Bob Bakish, CEO ofParamountGlobal, has found himselfon his second earnings call discuss a strikein Hollywood.
Id like to take a moment to address the issue that is top of mind for all of us.
The ongoing writers and actor strikes.
Special Ops: LionessParamount
were saddened that as an industry, we couldnt come to an agreement that would have prevented this.
Discovery did by saying it saved around $100M as a result of both strikes.
The slate illustrates the strength of our global multi-platform asset base and strategy.
And its one of the ways were staying nimble, he added.
Bakish also talked up its international original series.
He said that there are 85 international originals already produced, in production or greenlit for Paramount+.
He admitted that the strikes do present some marketing challenges, which is something it is working to assess.
From a content perspective, were in pretty good shape, it all comes down to duration.
