Paramount CEO Bob Bakish responds to the ongoing WGA writers strike, saying the media company has already made content plans during the strike.
Paramount Global CEO Bob Bakish has responded to the ongoing writers strike, saying the company has already made plans for what to produce if the strike continues. The Writers Guild of America had been threatening to go on strike following insufficient negotiations with the Alliance of Motion Picture and Television Producers . The writers strike was officially confirmed on May 2, impacting many TV and film productions from companies in the AMPTP.
Obviously, we’ve been planning for this, we do have many levers to pull and that’ll allow us to manage through the strike, even if it’s for an extended duration. In terms of those levers, we have a lot in the can, so to speak, content in the can. So with the exception of things like late-night, consumers really won’t notice anything for a while.
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