Tag Archives: Bob Bakish

Gains in affiliate and streaming revenues at ViacomCBS in Q2 helped to partially offset a 27-percent drop in advertising revenues due to the COVID-19 pandemic.

Bob Bakish, the president and CEO of ViacomCBS, discussed the company’s approach to expanding its streaming businesses, free and pay, in conversation with Media Partners Asia’s Vivek Couto on day one of the APOS 2020 Virtual Series.

The merger of CBS Corporation and Viacom is now complete, with ViacomCBS CEO Bob Bakish calling it a "historic moment" for the media industry.

Viacom reported stronger U.S. ad revenues and gains in its international business in Q4 and fiscal 2019, as well as a return to profitability at Paramount.

CBS and Viacom have officially agreed to merge, with Bob Bakish to lead the combined company.

Viacom's revenues rose by 4 percent in the third quarter to reach $3.36 billion, with net profit from continuing operations rising by 5 percent to $538 million.

Second-quarter net earnings at Viacom rose by 42 percent to $363 million on revenues of $3 billion, 6 percent lower than the year-ago period.

Net profit at Viacom in Q1 fell from $537 million in the year-ago period to $321 million on revenues that were up 4 percent to $3.1 billion.

Double-digit gains at Paramount helped to lift Viacom's fourth-quarter revenues by 5 percent to $3.5 billion.

Viacom CEO Bob Bakish has been lined up to deliver the International Keynote at the RTS London Conference 2018.