Viacom CEO Bob Bakish Says Non-Sports Bundles Are Future of Pay-TV

Bakish also sheds light on Viacom’s dramatic reshuffling of senior executives

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Viacom

Viacom CEO Bob Bakish has presided over a dramatic reshuffling in his nine months atop the media conglomerate, saying the personnel was not up to par when he took over the owner of storied entertainment brands including Paramount, MTV and Nickelodeon

“Candidly, I thought we could have a much stronger team,” Bakish told investors at the Goldman Sachs Communacopia conference in New York Wednesday.

But after replacing executives at nearly every Viacom company, most notably tapping former Fox film chief Jim Gianopulos to run struggling Paramount, Bakish said the company now has a “first-rate team” — singling out Gianopulos for extra praise.

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