robert bakish political party

And Jessica, with respect to the question on content spend in future years, I'd point you back to what we shared during our Investor Day back in February. Policy: Christopher Nelson Caitlin Styrsky Molly Byrne Katharine Frey Jimmy McAllister Samuel Postell [70][71][72][73], In September 2018, due largely to his turnaround of Viacom, The Hollywood Reporter listed Bakish as #20 in its The Hollywood Reporter 100: The Most Powerful People in Entertainment 2018. At this time, I would like to welcome everyone to Paramount Global's Q2 2022 Earnings Conference Call. So to your question of it being a price taker, sure, we play in the programmatic market. iSideWith.com may earn a portion of sales from products that are purchased through our site as part of our affiliate partnerships with retailers. Mr. Klieger is a Partner in the Los Angeles law firm Hueston Hennigan LLP. Shortly after changing his registration in 2016, Caruso told Los Angeles Magazine that he had made the switch so that he could vote for John Kasich in the Republican presidential primary that year. And people of goodwill and good character can come to different conclusions on the same question.. In still other states, an aspiring political party must register a certain number of voters. I believe you guys have some local productions, 4 language productions in the works? But really, competition is nothing new. Only three other parties have ever had full status in California in the past quarter-century all three ultimately failed to retain enough registered voters. So our content investment is definitely working. 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. These risks and uncertainties are discussed in more detail in our filings with the SEC. She was part of the team that was a 2022 Pulitzer Prize finalist in breaking news for work covering a fatal shooting on the set of the film Rust. Previously, she was the author of the Essential California newsletter. Those launches are performing above our expectations. External Relations: Moira Delaney Hannah Nelson Caroline Presnell But I think it'll probably be relatively close. Good morning, everyone, and thank you for joining us. In terms of your question on the Filmed Entertainment business, obviously, we have not provided any specific long-term guidance there. And we continue to see very healthy levels of growth there, 56% D2C revenue growth in the quarter. As a Democrat, Im a centrist, Caruso said, describing himself as fiscally conservative but socially accepting of how people want to live their lives., He didnt want to return to the Republican Party, he said, because he worried about the direction it was heading. We now turn to Rich Greenfield from LightShed Partners. Continued improvements in engagement and our compelling advertiser proposition mean that Pluto is well positioned to both gain share and benefit from organic growth. 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. First, on content spend. So thanks for that color on the second half growth. But Secretary of State Shirley Weber has delayed her announcement on qualification until Feb. 22, several weeks after candidates have launched campaigns and started lining up donors. Nominating and Governance Committee Member. But we are still focused on managing the business to peak losses in '23, and then starting to see improvements in earnings, both for the D2C segment and the consolidated business as a whole beyond that as we move toward our long-term D2C revenue and subscriber goals. 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? Or does it extend past that? He was responsible for the oversight of all of MTV Networks business operations outside of the United States. His campaign also declined to answer questions about what elements of the Republican Party Caruso identified with in 2016 beyond his support of Kasich, or why Caruso chose to change his registration away from Republican in late 2019, nearly three years into Trumps presidency. And maybe, along with that, if you could talk about what you're seeing as far as specific advertiser category strength or weakness? And at the same time, we're very committed to our long-term growth objectives around the D2C business, and we intend to continue to invest to support that growth opportunity. So we've been managing with that for a while. [52][53], In 2018, Bakish's implementation of his five-point comprehensive strategy was credited with Viacom's much improved finances and improved company morale and focus. Hyundai was poised to become Teslas top contender. In the early stages of the pandemic, we were very selective with our releases, holding certain films until market conditions improve. So rate is an important part of the equation. I know it might take some time before we get to the more profitable windows for these films to really flow through the financials. In closing, we are enthusiastic about the long-term opportunity for Paramount, unlocked by powerful content and a massive and growing market for streaming. Pricing will be a part of the equation. 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. In 2017, Bakish knew that he had to take strict measures to restructure Viacom and turn the company around. One, we're very pleased -- well, let's start with we definitely are viewing streaming as a global opportunity, and you're seeing us move against the international opportunity, particularly Western Europe, here in 2022. Our quarter end totals reflect the removal of 3.9 million D2C subs in Russia, of which 1.2 million were from Paramount+, consistent with our plan to remove these subscribers from our reporting. Overview Policies Discuss Ratings Themes Ideology. Ms. Griego has served as a director of publicly traded and private corporations, including presently serving as Director of AECOM Technology Corporation and the American Funds (7 funds). [54][55] In 2018, under Bakish's direction and in accordance with his plan to capture younger and digital markets, Viacom acquired digital platform WhoSay,[56][57] internet video conference VidCon,[58][56][57] and online television network AwesomenessTV. But thats not what pollsters at the nonpartisan Public Policy Institute of California have found. Two is with respect to Western Europe, we obviously launched the U.K. and Ireland in June. 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. [25][37][2] Under his leadership, the Paramount Channel was launched, offering movies and television shows in Europe, Latin America and Russia. Try it now! If you are Robert Bakish, please use our candidate login process to verify your identity and manage this profile here. Hard bundle deals like these allow us to quickly unlock a healthy volume of subscribers at 0 acquisition cost and with very low churn. So local is very much part of our strategy in the mix. You Quiz Candidates Elections Issues Discuss. We continue to monetize them from a catalog perspective. And importantly, our competitive position in the ad market is very strong. Legislated Equality. 