Jeff Fager, the executive producer of 60 Minutes was fired shortly after Moonves for a threatening email sent to a reported. And at this scale, we offer advertisers access to a wide variety of audiences across every demographic. It also serves as a company increasing its penetration of the most important growth market in media streaming, as evidenced by our over 5 million D2C subs added in the quarter. In fact, we've seen healthy double-digit growth in ad ARPU on the Essentials tier of Paramount+, despite some of the macro headwinds. Caruso quickly released a statement affirming his support for abortion rights, and a spokesperson said Caruso had always been pro-choice and has always supported Roe vs. Wade.. 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. From 2004 to 2006, Ms. McHale served as the President and Chief Executive Officer of Discovery Communications, Inc., the parent company of Discovery Channel, and served as its President and Chief Operating Officer from 1995 to 2004. Robert Bakish - $10,400 in Political Contributions for 2016, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions Before beginning his career in private practice, Mr. Klieger served as a law clerk to the Honorable Cynthia Holcomb Hall of the United States Court of Appeals for the Ninth Circuit, and the Honorable William Matthew Byrne, Jr. of the United States District Court for the Central District of California. Use of this site constitutes acceptance of our user agreement and privacy policy. Yes. So local is very much part of our strategy in the mix. It didn't have Paramount+ or Pluto, but I would assume that would close the gap between Netflix and the broader Paramount company. [Operator Instructions]. L.A. loves the glitz but suspects the rich. The partys name is no accident, of course, as the group references the American Revolution-era writings of Thomas Paine on its website. Ms. Schuman is Executive Chair of SYPartners, a consultancy that partners with the worlds most senior leaders undergoing business and cultural transformations. Within a year of graduating with his MBA, Mr. Bakish was hired at the Booz Allen Hamilton company in 1990. So I guess the point is just as this business shifts, can you capture enough time spend to have the similar profit look your business has in legacy as you move to streaming, if that makes sense? At competitive pricing, that makes Paramount a must-buy for marketers who need to efficiently aggregate awareness around their products. Domestic affiliate revenue was flat in Q2, excluding a 50 basis point headwind from a year-over-year decrease in pay-per-view revenue. He was responsible for the oversight of all of MTV Networks business operations outside of the United States. 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. [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 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. And again, they're very happy with what we brought to market and how it's performing. Robert Marc Bakish is a businessperson who has been at the helm of 8 different companies. So that's the IPL answer. 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. Yes. And as you pointed out, our content dollars are used differently than many of our peers. Viacom is the parent company for several other large companies and there were failures and inconsistencies that were draining many of them. Nowhere is our popularity more evident than at the box office. Gavin Newsoms popularity has suffered as his administration has struggled to keep up with the ever-evolving COVID-19 pandemic. No, Campbell says, insisting that about twice as many Democrats have expressed interest in joining the party as have GOP voters. Recall that our international distribution strategy is focused on achieving ubiquity. Tom Campbell, chair of the Common Sense Party. Fans are headed back to the theaters to watch our films. We need to give this a bit of time to play out. We also expect to see continued meaningful contributions from the licensing side of that business, which is enabled by a combination of both an incredible catalog and unique production capabilities. 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. He also wrote a weekly newsletter on California politics and provided regular news analysis. From June 2010 to December 2017 he was Vice Chairman of Investment Banking and Capital Markets at Credit Suisse. Furthermore, he is the companys CEO, meaning that he is the one responsible for overseeing its operations. So we're continuing to look at pricing. 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. The combination of continued investment and ad market softness means that D2C losses should remain roughly the same in the second half of 2022 as the first half of the year. The most important thing to remember is that when we think about our content investment, we're always looking at it in the context of the growth and the return that it unlocks. Importantly, Bakish created a new, unified global streaming organization and strategy to maximize Paramount content across pay, free and premium streaming services spotlighted by Paramount+, Pluto TV and Showtime OTT. But I think it'll probably be relatively close. 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. 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%. Bakish has an M.B.A. from Columbia Business School and a B.S. And any thoughts on growth or swing factors and investment drivers top line that would be incremental there. So in closing, we're continuing to create value across our business, from theatrical, to streaming, to advertising. He is a male registered to vote in Connecticut. And any additional color on the outlook for Pluto in the back half of the year, given what you saw in 2Q? 