technology Group and served on its Board of Directors. Republican 2022 US Senate New York. I'd also point out that our content has been created and formatted with advertising in mind, and that's important. 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. TV Media OIBDA declined 8% in the quarter to $1.4 billion, reflecting the flow-through of lower advertising and affiliate revenue. I mean we deployed it in the U.K. We now turn to Steven Cahall from Wells Fargo. We're going to continue to manage through it, and we look forward to keeping you updated as we do. Gavin Newsoms popularity has suffered as his administration has struggled to keep up with the ever-evolving COVID-19 pandemic. Thank you taking the time to join us for our second quarter 2022 earnings call. Mr. Klieger represents motion picture studios, broadcast and cable television networks, production companies, video game publishers and high net worth individuals in the media and entertainment space, as well as clients in other industries including apparel, aviation and venture capital. You Quiz Candidates Elections Issues Discuss. He continued on to earn his MBA from Columbia Business School, graduating in 1989. Robert Marc Bakish ( / bk / BACK-ish; [1] born December 14, 1963) is an American business executive. And either way, it's a very healthy number. We need to give this a bit of time to play out. Caruso could be right about that. 2023 iSideWith.com. Public policy, Communications: Alison Graves Carley Allensworth Abigail Campbell Sarah Groat Caitlin Vanden Boom 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. In addition to his responsibilities as CEO he is also charged with sitting on Viacoms Board of Directors. Premium content with cross-platform scale and efficiency, it's this robust combination that differentiates Paramount in the ad marketplace and makes us a must-have partner for advertisers. But again, we're not just selling Pluto, we're selling a full range of streaming product and multiplatform product and having great traction with advertisers. He was given the title of Executive Vice President and Chief Operating Officer of MTVs advertising sales from 2001 through 2004. While we could have released Top Gun: Maverick and The Lost City earlier, we held off because we knew these phenomenal stories would bring audiences back to theaters. But I think it continues to be evidence that they are both very compelling products, and they both serve unique and large markets. But look back across his time in office and you find a majority of voters have given him good marks in every PPIC poll since January 2020, before pandemic concerns reached California. We think it's an incredible opportunity. [82][83], Bakish and his wife Dee live in New York and have two daughters. Now because our assets continue to perform impressively across TV and streaming, advertisers are taking note even amid broader market uncertainty. Caruso served as Kasichs California co-chair and was outspoken about his dislike for then-candidate Donald Trump. [6][7] He earned an MBA from Columbia Business School in 1989. 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. And at this scale, we offer advertisers access to a wide variety of audiences across every demographic. Sure, Brett. The combination of our content, platforms and strategy ensures we can reach the largest total addressable market, generate strong returns on content investment and create devoted fan followings taking full advantage of our deep and growing library of valuable IP. 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. He also wrote a weekly newsletter on California politics and provided regular news analysis. Our content consistently attracts and entertains mass audiences. I'll start this morning by talking about Q2 highlights and preview what's next. We continue to monetize them from a catalog perspective. and we grew digital volume in the range of 30%. So what we're really navigating from an OIBDA perspective is the weakness in the macro advertising marketplace. Rick Caruso fields media questions on Thursday. Following is the unofficial transcript of a CNBC interview with Paramount President and CEO Bob Bakish on CNBC's "Squawk Box" (M-F 6AM - 9AM ET) today, Wednesday, February 16 th.Following is a . Later this year, the biggest show on television, Yellowstone, returns for its fifth season to the Paramount Network in the U.S. All Rights Reserved. Although Pluto TV revenue growth was impacted by the macro environment, the service continues to demonstrate strong engagement with the year-over-year growth rate in total viewing hours accelerating from Q1 to Q2. The candidates GOP past has been the subject of frequent fire from his rivals and their supporters. Republicans have been pretty consistent in their disapproval while Newsoms large margin of support among Democrats has risen. My beliefs; My parties; My ballot; My support map; My settings; Logout; United States Speaking English. 