Movies

Paramount CEO Callously Dismisses Impact of Writers’ Strike

‘WON’T NOTICE’

“Obviously, we’ve been planning for this,” Paramount Global CEO Bob Bakish assured investors.

Workers and supporters of the Writers Guild of America protest at a picket line outside Paramount Studios
REUTERS/Aude Guerrucci

The current WGA strike has left a lot of upcoming television and film releases up in the air. However, Paramount Global’s CEO Bob Bakish is assuring investors that consumers “won’t notice” the impact of the work stoppage. “Obviously, we’ve been planning for this,” Baskin said during an earnings call on Thursday. “We do have many levers to pull and that’ll allow us to manage through this strike, even if it’s for an extended duration. In terms of those levers, we have a lot of 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.” Major Paramount projects for this year include Transformers: Rise of the Beasts, Mission: Impossible – Dead Reckoning Part One and the new Taylor Sheridan show Special Ops: Lioness.

Read it at Hollywood Reporter