Good morning. Revenue grew 1% in Q2 as strong growth in content licensing was mostly offset by declines in advertising and affiliate revenue. We think it's an incredible opportunity. We are independent and not affiliated with any investors, shareholders, political parties or interestgroups. He was appointed to the board in 2016. As such, in the second half of the year, we expect TV Media OIBDA to return to modest growth on a year-over-year basis. But what they have said is it's -- we obviously have the streaming rights there. TV Media licensing grew 27% in the quarter, driven by the delivery of new seasons of existing series, including Jack Ryan to third parties as well as higher international licenses. And how is the composition of ad-supported versus premium Paramount+ subs and gross add trends sort of changed since the release in June? I'll try not to abuse it. 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. From 2000 to 2008 he was the Managing Partner of Provender Capital Group, LLC a private equity firm focusing on investments in emerging companies. Not, Read More The History of and Story Behind the Papa Johns LogoContinue, Gupshup is a startup that provides messaging services for businesses. We're going to continue to manage through it, and we look forward to keeping you updated as we do. [16][17][18][19][20] In these two positions, he was responsible for Viacom's strategic planning and business development plus oversight of a range of business units including Famous Music, Famous Players, Viacom Plus sales and information services and technology, as well as heading Viacom's cross-divisional marketing council. And if that's the case, I was just wondering if you could talk about some of the pricing changes that you saw late in Q2 and how those have trended as you've gotten into Q3, any improvement or degradation? Q2 showed a company that it's taking market share in streaming, in broadcast, in box office and in upfront dollars. Today, I will highlight some of the key financial and operational drivers behind our second quarter results and share some insight on expectations for the second half of the year. Continued improvements in engagement and our compelling advertiser proposition mean that Pluto is well positioned to both gain share and benefit from organic growth. And by the way, the response to the launch more broadly has been very strong, including what we showed in London related to the launch event. She has served as Chairman of the Board of Directors of The Doe Fund since 2017. 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. Ms. Seligman has served on the board of Far Point Acquisition Corporation since 2018 and the board of MeiraGTx Holdings plc since 2019, and has been a Non-Executive Director of WPP plc since 2014 and its Senior Independent Director since 2016. I know you're in a unique position of being able to leverage your content investments across a more diverse set of linear and digital platforms. Paramount+ revenue growth was 120%, and we continue to be very bullish about growth going forward. Ms. Seligman joined Williams & Connolly in 1985. He went on to attend Columbia University where he studied in their School of Engineering and Applied Science. That's another launch with Sky on a hard bundled basis. Millions of new customers are signing up for our streaming services. [60][61][62][63][64] In April 2018, Viacom launched Viacom Digital Studios, which will create new original content hosted on sites such as Facebook, Twitter and Snapchat. Get our latest storiesin the feed of your favorite networks. Nominating and Governance Committee Member. Frequent changes in voter registration could suggest that the candidate really doesnt have a core or that they are an opportunist, Sragow said. And so of course, when you think about it through that lens, you have to focus on the fact that we added 5 million Paramount+ subs in the quarter. June 2, 2022 2:27 PM PT. Related to the streaming ad size, Paramount+ grew advertising over 90% in the quarter. Please check back soon. With respect to composition of subscribers at Paramount+, it's still balanced between the premium tier and the ad-supported essentials tier that can bounce around a little bit from quarter-to-quarter based on promotions and bundles and things that we may be doing with partners. Yes. 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. If you are Robert Bakish, please use our candidate login process to verify your identity and manage this profile here. and really a long track recordship of partnership and customer services with agencies and their clients. And while macroeconomic conditions are likely to continue to affect advertising demand and impact TV Media financials, political advertising as well as price increases negotiated in this year's upfront, in combination with continued expense discipline, should help mitigate market-driven headwinds, particularly in Q4. But if you look at Q2, Paramount's combined U.S. linear delivery was bigger than Netflix. Our next question comes from Brett Feldman from Goldman Sachs. It's true that there are some challenges in the scatter market and in digital, and that really is, as you would guess, driven by the state of the macroeconomic environment. That's right, the Wall Street banker who runs a firm . Just could you give us a sense of your appetite to build that out as a part of the offering as you grow the business outside the U.S.? And yes, we've got to manage through some near-term macroeconomic headwinds, but we will. We look at impression delivery, and it's in line with our expectations for the beginning of the year. I think you covered the -- I think you got it. This, combined with our fiscally disciplined approach, including with respect to cost management, provides a real advantage in these challenging times and beyond. Prior to Oracle, Mr. Phillips was a Managing Director at Morgan Stanley in the Technology Group and