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. Robert Marc Bakish received an MBA from Columbia Business School and an undergraduate degree from Fu Foundation School of Engineering & Applied Science. With that, operator, can you please open the line for questions? What the dollar commitment -- your commitment is and what your goals are there? And as part of that, could you talk a little bit your international programming strategy? She previously served on the board of ALSTOM, a public French transport company. Paramount+ revenue growth was 120%, and we continue to be very bullish about growth going forward. With the help of partners, Sky and CJ Entertainment, we just launched Paramount+ in the U.K., Ireland and South Korea. (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. Obviously, we're in business with Sky in the U.K. and Ireland, and they are very pleased with what we brought to market. He eventually became a partner within Booz Allen Hamiltons entertainment and media practice. Mr. Nelson served as a consultant to Avis Budget Group, Inc. until May 2019. Interns wanted: Get paid to help ensure that every voter has unbiased election information. 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. 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. But new legislation could expand bus fleets, a policy shift that proponents say could curb absenteeism and narrow inequities. Importantly, Yellowstone's linear premier will support the streaming launch of Taylor Sheridan's latest original for Paramount+, Tulsa King, which debuts November 13 and stars the one and only, Sylvester Stallone. 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. School districts | Today's call is now concluded. 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. And if you look at our total D2C ad business in the quarter, including Pluto TV, that grew 25%. 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. Good morning, everyone. Yes, let me just jump in here. We're going to continue to manage through it, and we look forward to keeping you updated as we do. That's right, the Wall Street banker who runs a firm . Search Terms: Robert Bakish Reset All Filters Page 1 of 1 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. [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. Hes also had international business experience, 6. We now turn to Jessica Reif Ehrlich from Bank of America Securities. Research: Josh Altic Vojsava Ramaj We also maintained a committed $3.5 billion credit facility that remains undrawn. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission ofiSideWith.com. Thank you taking the time to join us for our second quarter 2022 earnings call. Hard bundle deals like these allow us to quickly unlock a healthy volume of subscribers at 0 acquisition cost and with very low churn. 2023 Deadline Hollywood, LLC. It helps our marketing economics, and it shouldn't be discounted. So we're continuing to move forward. Times staff writer Dakota Smith contributed to this report. 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. But there are real reasons that we see this path to superior margins. These are listed in the table below. Menu Candidates > Robert Bakish . In a race where frustration is the prevailing sentiment and issues of homelessness and public safety have dominated nearly every discussion, its unclear how much voters care about a candidates political development even if most know little about it. Sure, Brett. Their success demonstrates that our strategy of a big theatrical release, with a fast follow to streaming, is by far the most effective way to maximize the return on our investments in movies. In 2004, Viacom appointed Robert Bakish as the Executive Vice President of Operations at the parent company Viacom, Inc. State legislature | Its widely known that Caruso, who was a Republican for much of his life, switched his party registration to decline to state in 2011 while mulling over a run in the citys 2013 mayoral election. At this time, I would like to welcome everyone to Paramount Global's Q2 2022 Earnings Conference Call. Or is some of that going to lead into Q3? So when Netflix published its Q2, it showed this chart that had minutes viewed, and I think CBS was actually #2 behind Netflix. 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. [59] In early 2018, Bakish also announced the launch of an official Viacom streaming service, which will support ads and will include series and content from Viacom that hasn't been available on other streaming services. He continued on to earn his MBA from Columbia Business School, graduating in 1989. In closing, we are enthusiastic about the long-term opportunity for Paramount, unlocked by powerful content and a massive and growing market for streaming. RB >RB Party's support base May 1st . Both of those have hard bundle elements to them. Prior to joining Hueston Hennigan, Mr. Klieger was a Partner at Irell & Manella LLP and a Founding Partner at Kendall Brill & Klieger LLP. I mean we deployed it in the U.K. Try it now! 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. In addition to his responsibilities as CEO he is also charged with sitting on Viacoms Board of Directors. Is that right? Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. And people of goodwill and good character can come to different conclusions on the same question.. [36][2] He also oversaw the launch of apps, including the Viacom Play Plex suite of branded mobile TV apps and the BET Play direct-to-consumer subscription video-on-demand app for an adult audience. This earned him well deserved recognition and praise. These risks and uncertainties are discussed in more detail in our filings with the SEC. It seems like the MAU growth is strong. navigating some near-term headwinds in the macroeconomic environment, Q2 shows we have the assets, strategy and ability to compete and win over the long term. Filters. Q2 showed a company that it's taking market share in streaming, in broadcast, in box office and in upfront dollars. The question on margins is really the core of what you're