Bob Bakish Entertainment reports 2020 Bob Bakish

How ViacomCBS Has Sharpened Its Focus on Streaming Via Deals

Reading now: 938
hollywoodreporter.com

In early December 2019,thelong-discussed mega-recombination ofViacomandCBS Corp. closed, with CEO Bob Bakish promising to create "significant long-term value." Much initial focus was on his team reaping benefits from cost-cutting and using the recombined company’s increased scale, and the appeal ofCBS, to boost the fortunes of theViacomcable networks, which had been struggling in carriage deals with pay TV giants.

More than a year later, with early success on those fronts, some on Wall Street are also starting to give Bakish and his team credit for how a string of smaller deals in addition to the big Viacom-CBS merger have helped sharpen the company's focus on core content and, newer streaming businesses. "Regarding the asset [deals] and.

Read more on hollywoodreporter.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA