Domestic affiliate revenue was flat in Q2, excluding a 50 basis point headwind from a year-over-year decrease in pay-per-view revenue. John Myers led the Los Angeles Times coverage of state government as Sacramento bureau chief from 2015 to June 2022. We continue to maintain significant financial flexibility, which will increase with the addition of proceeds from the sale of Simon & Schuster &. Moving forward, we'll continue to harness the strategy of ubiquitous distribution, which includes direct-to-consumer as well as channel partners like Roku, Amazon and Apple in addition to the aforementioned hard bundles so that Paramount+ can reach as large an audience as possible. [6], After receiving his MBA, Bakish joined the management and technology consulting firm Booz Allen Hamilton in 1990, and rose to become a partner in its media and entertainment practice. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. Initially as Vice President of Planning and Development,[8] he became Senior Vice President of Planning, Development and 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. 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. By the time he was finished, the company was in much better condition and he had achieved several objectives for improving Viacom which earned him respect in the industry and accolades. There, we're working with TVING, which is a local streamer. [82][83], Bakish and his wife Dee live in New York and have two daughters. Their intent, and I don't really leave it to the joint venture, which, by the way, our other partners, Reliance, to speak to that, and they haven't spoke to it much. So we're very excited about this transformation journey that we're on. And the 2022 cycle is starting to look like it could mirror the California gubernatorial reelection blowout wins for Gov. Hes also had international business experience, 6. And there, we're really the global part of the global tier to their local offering. We'll end this spectacular year with Damien Chazelle's Babylon, starring Brad Pitt and Margot Robbie, which begins its theatrical rollout in December. Millions of new customers are signing up for our streaming services. State executives | He made big changes in the beginning including merging some of the companies and cutting the workforce by 8 percent. But really, competition is nothing new. It is part of our broader D2C business, as you well know. So yes, local content is one thing. Technology in January 1998. The effort shares some of its political DNA with the idea behind Californias top-two primary, an effort many thought would elect more centrist lawmakers. He served on President Obamas Economic Recovery Board, led by Paul Volcker, and is a member of the Council on Foreign Relations. In terms of your question on the Filmed Entertainment business, obviously, we have not provided any specific long-term guidance there. It's not an overwhelming part, but it is part of it. And our 2023 fleet is anchored by fresh commercial takes on some of our most popular and new franchises: from TRANSFORMERS and Teenage Mutant Turtles to Dungeon & Dragons and PAW Patrol, to name just a few. In addition to boards within the entertainment industry that Robert Bakish serves on, hes a member of the Board of Overseers at Columbia Business School. Federal courts | Yes, Steven, let me take the Pluto piece and then Naveen will go from there. Should someone be thinking otherwise, the most recent campaign finance report shows the governor has almost $25 million in the bank. I understand that submitting my email address allows iSideWith.com to send me important notifications via email. 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. Now because our assets continue to perform impressively across TV and streaming, advertisers are taking note even amid broader market uncertainty. If you have an ad-blocker enabled you may be blocked from proceeding. Campbell left the party that year, writing in a newspaper op-ed that a Republican embrace of Trump instead of a candidate for president worthy of our countrys past and its unbounded future would force him to re-register as an independent voter. 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. Robert Marc Bakish (/bk/ BACK-ish;[1] born December 14, 1963) is an American business executive. Counties | So what we're really navigating from an OIBDA perspective is the weakness in the macro advertising marketplace. He has donated more frequently to Democratic politicians in recent years, including contributions to the congressional campaign of his now-opponent Bass in 2010 and 2011. Policy: Christopher Nelson Caitlin Styrsky Molly Byrne Katharine Frey Jimmy McAllister Samuel Postell But what they have said is it's -- we obviously have the streaming rights there. Mr. Terrell serves as a member of the board of directors of The Bank of New York Mellon Corporation, and has served as a member of the board of the New York Life Insurance Company, Wellchoice Inc. (formerly Empire Blue Cross Blue Shield) and Carver Bancorp, Inc. His experience also includes past and present service on multiple not-for-profit boards, including the Yale School of Management, The Partnership for New York City, The Partnership Fund for New York City, Coro New York Leadership Center, Big Brothers Big Sisters of New York City and the Center for a New American Security. Robert Bakish - $10,400 in Political Contributions for 2016, Campaign Finance, Money, American politics, American political campaign contributions, presidential campaign contributions Two, we have a platform advantage. He is a member of the Board of Directors of the Federal Reserve Bank of New York, the Apollo Theater, Business Executives for National Security and the New York Police Foundation. Box office hits the Lost City and Sonic the Hedgehog 2 came to Paramount+ in May, generating terrific engagement across all demographics. HIGHLIGHTS. Click here to contact us for media inquiries, and please donate here to support our continued expansion. She has served on the board of Hilton Worldwide Holdings Inc. since 2013. We continue to look at how we optimize the tiering along with that, but it's part of a broader overall ARPU story. Caruso first switched his registration from Republican to no party preference in late November 2011. This earned him well deserved recognition and praise. 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. We need to give this a bit of time to play out. Robert Marc Bakish's Connecticut Voter Registration. 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. [41][37][42][43] Simultaneously, he was also appointed President and CEO of the newly created Viacom Global Entertainment Group, combining Viacom International Media Networks (VIMN) with Viacom's Music and Entertainment group, which includes MTV, Comedy Central, VH1, Spike TV and Logo TV; two additional networks, TV Land and CMT, also joined the Global Entertainment Group. And maybe, along with that, if you could talk about what you're seeing as far as specific advertiser category strength or weakness? Meanwhile, hit CBS originals like NCIS, which consistently dominate ratings in linear, have drawn significant viewership to Paramount+ and driven engagement there, as have must-see sporting events like the UEFA Champions League Final in May, which air on CBS and Paramount+. He serves on the boards of both schools and is also a Director on the Board of AVID Technologies, a NASDAQ-listed company. And we're looking forward to what that does both for the box office business and also our other channels. At competitive pricing, that makes Paramount a must-buy for marketers who need to efficiently aggregate awareness around their products. Frequent changes in voter registration could suggest that the candidate really doesnt have a core or that they are an opportunist, Sragow said. Part of the reason is that we don't just make popular content, we also make content popular by leveraging our powerful platforms. And the second is political. His opinion is highly valued in the entertainment business industry and beyond. Our next question is from Kutgun Maral from RBC Capital Markets. You may begin your conference call. Advertisers are focused on being associated with premium content, and we have a really diverse collection here across entertainment, sports and news. 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. Speaking to the Sherman Oaks Homeowners Assn. We also have -- in the U.K., we have Channel 5, so it has relationships that are triggering stories there. During the time of his leadership in this division he established the Colors network franchise in India, which became very popular. So you put all that together, and we do see a superior financial envelope at comparable level of scale to someone else. 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. What the voters of the city care about is crime and homelessness and corruption.. 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. As of June 30, we had a base of 63.7 million global D2C subscribers, including 43.3 million Paramount+ subscribers. This, combined with our fiscally disciplined approach, including with respect to cost management, provides a real advantage in these challenging times and beyond. As exemplified by our deals with Viacom18 and Reliance, with whom we're partnering to bring Paramount+ to India and with our Sky Showtime partnership with Comcast, which will launch later this year. But these aren't long-term issues. When I was an independent, I was a centrist. 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. As of September 2022, the state of California officially recognized six political parties. 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. 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. Second, there are 2 important new category tailwinds that we'll see probably late Q3 and certainly Q4. We've long known what makes us the ideal advertising partner, our ability to deliver both scale and efficiency, all wrapped around premium content. And yes, we've got to manage through some near-term macroeconomic headwinds, but we will. What the dollar commitment -- your commitment is and what your goals are there? Yes. Reports subsequently emerged of a culture of bullying, verbal abuse and sexual harassment at CBS Newsshow60 Minutes and complaints of a toxic work environment at some CBS televsion stations. It helps our marketing economics, and it shouldn't be discounted. So is this just a bunch of unhappy Republicans? We couldn't be prouder. And so we're off to a very good start. [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. But also with targeting, we see IQ and Pluto playing there and therefore benefiting as well. We now turn to Jessica Reif Ehrlich from Bank of America Securities. 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. Get our latest storiesin the feed of your favorite networks. We leverage those assets across many platforms, and it's one of the reasons that we can grow faster, while spending less than others. Our first question today comes from Michael Morris from Guggenheim Partners. 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. First, on content spend. I want to remind you that certain statements made on this call are forward-looking statements that involve risks and uncertainties. [6][7] He earned an MBA from Columbia Business School in 1989. In fact, Top Gun: Maverick just cleared $1.34 billion at the global box office and became 1 of the top 10 domestic movies of all time. Is that right? 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+. Filmed Entertainment OIBDA was $181 million, benefiting from the strong performance of our current year theatrical flights. So we like that strategy. The challenge is whether his group can get officially recognized in time for the June 7 statewide primary. 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%. In closing, we are enthusiastic about the long-term opportunity for Paramount, unlocked by powerful content and a massive and growing market for streaming. As we look ahead in this ad market, there's 2 things I'd note. Ms. Beinecke serves as Chairperson of the board of First Eagle Funds, a leading U.S. mutual fund family and is the Lead Trustee of Vornado Realty Trust. It's Naveen, I'll take both of those. TV Media affiliate revenue declined 3% in the quarter. Then the U.S. government blindsided it, Before and after photos from space show storms effect on California reservoirs, Yet more rain expected to hit California in March. 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? And we do see this tracking to TV Media-like markets, which is at the core of your question. And in terms of pricing on streaming services, specifically Paramount+, I think you really have to look at that in the context of ARPU more broadly because remember, we have a dual revenue stream model, which means that we're not entirely dependent on price increases for growth. That would bring the number down to 56,000 voter registrations (theres some irony in the swelling ranks of non-party voters actually making it easier to create a new party). Robert Marc Bakish ( / bk / BACK-ish; [1] born December 14, 1963) is an American business executive. We continue to monetize them from a catalog perspective. Nominating and Governance Committee Chair. Warmer storms could cause problems, SoCal winter storm exits with a bang: Icy downpours at Disneyland and 1,000-foot snow levels. 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. By the way, we also launched South Korea the week before. iSideWith is not affiliated with any political party, candidate, or interest group. He was given the title of Executive Vice President and Chief Operating Officer of MTVs advertising sales from 2001 through 2004. My beliefs; My parties; My ballot; My support map; My settings; Logout; United States Speaking English. Prior to Barclays, Ms. Byrne worked at Lehman Brothers, where she was the first woman to serve as Vice Chairman. To learn more about ballot access requirements for political parties in California, see this article. Despite L.A.s global image as a place of glamour and glitz, city voters have tended to select mayors who have done time on the government payroll. 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. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Affiliate and subscription revenue grew 12% in the quarter. The momentum of Paramount+ is not just the product of its strong and diverse portfolio of content, it's also the product and the smart distribution strategy, which is bringing our flagship streaming services to more audiences than ever before. How to run for office | Third point I'd make is this is a big year for Western Europe for us. Good morning, everyone, and thank you for joining us. 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. So that's one important economic advantage. iSideWith.com may earn a portion of sales from products that are purchased through our site as part of our affiliate partnerships with retailers. And through partnerships with Viaplay Group and Corus, we are now expanding Pluto TV's international footprint in the Nordics and Canada, respectively. So that's really the ad market. Robert Bakish - President, CEO & Directorr Naveen Chopra - EVP & CFO Conference Call Participants Michael Morris - Guggenheim Securities Bryan Kraft - Deutsche Bank Steven Cahall - Wells Fargo. Share. Im a Democrat, and Im proud to be a Democrat, Caruso said when asked Tuesday about his prior changes in voter registration. It's producing very real results in the momentum that you've seen. He led the revitalization and evolution of Viacoms core businesses, returning the company to growth, and extending its leadership across multiplatform entertainment content, next-generation distribution and advertising. Danbury, Connecticut. 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. And is there a better level we should look at? He was listed by the Hollywood Reporter in its listing of The most powerful people in entertainment 2018 as number 20 out of 100. 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? 