Entertainment Shari Redstone Pushes for ViacomCBS to Be Where “You Can Be Your Authentic Self”
ViacomCBS CEO Calls New Paramount Boss Brian Robbins a “Franchise Builder”
ViacomCBS CEO Bob Bakish on Wednesday shed some more light on the reasoning behind the recent Paramount Pictures executive reshuffle and touted the conglomerate’s multi-faceted movie release strategy. The change was “about creating a studio for the future,” he told the virtual Goldman Sachs Communacopia Conference. “The changes will position Paramount to lean more into […]The change was “about creating a studio for the future,” he told the virtual Goldman Sachs Communacopia Conference. “The changes will position Paramount to lean more into franchises and more into streaming, while maintaining its extraordinary theatrical legacy,” as exemplified by a “fantastic” 2022 slate.
Ahead of’ annual Week, chair told staff in a video message that “we want to be a place where you can be your authentic self and know that your voice is heard.”
In the video, shared with employees on Friday, she also said: “With our global reach, our platforms can connect the world and help to create a better and more inclusive future, one free of ‘otherisms’ like racism, sexism, antisemitism, ableism and more.”
The third annual Inclusion Week, the second since Viacom’s recombination with CBS Corp., will take place Monday, Oct. 25 to Friday, Oct. 29 and feature more than 60 virtual talks, sessions and interactive workshops. The company also said it is designed to “dig deep into the most relevant themes of the moment — anti-racism and allyship one year later, conflict and cooperation between Black and Asian communities, LGBTQ+ advocacy, vaccines and people of color, the media’s role in combating antisemitism and more.”
Behind the $935M ‘South Park’ Deal: How Trey Parker, Matt Stone Keep Cashing In
If prolific producers Shonda Rhimes, Ryan Murphy and Greg Berlanti are worth a combined $900 million via their overall deals, how did Trey Parker and Matt Stone — who oversee one show, South Park, score $900 million-plus on their own? The answer to that can be traced back to the duo’s 2007 deal with Comedy […]The answer to that can be traced back to the duo’s 2007 deal with Comedy Central. At that time, Parker and Stone — along with their longtime attorney, Kevin Morris — negotiated an ad-sharing deal with the Viacom-owned cable network that gave the Colorado natives a 50-50 split with Comedy Central on all digital revenue. At the time, “digital rights” wasn’t a conversation in dealmaking.
Among the global events are chats with president and CEO Bob Bakish and Paramount Pictures and Nickelodeon president and CEO Brian Robbins, a session with actress and social media personality Tabitha Brown, conversations and discussions on “Gender Equity, LGBTQ Advocacy and Religious Tolerance,” “Women Behind the Lens,” “Intercultural Intelligence” and “Inclusive Storytelling to Spark Change.”
“Like you, I believe firmly that content can educate, inform and drive conversation,” Redstone emphasized in her video. “The events of the past couple of years have in many ways brought to a head injustices that are centuries old. We’re at a tipping point, and we need change now. Together, we can do our part toward making that happen.”
In that context, she mentioned that she was “so proud” that ViacomCBS was expanding its Content for Change initiative inspired by the work of BET to “challenge stereotypes and create meaningful change.”
Redstone highlighted that this and other initiatives focused on inclusion were truly a collaborative effort, “because it is together we make the decisions that matter regarding the stories that are told and how diversity is represented both on and off the screen.”
ViacomCBS Adds 4.3M Global Streaming Subs to Hit Nearly 47M, Strikes Paramount+ Deal With T-Mobile .
ViacomCBS added 4.3 million global streaming subscribers in its third quarter ended in September, driven by the Paramount+ service, to reach nearly 47 million global paid users, the entertainment company reported on Thursday. It had ended the second quarter with more than 42 million global paid streaming customers after adding about 6.5 million in the […]It had ended the second quarter with more than 42 million global paid streaming customers after adding about 6.5 million in the April-June period. For the third quarter, analysts had on average forecast 3.9 million additions. In the first quarter, running from January through March, the company had added 6.0 million.