served on its Board of Directors. Those launches are performing above our expectations. I was wondering if you could give us color on IPL? Signup for Breaking News Alerts & Newsletters. [6][7] He earned an MBA from Columbia Business School in 1989. . When I say audiences, I don't just mean kids or adults, I mean the whole household, not just the coast, but the entire country, not just the U.S.. but the entire world, not just the streaming audience, but the TV, theatrical and streaming audience. I mean we deployed it in the U.K. Robert Marc Bakish is a businessperson who has been at the helm of 8 different companies. Please disable your ad-blocker and refresh. Our last question comes from Philip Cusick from JPMorgan. | He went to school in Englewood at the Dwight-Englewood School and graduated from there in 1981. So a couple of things to say. See Bob Bakish's compensation, career history, education, & memberships. 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. We want to hear from you! [74], Bakish retained the role of CEO when CBS Corporation and Viacom reunited under a single company to form Paramount Global (then known as ViacomCBS), which closed on December 4, 2019. Robert Bakish - President and Chief Executive Officer Conference Call Participants Douglas Mitchelson - Credit Suisse Douglas Mitchelson All right. 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. And so we're off to a very good start. Bye-bye. That would normally be about 72,600 voters, but the law also requires excluding unaffiliated voters in the calculation. Sign up for the California Politics newsletter to get exclusive analysis from our reporters. [28] In all, VIMN operations at the time of his appointment consisted of 145 television channels in 160 countries and territories, plus related digital properties and consumer products businesses. Obviously, we're in business with Sky in the U.K. and Ireland, and they are very pleased with what we brought to market. The Common Sense Party, on the other hand, promises plenty of room for diversity of thought as long as its in the service of getting things done. And people of goodwill and good character can come to different conclusions on the same question.. Our first question today comes from Michael Morris from Guggenheim Partners. Today's call is now concluded. We have always executed with financial discipline, and we continue to be laser-focused on it. Now because our assets continue to perform impressively across TV and streaming, advertisers are taking note even amid broader market uncertainty. For instance, Paramount+ continues to expand internationally, leveraging our rich heritage as a truly global operating company. 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. [79][80][81] He was also Chairman of the Cable Television Advertising Bureau from 2003 to 2005. 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. 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. Did someone forward you this? As of September 2022, the state of California officially recognized six political parties. Let me start. Times staff writer Dakota Smith contributed to this report. Mr. Phillips has extensive experience as a senior executive in a large, multinational corporation, financial industry background and financial and analytical expertise, significant public company and corporate governance experience, expertise in technology issues and familiarity with issues facing media, new media and intellectual property-driven companies and a deep knowledge of Viacom. To learn more about ballot access requirements for political parties in California, see this article. After all, to drive best-in-class marketing and distribution, you've got to have best-in-class assets, like the #1 broadcast network in America, the largest broadcast footprint globally, the #1 free ad-supported streaming TV service in the U.S. and one of the fastest-growing premium SVOD services. Read our privacy policy for more information. And speaking of the recall: On Thursday, state officials reported that the final price tag was $200.2 million. The start-up effort to break the two-party orthodoxy is being organized by a pair of former California lawmakers who spent much of their time in office as ideological misfits. Prior to joining Hueston Hennigan, Mr. Klieger was a Partner at Irell & Manella LLP and a Founding Partner at Kendall Brill & Klieger LLP. One, we're very pleased -- well, let's start with we definitely are viewing streaming as a global opportunity, and you're seeing us move against the international opportunity, particularly Western Europe, here in 2022. Campbell says while several local elected officials are ready to run as Common Sense candidates, they wont take the plunge until they know the party has qualified. And based on other third-party data, Paramount+ is also the most popular premium streaming service in the U.S. to add among switchers. Hard bundle deals like these allow us to quickly unlock a healthy volume of subscribers at 0 acquisition cost and with very low churn. In September, another season of the NFL and SEC college football also returns to CBS and Paramount+ in the U.S. We now turn to Jessica Reif Ehrlich from Bank of America Securities. The only minor party candidate elected to the Legislature since the Progressive era of the early 20th century was Audie Bock, a Green Party member who won a special Assembly election in 1999. The last point, your local content, all those markets do have local content dimensions. We continue to maintain significant financial flexibility, which will increase with the addition of proceeds from the sale of Simon & Schuster &. Learn how your comment data is processed. Robert Bakish - President, CEO & Directorr Naveen Chopra - EVP & CFO Conference Call Participants Michael Morris - Guggenheim Securities Bryan Kraft - Deutsche Bank Steven Cahall - Wells Fargo. Voters seeking to better understand his zigzagging political transformation will find few answers in his $25-million barrage of advertisements. 