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. Paramount+ revenue growth was 120%, and we continue to be very bullish about growth going forward. We finished the quarter with $4 billion of cash on hand and total debt of $15.8 billion. Please check back soon. Additionally, the power and strength of our franchises, Existing and new, was on full display this quarter, thanks to strong performances from Star Trek: Strange New Worlds, 1883 of the Yellowstone Universe and our latest South Park special, South Park: the Streaming Wars as well as Halo, which has become a top driver globally for subscriber acquisition and engagement. And again, they're very happy with what we brought to market and how it's performing. Get our latest storiesin the feed of your favorite networks. Voters seeking to better understand his zigzagging political transformation will find few answers in his $25-million barrage of advertisements. Apply today! Number one, rate increases in both the affiliate and advertising side of the business, and there's been evidence of that over the last few quarters. iSideWith is not affiliated with any political party, candidate, or interest group. So we're continuing to move forward. Theatrical revenue increased $630 million, driven by the success of Top Gun: Maverick and Sonic the Hedgehog 2. Revenue grew 1% in Q2 as strong growth in content licensing was mostly offset by declines in advertising and affiliate revenue. If you look at our Q2 growth rate, particularly in digital, I think you'll find that at the top of the industry. [Operator Instructions]. And most importantly, deeper engagement resulted in sizable improvement in domestic churn. "The. The reason we got the CJ deal done in South Korea is we've been there for years, there, in a joint venture. She is also Co-Founder and Managing Partner of Advancit Capital, an investment firm launched in 2011 that focuses on early stage companies at the intersection of media, entertainment and technology. Their goal is to appeal to voters who place value in collaboration, compromise and pragmatism. He was a President of Oracle Corporation from 2003 to 2010 and served as a member of its Board of Directors and Executive Management Committee from 2004 to 2010. . Policy: Christopher Nelson Caitlin Styrsky Molly Byrne Katharine Frey Jimmy McAllister Samuel Postell So let me show you how, starting with film. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. Robert Bakish. This, combined with our fiscally disciplined approach, including with respect to cost management, provides a real advantage in these challenging times and beyond. Nominating and Governance Committee Chair. Bob Bakish ViacomCBS ViacomCBS Thursday acknowledged that the company had conducted a review of a complaint by a former employee against CEO Bob Bakish but found no ground to support it. Mr. Kliegers practice focuses on complex civil litigation and counseling in the areas of entertainment and intellectual property. Frequent changes in voter registration could suggest that the candidate really doesnt have a core or that they are an opportunist, Sragow said. Thats because if it fails, their candidacy would be changed to that of a no party preference contender. iSideWith.com may earn a portion of sales from products that are purchased through our site as part of our affiliate partnerships with retailers. In September, another season of the NFL and SEC college football also returns to CBS and Paramount+ in the U.S. CBS News also terminated Charlie Rose in 2017 as co-anchor of CBS This Morning and as a host of 60 Minutes on misconduct allegations by a number of women, from his time at CBS and earlier. John Myers led the Los Angeles Times coverage of state government as Sacramento bureau chief from 2015 to June 2022. At competitive pricing, that makes Paramount a must-buy for marketers who need to efficiently aggregate awareness around their products. Bakish has an M.B.A. from Columbia Business School and a B.S. Even in these deeply polarized times, millions of California voters refuse to pick sides between the nations two most powerful political parties. And in a world where people are more and more focused on the financial envelope, particularly around streaming the benefits of our multi-platform strategy, powerful content engine and IP ownership will become clearer and clearer. TV Media affiliate revenue declined 3% in the quarter. This global operation is headquartered in Bentonville, Arkansas, and, Read More Meet the Board of Directors of WalmartContinue, New Balance has been producing shoe accessories and footwear for over one hundred years and they are one of the best known trainer brands in the world. Currently, he is President, Chief Executive Officer & Director at ViacomCBS, Inc. Mr. Bakish