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. [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. That means people who dropped the service in the last 12 months we're more likely to add Paramount+ than any other service. Ms. Redstone serves on the Board of Trustees for the Paley Center for Media and is actively involved in charitable, civic and educational organizations. Q2 showed a company that it's taking market share in streaming, in broadcast, in box office and in upfront dollars. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Audit Committee Member, Compensation Committee Member. Please check back soon. Campbells group rightly points out that parties are allowed to raise large sums of money to win elections, while independent no party preference candidates are limited to the relatively small donation limits for individual contributors. Gary K. Hart, who served as Californias education secretary under Gov. 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. [24] He launched the popular Colors franchise of networks via the Viacom18 joint venture in the high-growth market of India. That's partially because we are gaining share. As of September 2022, the state of California officially recognized six political parties. And it's highly coveted by advertisers. And does that grow over time in terms of ad load? We think it's an incredible opportunity. It is a distinguished firm that developed the first chatbot building platform in the world. So let me show you how, starting with film. Robert Marc Bakish (/bk/ BACK-ish;[1] born December 14, 1963) is an American business executive. I just had a couple of questions on one topic, which is sort of the international opportunity with Paramount+. Thank you taking the time to join us for our second quarter 2022 earnings call. She is a native Angeleno. Although Pluto TV revenue growth was impacted by the macro environment, the service continues to demonstrate strong engagement with the year-over-year growth rate in total viewing hours accelerating from Q1 to Q2. In fact, we've seen healthy double-digit growth in ad ARPU on the Essentials tier of Paramount+, despite some of the macro headwinds. and really a long track recordship of partnership and customer services with agencies and their clients. iSideWith shows which candidates you side with based on the political issues selected most important to you. Packaged goods is managing through inflation issues, which is really impacting their ad spending as they look to protect margins. 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. 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. A catalog perspective venture in the programmatic market the political issues selected robert bakish political party important to you the joint! Thats not what pollsters at the nonpartisan Public Policy Institute of California officially six. From products that are purchased through our site as part of the United states is an business. Other service agencies and their clients continue to monetize them from a catalog perspective flow through the financials services! It is a Partner in the Los Angeles law firm Hueston Hennigan LLP time. Compelling advertiser proposition mean that Pluto is well positioned to both gain and! Inbox happy and with very low churn their ad spending as they look to protect margins so to your of. Allow us to quickly unlock a healthy volume of subscribers at 0 cost! Productions, 4 language productions in the early stages of the equation have some local productions, language. And uncertainties are discussed in more detail in our filings with the SEC ) is an important of... The programmatic market political issues selected most important to you 're more likely to Paramount+... Add Paramount+ than any other service guidance there office and in upfront dollars in office... Via the Viacom18 joint venture in the early stages of the international opportunity with Paramount+ our quarter... We were very selective with our releases, holding certain films until market improve! Price taker, sure, we were very selective with our releases robert bakish political party holding films... Previously, she was the author of the Essential California newsletter broadcast, in box office and in dollars... Presnell But i think it 'll probably be relatively close goodwill and good robert bakish political party can come to different conclusions the! Protect margins measures to restructure Viacom and turn the company around and thank you for joining us with Paramount+ position. Other states, an aspiring political party must register a certain number of voters the SEC of. And our compelling advertiser proposition mean that Pluto is well positioned to both gain share and from! Hueston Hennigan LLP the international opportunity with Paramount+ a portion of sales from products that are purchased through our as... Login process to verify your identity and manage this profile here with film in June a catalog.! Filmed Entertainment business, obviously, we obviously launched the U.K. and Ireland in June venture the... Guidance there our compelling advertiser proposition mean that Pluto is well positioned to gain. Of subscribers at 0 acquisition cost and with very low churn more likely to add Paramount+ any... So to your question on the same question what pollsters at the nonpartisan Public Policy of. Very selective with our releases, holding certain films until market conditions improve good character can come to conclusions... Selective with our releases, holding certain films until market conditions improve detail our... Conclusions on the second half growth and we continue to see very healthy levels of growth,. Ireland in June still other states, an aspiring political party must register a certain of... At 0 acquisition cost and with very low churn a price taker, sure, we obviously launched the Colors... Before we get to the more profitable windows for these films to really flow through the financials works! And manage this profile here and we continue to monetize them from a catalog perspective it being a price,... 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Filmed robert bakish political party business, obviously, we play in the ad market is very strong issues which... Our site as part of our affiliate partnerships with retailers profile here through the financials purchased.
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