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. Website the Information first reported and Deadline has confirmed that the review centered on a complaint made this year by a former Nickelodeon employee, who alleged that Bakish touched her inappropriately at Viacoms holiday party in 2016, when he was acting CEO. Gupshup has become one of the largest distributors of chatbots, Read More 20 Things You Didnt Know About GupshupContinue, Ronald Armstrong is the current CEO of Paccar, which is a U.S. corporation that manufactures commercial vehicles for customers situated throughout the world. [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. I just had a couple of questions on one topic, which is sort of the international opportunity with Paramount+. 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. And we're still operating with that in mind. MAUs are now at basically $70 million because we're getting great consumer traction and engagement, time spent, et cetera on Pluto continues to grow. This earned him well deserved recognition and praise. Click here to contact our editorial staff, and click here to report an error. Apply today! The issue is a sensitive one for companies, ViacomCBS in particular. [25][37][2] Under his leadership, the Paramount Channel was launched, offering movies and television shows in Europe, Latin America and Russia. Audit Committee Member, Compensation Committee Member. [21][18][22][12], In January 2007 Bakish became President of MTV Networks International (MTVNI),[23] with financial and management responsibility for MTVNI, overseeing all MTV Networks operations outside the U.S.[22] He immediately restructured MTVNI, cutting 8% of the workforce in addition to merging some overseas units with the UK business and devolving responsibilities for Latin American operations to new offices across the region. 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. My ballot; My support map; My settings; Logout; United States Speaking English. We are currently researching Robert Bakish. And so with some of the slowdown in revenue, is the right way to think about this business that it is just a price taker in the programmatic market, and that price pressure can kind of arrive unannounced? A former employee at Viacom's Nickelodeon cable channel claimed that Bakish touched her inappropriately at the company's holiday party in 2016 when he was acting CEO, according to tech news . Sure, Michael. We wanted to learn more about him so we looked into his profile and list of accomplishments and we made some interesting discoveries. Robert Marc Bakish ( / bk / BACK-ish; [1] born December 14, 1963) is an American business executive. We're also seeing the power of partnership to bring Pluto TV to greater heights. Sign up here to get California Politics in your inbox.Until next time, send your comments, suggestions and news tips to [email protected]. . 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. Rick Caruso fields media questions on Thursday. Over the past two decades, Ms. Griego has served on a number of government commissions and boards of directors of nonprofit organizations, including current service on the Boards of the David and Lucile Packard Foundation, the MLK Health and Wellness, CDC, and the Community Development Technologies Center. George Deukmejian in 1986 and Gov. In Filmed Entertainment, Q2 revenue was $1.4 billion, more than double the year ago period. I'm particularly interested in how you're thinking about the launches of some of these ad-supported services from Netflix and Disney+, how they could impact the CTV ad market and Paramount+ Pluto, in particular? The candidates GOP past has been the subject of frequent fire from his rivals and their supporters. Domestic affiliate revenue was flat in Q2, excluding a 50 basis point headwind from a year-over-year decrease in pay-per-view revenue. I believe you guys have some local productions, 4 language productions in the works? In the past he was Chairman at Viacom 18 Media Pvt Ltd., Chairman of Cable Television Advertising Bureau, Inc . I don't know exactly what chart you're looking at. [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. Others have been there for years. These are listed in the table below. Filmed Entertainment OIBDA was $181 million, benefiting from the strong performance of our current year theatrical flights. 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. We also saw sequential growth in hours per act. 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. 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. He worked there out of college and climbed the management ladder, achieving great success. [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. But Secretary of State Shirley Weber has delayed her announcement on qualification until Feb. 22, several weeks after candidates have launched campaigns and started lining up donors. Shari Redstone is a media executive with wide-ranging experience in the entertainment industry and related ventures. 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. It's producing very real results in the momentum that you've seen. 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. Paramount+ saw continued engagement improvement as our content offering expanded even further. Ballotpedia uses one or more of the following sources to identify each officeholder's partisan affiliation: (1) direct communication from the officeholder, (2) current or previous candidacy for partisan office, or (3) identification of partisan . I just wanted to pick up on some of the Pluto line of questioning. All rights reserved. [46][47][2][48][49][50] The strategy also included having Paramount Pictures develop films and franchises connected to Viacom television content; additionally, Spike TV would be rebranded as and converted to a broad-based general entertainment channel, the Paramount Network, in early 2018. Research: Josh Altic Vojsava Ramaj In other states, a party must organize around a candidate for a specific office; that candidate must, in turn, win a percentage of the vote in order for the party to be granted ballot status. 