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. The issue is a sensitive one for companies, ViacomCBS in particular. Menu Candidates > Robert Bakish . But after the success of law-and-order centrist Eric Adams in last years New York City mayoral election, the way Angelenos vote next week will undoubtedly be seen as a barometer for broader Democratic appetites. Signup for Breaking News Alerts & Newsletters. That proved to be the right call. In 2017, Bakish knew that he had to take strict measures to restructure Viacom and turn the company around. We also saw sequential growth in hours per act. And another indicator of that strength is really the 30% digital volume growth -- ad volume growth that we saw in the upfront. Continuing as we have to make those decisions prudently with a real eye towards the ROI of the investments, what we don't want to do is sacrifice a long-term opportunity by overreacting to some of the short-term headwinds that obviously exist, particularly in the advertising marketplace today. I was wondering if you could give us color on IPL? Nominating and Governance Committee Member. State legislature | So we've been managing with that for a while. We said at that time that, that would involve D2C content expense of around $6 billion. I know it might take some time before we get to the more profitable windows for these films to really flow through the financials. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission ofiSideWith.com. And importantly, our competitive position in the ad market is very strong. Please note that in addition to our earnings release, we have trending schedules containing supplemental information available on our website. [24] He launched the popular Colors franchise of networks via the Viacom18 joint venture in the high-growth market of India. He also has a wife and kids. Revenue grew 1% in Q2 as strong growth in content licensing was mostly offset by declines in advertising and affiliate revenue. 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. During his accomplished career in the financial services sector spanning more than 25 years, Mr. Terrell was responsible for Credit Suisses global banking relationships with some of its most high profile clients. Many, many globally renowned franchises, backed up by a deep library, I mean the economic value of going and trying to replace that library, I don't even know what it would be. Several executives within Viacoms subsidiaries were replaced. Please disable your ad-blocker and refresh. Sure, Michael. We've seen some price increases at different streaming services. Recall that our international distribution strategy is focused on achieving ubiquity. Following is the unofficial transcript of a CNBC interview with Paramount President and CEO Bob Bakish on CNBC's "Squawk Box" (M-F 6AM - 9AM ET) today, Wednesday, February 16 th.Following is a . 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. Today's call is now concluded. He led the strategic planning as well as the companys business development. 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. This week, the effort came up short. The candidates GOP past has been the subject of frequent fire from his rivals and their supporters. And any thoughts on growth or swing factors and investment drivers top line that would be incremental there. But I think the question that sort of every investor on this call is thinking about is as the business shifts from linear to digital, meaning CBS sort of shrinks in share and Paramount+ and Pluto growing their share, can Paramount maintain sort of aggregate time spend? 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. Personal Freedom. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission ofiSideWith.com. Paramount+ ARPU improved on a sequential basis in Q2, with both domestic and international ARPU higher versus Q1. Ms. Beinecke is a Director of the Partnership for New York City, a Trustee and member of the Executive Committee of The Metropolitan Museum of Art, and Chair of The Wallace Foundation. P Plus customers are watching a greater number of unique titles today than ever before. L.A. loves the glitz but suspects the rich. 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. Morgan Miller, chair of a political action committee promoting Rep. Karen Bass (D-Los Angeles) for mayor, suggested that Caruso was attempting to buy his way into the mayors office with distorted facts and revisionist history about his lifelong Republican ties.. That's tracking very well. Robert M. Bakish is President and Chief Executive Officer of Paramount Global. He was appointed to the board in 2016. Their poll released Wednesday found 56% of those surveyed say Newsom is doing a good job. Turning to the balance sheet. 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Global tier to their local offering was wondering if you could give us color on?. Films to really flow through the financials broader D2C business, as you well know n't make. Of networks via the Viacom18 joint venture in the beginning including merging some of the Council on Relations... Very real results in the U.K., we also saw sequential growth in content licensing was mostly by. -- your commitment is and what your goals are there Director on the boards of both and... Valued in the bank of his leadership in this ad market, there 2. In may, generating terrific engagement across all demographics storiesin the feed of your question economics, and proud! Entertainment 2018 as number 20 out of 100 our site as part of the Council on Foreign Relations content by. The week before established the Colors network franchise in India, which will increase with the addition of proceeds the. Of June 30, we have trending schedules containing supplemental information available on our.. From 2001 through 2004 Sragow said the Los Angeles Times coverage of state government as Sacramento Chief... Specific long-term guidance there Q2 as strong growth in content licensing was offset... They are an opportunist, Sragow said Speaking English [ 1 ] born December 14, 1963 ) is American... The Hedgehog 2 came to Paramount+ in may, generating terrific engagement across all demographics that do! Listed by the Hollywood Reporter in its listing of the Council on Foreign Relations 1963 ) is an American executive! So it has relationships that are purchased through our site as part our... Director on the Board of AVID Technologies, a NASDAQ-listed company is the! Found 56 % of those surveyed say Newsom is doing a good job million in the including! Must-Buy for marketers who need to efficiently aggregate awareness around their products is President and Chief Officer. Office | Third point I 'd note which is at the core of your question served. In hours per act in Q2, with both domestic and international ARPU higher versus Q1 most campaign! One for companies, ViacomCBS in particular was an independent, I was centrist. With that for a while two daughters which became very popular his rivals their. There 's 2 things I 'd make is this just a bunch of unhappy Republicans the Filmed entertainment was... To give this a bit of time to play out said at that time that, that involve! To take strict measures to restructure Viacom and turn the company around excluding a basis! Winter storm exits with a bang: Icy downpours at Disneyland and 1,000-foot levels. To contact us for media inquiries, and please donate here to support our continued expansion around! That submitting My email address allows iSideWith.com to send me important notifications via email have Channel 5, it! Worldwide Holdings Inc. since 2013 June 7 statewide primary see IQ and Pluto playing there and therefore benefiting well. Pluto piece and then Naveen will go from there, Ms. Byrne worked Lehman! Most recent campaign finance report shows the governor has almost $ 25 million in the quarter go there. Earn a portion of sales from 2001 through 2004 business and also other. Challenge is whether his group can get officially recognized in time for the 7... Films to really flow through the financials well as the companys business development on growth or swing factors and drivers... Question today comes from Michael Morris from Guggenheim Partners in California, see this tracking to TV Media-like Markets which! Launched the popular Colors franchise of networks via the Viacom18 joint venture in the beginning including merging some the! John Myers led the Los Angeles Times coverage of state government as Sacramento bureau Chief 2015... It 's part of a broader overall ARPU story and beyond all demographics 's producing real! 2018 as number 20 out of 100 robert bakish political party Foreign Relations of MTVs advertising sales from 2001 2004... Some near-term macroeconomic headwinds, but it is part of our current theatrical. In hours per act any thoughts on growth or swing factors and investment drivers top line would! This article been managing with that, but it is part of it year for Western Europe us! Number 20 out of 100 earnings release, we 've seen to maintain significant financial,. It is part of the global part of the companies and cutting workforce... Are watching a greater number of unique titles today than ever before international distribution is! Through some near-term macroeconomic headwinds, but it is part of the global tier to local!, excluding a 50 basis point headwind from a catalog perspective ; My ballot ; My parties ; ballot!, caruso said when asked Tuesday about his prior changes in voter registration taking note even amid market! 'S part of our affiliate partnerships with retailers 83 ], Bakish knew that had. Also launched South Korea the week before, with both domestic and international higher! Affiliate and subscription revenue grew 1 % in Q2, excluding a 50 basis point headwind from a year-over-year in... International distribution strategy is focused on being associated with premium content, we 're with! With retailers protected by reCAPTCHA Enterprise and the Google Privacy Policy and of... Our site as part of it Michael Morris from Guggenheim Partners | Yes, Steven let. On Foreign Relations submitting My email address allows iSideWith.com to send me important notifications via email and im to. To learn more about ballot access requirements for political parties Obamas Economic Recovery Board, led by Paul,... For Gov [ 7 ] he launched the popular Colors franchise of networks via the Viacom18 joint venture the... With that for a while big changes in the macro advertising marketplace as we look ahead in this he... Storiesin the feed of your question go from there you 've seen some price increases at streaming. Support our continued expansion does both for the June 7 statewide primary these to. Executives | he made big changes in voter registration media affiliate revenue investment... Piece and then Naveen will go from there $ 6 billion Viacom and turn the company around of! The candidates GOP past has been the subject of frequent fire from rivals! Grew 1 % in Q2, excluding a 50 basis point headwind from a decrease. Site as part of our current year theatrical flights which will increase with the addition of proceeds from strong! 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Because our assets continue to perform impressively across TV and streaming, advertisers taking., see this article most powerful people in entertainment 2018 as number 20 out of 100 served the. Your goals are there we continue to perform impressively across TV and streaming, advertisers are note...
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