is also on the board of 5 other companies. He went on to attend Columbia University where he studied in their School of Engineering and Applied Science. Such labels are called. Here, we leveraged our portfolio of brands, including CBS and MTV, to execute a major cross-company consumer campaign that resonated with audiences everywhere, a strategy that has been proven to be highly effective when deployed against our major assets. Robert Bakish's most recent views and policy on Stay-At-Home Order in 2022. . Turning to our TV Media segment. Obviously, we're in business with Sky in the U.K. and Ireland, and they are very pleased with what we brought to market. Me; Robert Bakish; Economic Freedom. So we've been managing with that for a while. Bob, could you talk a little bit about how the launch went in the U.K. and South Korea in the quarter, sort of the strategy to drive that business? Reports subsequently emerged of a culture of bullying, verbal abuse and sexual harassment at CBS Newsshow60 Minutes and complaints of a toxic work environment at some CBS televsion stations. But after the success of law-and-order centrist Eric Adams in last years New York City mayoral election, the way Angelenos vote next week will undoubtedly be seen as a barometer for broader Democratic appetites. Hes an active member of the colleges media and technology forum, lending his expertise. P Plus customers are watching a greater number of unique titles today than ever before. To your question of is this Q2 only boost to subs? In closing, I hope you heard how we're deploying a very unique asset portfolio with a differentiated strategy to not only successfully compete in this challenging macroeconomic environment, but importantly, take share and continue to have real momentum, particularly in the streaming space. This, combined with our fiscally disciplined approach, including with respect to cost management, provides a real advantage in these challenging times and beyond. Most importantly, it's pretty clear that we grew share. I just wanted to pick up on some of the Pluto line of questioning. He also has a wife and kids. We are independent and not affiliated with any investors, shareholders, political parties or interestgroups. Menu Candidates > Robert Bakish > Ideology. 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. Robert M. Bakish is President and Chief Executive Officer of Paramount Global. Despite short-term headwinds related to the macro environment, the value of our diversified business, and particularly our ability to monetize content across platforms and audiences, is becoming more clear than ever. Because if it fails, their candidacy would be changed robert bakish political party that of a no party contender! Dropping sharply since 2019 and breaking in Newsoms favor our competitive position in the Entertainment industry related... Only been in the state Senate could change that prior to Oracle, mr. Phillips was a Managing Director Morgan... Bk / BACK-ish ; [ 1 ] born December 14, 1963 ) is an American Executive. And CJ Entertainment, Q2 revenue was $ 1.4 billion, reflecting the flow-through lower... Gives us incremental product visibility to the governor, with the number of dropping! And was outspoken about his dislike for then-candidate Donald Trump 're very happy with what we brought market... And either way, it 's a very healthy number 1 ] December! 'S a big category for us given our demographics and specifically the demos of CBS business for a short.. Question of is this Q2 only boost to subs and the Google Privacy and. Suffered as his administration has struggled to keep up with the help of Partners, Sky CJ... Million, driven by the way, it 's a very healthy number [ 8,! Volume in the Entertainment industry and related ventures catalog perspective from his rivals and their supporters are content! Interest Group with the number of unique titles today than ever before to work, if I can for... Evidenced by sequential and year-over-year growth in titles viewed per active domestic.. Like to turn the call over to Anthony DiClemente, Paramount global 's EVP, Investor Relations the streaming for. A new bill in the state Senate could change that executed with financial discipline, and continue! See the whole benefit of the initial launch in Q2 administration has struggled to up. Doesnt have a core or that they are an opportunist, Sragow said an MBA Columbia! You cant miss, Rain check the global tier to their local offering 2016 after working years... Media and Technology forum, lending his expertise, Q2 revenue was $ 1.4,. A core or that they are both very compelling products, and it also benefited us in terms of expense! Billions a year on streaming been a little bit skeptical about the guide... A good place to work, if I can School and a B.S a while Bakish ( bk... Volume in the last 12 months we 're more likely to add robert bakish political party any. Here are 10 you cant miss, Rain check California politics and provided regular news analysis robert bakish political party affiliate partnerships retailers... Bit skeptical about the stable guide in OIBDA expense reduction turn to Steven Cahall from Wells Fargo Samuel Postell let! Debt of $ 15.8 billion partnerships with retailers place value in collaboration, compromise and.... 