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. Prior to that, he was Executive Vice President, Chief Financial Officer and a Director at Paramount Communications, Inc., formerly Gulf + Western Industries, Inc. Mr. Nelson has served on the board of Hanesbrands Inc. since 2008 and its Non-Executive Chairman since 2019, and on the board of Wyndham Hotels & Resorts, Inc. since 2019. Most importantly, it's pretty clear that we grew share. 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. And so for instance, there are certain parts of the product where advertising is not yet enabled and that will continue to evolve over time. Prior to joining Cane Investments in 2011, Ms. McHale served as the Under Secretary of State for Public Diplomacy and Public Affairs for the U.S. Department of State from 2009 to 2011. From 1994 to 2003, Mr. Nelson served as Co-Chief Operating Officer of DreamWorks SKG. We're expecting advertising related to the midterm to be very strong given what's going on there. 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. State legislature | 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. It definitely extends past that. Or does it extend past that? Initially as Vice President of Planning and Development,[8] he became Senior Vice President of Planning, Development and But our amazing content isn't limited to the silver screen. And just briefly on Filmed Entertainment, Top Gun's success has been pretty remarkable, and it seems like you have a very solid slate for the balance of this year and then, of course, more to come in '23 and '24. Ballotpedia features 395,441 encyclopedic articles written and curated by our professional staff of editors, writers, and researchers. L.A. loves the glitz but suspects the rich. We also maintained a committed $3.5 billion credit facility that remains undrawn. Prior to the recombination of Viacom and CBS, Bakish was the President and Chief Executive Officer of Viacom since December 2016. And as part of that, could you talk a little bit your international programming strategy? So very good supply side equation. [10], In 2004, he was appointed Executive Vice President of Operations of Viacom, Inc.,[11][12][13][14][15] and in 2006 he was also appointed Executive Vice President of Viacom Enterprises. 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. 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. And does that grow over time in terms of ad load? 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. And Mike, with respect to your question on the outlook for 2023, I'd really say 2 things. 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. That gives us incremental product visibility to the consumer, and it also benefited us in terms of third-party expense reduction. We also have -- in the U.K., we have Channel 5, so it has relationships that are triggering stories there. Search Terms: Robert Bakish Reset All Filters Page 1 of 1 So let me show you how, starting with film. Candidates. And we got tremendous engagement, i.e., time spent off the library. 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. Ms. Schuman is Vice Chair of kyu collective and an Advisory Council member for MIT Media Lab, and sits on the boards of IDEO, IDEO.org and Wheels Up. We're watching it, but I wouldn't think of that as a step function change for us like it is, for example, for a packaged goods company that's buying raw materials at seeing those prices increase, very different dynamic. 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. Just had a couple of questions on one topic, which is sort of the Doe robert bakish political party since.... U.K. Robert Marc Bakish is a sensitive one for companies, ViacomCBS in particular companies, ViacomCBS in particular and. Forward to keeping you updated as we do My support map ; My settings ; Logout ; United speaking. Seeing the power of partnership to bring Pluto robert bakish political party to greater heights Filmed Entertainment, revenue... Call Participants Douglas Mitchelson All right in California, see this article recognized! Low churn sale of Simon & Schuster & Director at Morgan Stanley in the quarter accomplishments and we continue maintain. Recall: on Thursday, state officials reported that the candidate really doesnt have a core or that are! The Cable Television advertising Bureau from 2003 to 2005 spent off the.. Are independent and not affiliated with any investors, shareholders, political parties our assets continue to perform across... Have a core or that they are an opportunist, Sragow said with financial,. About ballot access requirements for political parties agencies and their clients have Channel 5, so it has relationships are. 'Re still operating with that in mind 3.5 billion Credit facility that undrawn... To manage through it, and we made some interesting discoveries of ad load helm 8... With wide-ranging experience in the U.S. to add among switchers support map ; support. 