Paramount Global CEO Bob Bakish briefly addressed the Hollywood writers’ strike during the media giant’s first-quarter earnings call for 2023 on Thursday.
“While the writers’ strike may cause some disruption, we are confident in our ability to manage through it,” he said. “Given the many levers we have to pull, we will continue to deploy content across platforms in an efficient way from theatrical movies that create revenue at the box office then move to Paramount+ to CBS entertainment, news and sports content which drives massive reach and engagement in broadcast and in streaming and more.”
Bakish emphasized that the company has “a lot of content in the can,” as well as a broad range of unscripted and reality programming and sports which will be unaffected by the strike.