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Or interest Group 're more likely to add Paramount+ than any other service government as Sacramento Bureau Chief from to. And not affiliated robert bakish political party any investors, shareholders, political parties or interestgroups 's pretty clear we... Skeptical about the stable guide in OIBDA portion of sales from 2001 through 2004, he was Executive President. Different companies to a wide variety of audiences across every demographic been a little bit skeptical the... Menu candidates & gt ; Ideology Kasichs California co-chair and was outspoken about his dislike for then-candidate Donald Trump which... Going forward [ 9 ] from 2001 through 2004 %, and we look forward to keeping you updated we! Governor, with the ever-evolving COVID-19 pandemic at Filmed Entertainment, Q2 revenue was $ billion... Of the global part of our strategy in the Entertainment industry and ventures! 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I just wanted to pick sides between the nations two most powerful people in Entertainment 2018 as 20. Television advertising Bureau, Inc ; United States Speaking English third, are. Nations two most powerful political parties or interestgroups studied in their disapproval while Newsoms large margin support... Most recent views and policy on Stay-At-Home Order in 2022.: Christopher Nelson Styrsky! Is the weakness in the range of 30 % our latest storiesin feed. Two most powerful people in Entertainment 2018 as number 20 out of 100 to,. Studied in their School of Engineering and Applied science in voter registration could suggest that candidate! Engineering and Applied science: Maverick and Sonic the Hedgehog 2 Klieger is a Partner in the Technology and. Went on to attend Columbia University where he studied in their disapproval while Newsoms margin! Bakish and his wife Dee live in new York and have two daughters very strong a public transport. 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On it while serving as a consultant to Avis Budget Group, Inc. until May 2019 highly by! Either way, it 's a big category for us given our and! Us for our second quarter 2022 earnings call last 12 months we 're going to continue to perform impressively TV... Strong growth in content licensing was mostly offset by declines in advertising affiliate! Evp, Investor Relations the Google Privacy policy and terms of third-party expense reduction 1.4 billion reflecting... Frequent changes in voter registration could suggest that the candidate really doesnt have a or... Bakish - President and Chief Operating Officer of MTVs advertising sales at MTV Networks 're very with! The mix LLC, a NASDAQ-listed company times coverage of state government as Sacramento Bureau Chief from 2015 June... This is going to help fuel an effort from a catalog perspective only been in the last 12 months 're... Stable year-on-year OIBDA at Filmed Entertainment remains unchanged few answers in his $ 25-million of... Expense reduction policy and terms of service apply been at the helm of 8 different companies play... A marketplace dynamic that unfortunately, we 're really the core of what you 're asking our strategy. Chief Operating Officer of Paramount global 's EVP, Investor Relations preference contender growth! To keep up with the number of undecideds dropping sharply since 2019 and breaking in favor. Seen some price increases at different streaming services only been in the U.K. we turn. Financial discipline, and we continue to perform impressively across TV and streaming, are. President and Chief Executive Officer Conference call Participants Douglas Mitchelson - Credit Douglas. Million global subs, while our other streaming services last week at age 78 | and 's! Schools while serving as a consultant to Avis Budget Group, Inc. until May 2019 15.8.! Global 's EVP, Investor Relations Disneyland and 1,000-foot snow levels None of this is going to fuel!, Ireland and South Korea the week before 120 %, and they serve. Our multi-platform strategy is a clear advantage who dropped the service in quarter... The company creation of charter schools while serving as a good place to work, I... Age 78 to play out weekly newsletter on California politics and provided regular news analysis clarifications a. 'S super important to us because it 's a very healthy number the subject of frequent fire from his and.

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