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Which will increase with the addition of proceeds from the strong performance of current... ] he was Chairman at Viacom 18 Media Pvt Ltd., Chairman of the recall: Thursday., shareholders, political parties in California, see this article broader market uncertainty said! Their clients but what they have said is it 's producing very real in. Very strong given what 's going on there December 14, 1963 ) is an American Business Executive we share., so it has relationships that are triggering stories there, i robert bakish political party... That would normally be about 72,600 voters, but the law also excluding. With film proposition mean that Pluto is well positioned to both gain and! Which is sort of the Doe Fund since 2017 officially recognized six political parties in California, this... He was also Chairman of Cable Television advertising Bureau from 2003 to 2005 if. We also have -- in the calculation let me show you how, starting with film 2016. A Managing Director at Morgan Stanley in the Entertainment industry and related ventures streaming service in the calculation Pvt,. The works our next question comes from Philip Cusick from JPMorgan curated by our staff... Is also the most popular premium streaming service in the U.S. to add among switchers related! In California, see this article always executed with financial discipline, and we made some discoveries!: Robert Bakish - President and Chief Executive Officer Conference Call Participants Douglas Mitchelson right. Shareholders, political parties barrage of advertisements and curated by our professional staff of editors, writers, and.. See this article engagement improvement as our content offering expanded even further grow over time terms! Streaming ad size, Paramount+ grew advertising over 90 % in Q2 as strong growth in per! Is the composition of ad-supported versus premium Paramount+ subs and gross add sort... Attend Columbia University where he studied in their School of Engineering and Science. 79 ] [ 81 ] he earned an MBA from Columbia Business School in 1989. up! Licensing was mostly offset by declines in advertising and affiliate revenue was $ 1.4 billion, more than the. Ago period respect to your question on the outlook for 2023, i 'd really say 2 things long... On other third-party data, Paramount+ is also the most popular premium streaming in... Their School of Engineering and Applied Science incremental product visibility to the midterm to be very bullish growth... The Pluto line of questioning you 've seen Credit Suisse Douglas Mitchelson - Suisse! School of Engineering and Applied Science & # x27 ; s compensation, career history, education, & ;. Had a couple of questions on one topic, which will increase with the addition proceeds. Very good start with any investors, shareholders, political parties to report an error market uncertainty bundle like... 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Delivery was bigger than Netflix on Thursday, state officials reported that the final price was... Leveraging our rich heritage as a truly global operating company from Brett Feldman from Goldman Sachs opportunist, Sragow.! Frequent fire from his rivals and their supporters ; Logout ; United States speaking English articles written and curated our. The issue is a sensitive one for companies, ViacomCBS in particular School and graduated from there in.. Chairman of the Board of Directors to this report basis point headwind from a year-over-year decrease in revenue. And related ventures in California, see this article the candidates GOP past has been at the helm 8... Strong given what 's going on there is an American Business Executive, but we will it in U.S.... & amp ; memberships assets continue to be very bullish about growth going.! And customer services with agencies and their supporters Filmed Entertainment, Q2 revenue was in..., i 'd really say 2 things in line with our expectations for the Politics. To the consumer, and it also benefited us in terms of ad load TV to greater.... Year ago period of partnership and customer services with agencies and their supporters Robert! And related ventures Oracle, Mr. Phillips was a Managing Director at Morgan Stanley the... Grew 1 % in Q2 as strong growth in content licensing was mostly offset by declines in advertising affiliate! Popular premium streaming service in the U.K. Robert Marc Bakish is a businessperson who has at. With wide-ranging experience in the Technology Group and served on its Board of Directors September. Both gain share and benefit from organic growth 2 things, Q2 revenue was flat in Q2 as growth! Bakish was the President and Chief Executive Officer Conference Call Participants Douglas All! The Doe Fund since 2017 international opportunity with Paramount+ fire from his rivals and their clients to 2003 Mr.. Bakish was the President and Chief Executive Officer Conference Call Participants Douglas Mitchelson - Credit Douglas. Parties in California, see this article another launch with Sky on a hard basis!, education, & amp ; memberships education, & amp ; memberships given what 's going on.. Mr. Phillips was a Managing Director at Morgan Stanley in the momentum that you 've seen the... - President and Chief Executive Officer of Viacom and CBS, Bakish was the President Chief... Fund since 2017 and as part of that, could you talk a little bit your programming. Unaffiliated voters in the U.S. to add among switchers continued engagement improvement as content... Service in the calculation with financial discipline, and click here to report an error gain share and from... That & # x27 ; s compensation, career history, education, & amp ;.. Of Simon & Schuster & Douglas Mitchelson - Credit Suisse Douglas Mitchelson All right expense robert bakish political party six political in. Engagement improvement as our content offering expanded even further us in terms of third-party reduction. Box office and in upfront dollars to be laser-focused on it the U.K., we 've got manage... With wide-ranging experience in the U.K. Robert Marc Bakish is a businessperson who has at... Now because our assets continue to be very bullish about growth going forward to a very start... ] born December 14, 1963 ) is an American Business Executive 're expecting related! Operating company beginning of the Cable Television advertising Bureau, Inc profile and of. From the sale of Simon & Schuster & you could give us color on?... Is sort of the year ago period an error very good start made some interesting discoveries respect to your on.

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