“We anticipate continued delays in production for the duration of the strikes, and as such, we estimate free cash flow in the back half of the year will be significantly higher than previously expected,” Paramount CFO Naveen Chopra said.
Global hosted its second-quarter earnings call Tuesday amid the ongoing writers and actors strikes in Hollywood. Just like every other major media company that has reported its Q2 results already, the CBS parent company’s execs addressed the work stoppages with hopes for a timely resolution and comments on how it will affect their business operations.
Paramount CEO opened the call with some prepared remarks that noted a desire “for a timely resolution,” as well as a focus on minimizing “disruptions” to viewers. “We’re saddened that, as an industry, we couldn’t come to an agreement that would have prevented this,” Bakish said. “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.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Paramount+ to Premiere Multiple International Series in 2023Shows from Korea, Mexico, and more have also set premiere dates.
Weiterlesen »
Lecturers in the UK refuse to mark exams in labor dispute, leaving thousands unable to graduateLecturers at some 140 universities have refused to mark exam papers and coursework, in an escalation of a simmering dispute over pay and working conditions.
Weiterlesen »
Magic: The Gathering Reveals Multiple New Releases At Gen Con 2023WizardsOfTheCoast went full reveal mode at GenCon 2023, as we got word of multiple releases for MagicTheGathering this weekend. MTG WotC
Weiterlesen »
Mannheim Steamroller’s 2023 Christmas Tour to bring holiday joy to Jacksonville in NovemberThis spectacular Christmas event, led by the creative genius Chip Davis himself, will take place on Tuesday, November 21 at 7:30 p.m. at the Jacksonville Center for the Performing Arts.
Weiterlesen »
Tested: 2023 Hyundai Elantra N Channels Your Inner TeenagerWith customization options out the wazoo, this approachable sports sedan is a fun, frisky daily driver.
Weiterlesen »
Who’s the best offensive tackle in NE Ohio football 2023? Our picks, your votesWe're presenting fifteen of the area’s top players to watch in this position in the upcoming season. See who all made the list and vote for your favorite:
Weiterlesen »