By Jill Goldsmith Hitting topics that are top of mind in Hollywood, ViacomCBS Bob Bakish said stalled production is a money saver now but needs to restart by mid-summer; that movies will be released in theatres as planned if they’re open and enough people are going; and that COVID-19 has spurred cost efficient work that will inform its business even as the pandemic abates.
As Bakish and ViacomCBS unveiled first-quarter financials, they were met with as much love today as they were savaged three months ago when the chief executive of the newly merged company described a vague digital concept called ‘House of Brands,’ killing the stock, which never recovered.
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