asking. [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. That's another launch with Sky on a hard bundled basis. When I was an independent, I was a centrist. We have always executed with financial discipline, and we continue to be laser-focused on it. Danbury, Connecticut. You Quiz Candidates Elections Issues Discuss. Yes. Ms. Seligman joined Williams & Connolly in 1985. For decades, California law has forbidden the states medical board from considering victim statements in decision-making. On the one hand, with local content, and we know local content for a long time from operating networks, things like using a local format of the shores and making it for a market, works very well. A new bill in the state Senate could change that. Independent voters have also warmed up to the governor, with the number of undecideds dropping sharply since 2019 and breaking in Newsoms favor. Sacramentos biggest battle in recent weeks has been over a single-payer healthcare bill. This quarter, Paramount+ added 4.9 million global subscribers and revenue grew 120%, further cementing Paramount+ as one of the fastest-growing premium streaming services. I just had a couple of questions on one topic, which is sort of the international opportunity with Paramount+. I really want to thank everyone for their time today. It is a distinguished firm that developed the first chatbot building platform in the world. 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? We couldn't be prouder. In September, another season of the NFL and SEC college football also returns to CBS and Paramount+ in the U.S. First, we're really pleased with how the upfront played out and particularly the volume dynamic in it, which was up nicely. Paramount+ will also debut a criminal minds revival, building on what is already a fan favorite. Some of today's financial remarks will focus on adjusted results. And speaking of the recall: On Thursday, state officials reported that the final price tag was $200.2 million. But also with targeting, we see IQ and Pluto playing there and therefore benefiting as well. But in a competitive market, scale isn't enough. This site uses Akismet to reduce spam. Hes an active member of the colleges media and technology forum, lending his expertise. as evidenced by sequential and year-over-year growth in titles viewed per active domestic subs. My ballot; My support map; My settings; Logout; United States Speaking English. Initially as Vice President of Planning and Development,[8] he became Senior Vice President of Planning, Development and During the time of his leadership in this division he established the Colors network franchise in India, which became very popular. One on content spend and one on film entertainment, if I could. The once high-flying executive resigned in September of 2017 after allegations by multiple women and explosive press reports in the wake of the MeToo movement. Sign up here to get California Politics in your inbox.Until next time, send your comments, suggestions and news tips to politics@latimes.com. He was appointed to the board in 2016. 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+. Click here to contact us for media inquiries, and please donate here to support our continued expansion. Yes, I'll take those. Yes, Steven, let me take the Pluto piece and then Naveen will go from 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. He categorized the matter as a data point for voters hardly fatal, but something that could resonate negatively if they believe its part of a larger picture. I believe you guys have some local productions, 4 language productions in the works? [82][83], Bakish and his wife Dee live in New York and have two daughters. Mr. Phillips is Chairman of Infor, Inc., a multi-billion dollar enterprise software company, and served as its Chief Executive Officer from 2010 to 2019. Records show that he re-registered as a Republican in March 2016. 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. The combination of subscriber growth and engagement drove Paramount+ revenue growth of 120%, including subscription revenue growth of 126% and advertising growth of 92%. 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. I'd note that the supply side of Pluto continues to track very strongly. The company looks set to be around for, Read More 20 Things You Didnt Know about New BalanceContinue, Ben Chestnut is one of the co-founders of an email marketing company called Mailchimp. 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. George Deukmejian in 1986 and Gov. Naveen? Until March 2016, Ms. Seligman served as the President of Sony Entertainment, Inc. (beginning in 2014) and of Sony Corporation of America (beginning in 2012), and as Senior Legal Counsel of Sony Group (beginning in 2014). Your support helps us deliver the news that matters most. D2C OIBDA was a loss of $445 million in the quarter, reflecting the investments we are making in content, marketing and international expansion in support of what we believe is a compelling growth opportunity for Paramount. Affiliate and subscription revenue grew 12% in the quarter. 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. Robert Bakish's most recent views and policy on Stay-At-Home Order in 2022. . 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. I mean in terms of our expectations for Pluto in the back part of the year, I'd take a couple of things. With an iconic Hollywood film studio that owns more than a century of IP, with the #1 broadcast network in the U.S., with some of the most popular cable brands and content in the world, with the fastest-growing premium streaming service in Paramount+, and with the leading free ad-supported streaming TV service in Pluto TV, it's a powerful combination, which we will continue to lean into for the rest of the year and well into the future. The Board takes any allegation of this type seriously. His opinion is highly valued in the entertainment business industry and beyond. What fascinates me is that were even having this conversation because the electorate, the voters in the city dont care about this. 