Bob Bakish, CEO of Paramount Global, has found himself on his second earnings call discuss a strike in Hollywood. “I’d like to take a moment to address the issue that is top of mind for all of us.
The ongoing writers and actor strikes. were saddened that as an industry, we couldn’t come to an agreement that would have prevented this.
Our partnership with the creative community is critical to the health of our industry, so we remain hopeful for a timely resolution, and we are committed to finding a path forward.
At the same time, we have a responsibility to minimize disruptions to our audiences and other constituents,” he said. This comes after the WGA and the AMPTP failed to reach an agreement to resume contract negotiations after a meeting on Friday.
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