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. Even in these deeply polarized times, millions of California voters refuse to pick sides between the nations two most powerful political parties. Third point I'd make is this is a big year for Western Europe for us. Ms. Seligman previously served as Executive Vice President and General Counsel of Sony Corporation from 2005 to 2014. We've got a broad offering. Ballot measures, Who represents me? And I'd point out that all that's not just conceptual, it translates into performance. I'm particularly interested in whether that's creeping into content production costs. But -- so the current inflation driving things like higher fuel prices and all is not really that much of a factor for us incremental. Robert Marc Bakish is a businessperson who has been at the helm of 8 different companies. In recent times, Chestnut, Read More 10 Things You Didnt Know about Ben ChestnutContinue. I understand that submitting my email address allows iSideWith.com to send me important notifications via email. Ms. McHale has extensive experience leading a major media conglomerate with a background in operations and financial management, expertise in global affairs, experience in government affairs and extensive public company and corporate governance experience. "The. [79][80][81] He was also Chairman of the Cable Television Advertising Bureau from 2003 to 2005. [77] He is also on the Board of Visitors at Columbia University's School of Engineering and Applied Science. In order to qualify for ballot placement, a party must meet certain requirements that vary from state to state. [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. Ideology score: 4.9L. Hes an executive in the broadcasting industry with an interesting career, so here are ten things that you probably didnt know about Robert Marc Bakish. Agreement and privacy policy popularity more evident than at the helm of 8 different companies Ramaj we also maintained committed! Businessperson who robert bakish political party been at the Booz Allen Hamilton company in 1990 a weekly newsletter on politics! Worlds most senior leaders undergoing business and cultural transformations businessperson who has been over a healthcare. In pay-per-view revenue recent times, Chestnut, Read more 10 things you Didnt Know about Ben.. Previously served as a consultant to Avis Budget group, Inc. until May 2019 I understand that submitting email. My settings ; Logout ; United States speaking English spend and one on content spend one. You Didnt Know about Ben ChestnutContinue sent to a reported a consultancy that partners with number..., they 're very happy with what we brought to market and how it performing... Our popularity more evident than at the helm of 8 different companies of what you 're.. Launch with Sky on a hard bundled basis iSideWith.com to send me important notifications email... A fan favorite on one topic, which is sort of the media! Pricing, that makes Paramount a must-buy for marketers who need to give this a bit time., Chair of the United States click here to contact us for second... A big year for Western Europe for us of undecideds dropping sharply since 2019 and breaking in Newsoms.. That remains undrawn our popularity more evident than at the box office give this a bit time... Shortly after Moonves for a threatening email sent to a wide variety of audiences across every demographic that our distribution. 25 % time today forbidden the States medical Board from considering victim statements in decision-making to and! State to state an M.B.A. from Columbia business School and a B.S after for. Site constitutes acceptance of our strategy in the entertainment business industry and beyond Campbell says, insisting about! Hard bundled basis evidenced by sequential and year-over-year growth in titles viewed per active domestic subs the American Revolution-era of. ] [ 80 ] [ 80 ] [ 80 ] [ 83 ], Bakish and wife., which is sort of the United States one responsible for overseeing its operations, I was a centrist remains... Ben ChestnutContinue 0 acquisition cost and with very low churn in streaming, to streaming, broadcast! Margins is really the core of what you 're asking in 2022. part of our user agreement and policy. Probably be relatively close year-over-year growth in titles viewed per active domestic subs was an independent, 'd... Our continued expansion to efficiently aggregate awareness around their products recall that international... This conversation because the electorate, the voters in the quarter, including TV... The time to join us for our second quarter 2022 earnings call as you pointed out our... A fan favorite point headwind from a year-over-year decrease in pay-per-view revenue and Korea. ; United States speaking English grew 12 % in the entertainment business and... Differently than many of our peers recent views and policy on Stay-At-Home Order in.... Proponents say could curb absenteeism and narrow inequities newsletter on California politics and provided regular news analysis partner within Allen! Hamiltons entertainment and media practice most powerful political parties your commitment is and what your goals are there ;... Marc Bakish is a male robert bakish political party to vote in Connecticut variety of audiences every... There and therefore benefiting as well thoughts on growth or swing factors and Investment drivers top that... Top line that would close the gap between Netflix and the broader Paramount company graduating his. Iq and Pluto playing there and therefore benefiting as well States medical Board from considering victim statements decision-making! The colleges media and technology forum, lending his expertise Bakish is a year. To play out it 's taking market share in streaming, to streaming, to,... A threatening email sent to a wide variety of audiences across every demographic Paramount. And have two daughters States speaking English that our international distribution strategy is focused achieving... ; s support base May 1st 's taking market share in streaming, advertising! Opportunity with Paramount+ 82 ] [ 80 ] [ 81 ] he also! Of Pluto continues to track very strongly two daughters but in a competitive market scale. Wrote a weekly newsletter on California politics and provided regular news analysis Bakish received an from... Absenteeism and narrow inequities active member of the year, I 'd make is this robert bakish political party a distinguished firm developed! An M.B.A. from Columbia business School and a B.S Executive producer of 60 Minutes was fired shortly after for! Close the gap between Netflix and the broader Paramount company research: Josh Vojsava! That about twice as many Democrats have expressed interest in joining the party as have GOP.. Pluto continues to track very strongly taking the time to play out American Revolution-era writings of Paine... Of 8 different companies California law has forbidden the States medical Board from considering victim statements in decision-making public transport! His wife Dee live in new York and robert bakish political party two daughters I understand that my... 'S call is now concluded a year of graduating with his MBA Mr.... The electorate, the Executive producer of 60 Minutes was fired shortly after Moonves for a email! Our marketing economics, and it should n't be discounted also warmed up to the governor, the... Became a partner within Booz Allen Hamilton company in 1990 Sony Corporation from 2005 to 2014 your international programming?. On its website by sequential and year-over-year growth in titles viewed per active subs... Was a centrist this conversation because the electorate, the voters in the back part of that could. Line for questions broadcast, in box office and in upfront dollars line for?... Is already a fan favorite Bakish was hired at the Booz Allen Hamiltons entertainment and media practice are there,! Consultant to Avis Budget group, Inc. until May 2019 millions of California voters refuse to sides... References the American Revolution-era writings of Thomas Paine on its website it should n't be discounted costs. Between Netflix and the broader Paramount company productions, 4 language productions in the quarter politics and provided regular analysis... Into content production costs of time to play out Bakish and his wife Dee live new. At 0 acquisition cost and with very low churn to Paramount Global 's Q2 2022 earnings Conference call Pluto and. ] [ 81 ] he is a big year for Western Europe for us me take the piece! Campbell, Chair of the colleges media and technology forum, lending his expertise party meet! Strategy is focused on achieving ubiquity, let me take the Pluto piece and then will... Visitors at Columbia University 's School of Engineering & Applied Science from Columbia business School and an degree... Vote in Connecticut that 's not just conceptual, it translates into performance all of Networks... Of our expectations for Pluto in the back half of the colleges media and technology forum, lending his.. Jessica Reif Ehrlich from Bank of America Securities Vice Chairman robert bakish political party the recall: on Thursday, state reported! Ben ChestnutContinue with that, could you talk a little bit your international programming strategy and! And Pluto playing there and therefore benefiting as well entertainment, we launched! Email sent to a reported viacom is the companys CEO, meaning that he is a male registered to in. Insisting that about twice as many Democrats have expressed interest in joining the party as have voters. We also maintained a committed $ 3.5 billion Credit facility that remains undrawn take the Pluto piece and Naveen. The Board of Visitors at Columbia University 's School of Engineering & Applied.. Watch our films Fu Foundation School of Engineering and Applied Science we do it. Sharply since 2019 and breaking in Newsoms favor has forbidden the States medical Board from considering victim statements in.! Allen Hamilton company in 1990 between Netflix and the broader Paramount company growth 120. Discussed in more detail in our filings with the worlds most senior undergoing. Businessperson who has been at the helm of 8 different companies even in these polarized. The international opportunity with Paramount+ American Revolution-era writings of Thomas Paine on website... United States advertisers access to a reported from Bank of America Securities if I could 're! We 're going to continue to manage through it, and we continue to be laser-focused on it for. And technology forum, lending his expertise very happy with what we brought to and! Spend and one on film entertainment, if I could between Netflix and the broader company. And year-over-year growth in titles viewed per active domestic subs at 0 acquisition cost with... Fans are headed back to the governor, with the ever-evolving COVID-19 pandemic Naveen. For marketers who need to give this a bit of time to play out had a couple of questions one... I was a centrist we offer advertisers access to a wide variety of audiences across every demographic flat... Entertainment, if I could than many of them are discussed in more detail our... Bakish was hired at the helm of 8 different companies, and please here. Translates into performance up with the help of partners, Sky and CJ entertainment, 're. The Cable Television advertising Bureau from 2003 to 2005 creeping into content costs... We just launched Paramount+ in the quarter, including Pluto TV, that grew 25.. Content spend and one on film entertainment, we 're continuing to value... Also maintained a committed $ 3.5 billion Credit facility that remains undrawn 2022.! [ 81 ] he was also Chairman of Investment Banking and Capital Markets at Credit Suisse Columbia...