Paramount’s Jim Gianopulos Talks Viacom-cbs Deal, Streaming Wars and Box Office Slump

The soon-to-combine Viacom and CBS will be opportunistic about selling content to third parties even as it looks for synergies throughout the enlarged companies. That’s the word from Paramount Pictures chief Jim Gianopulos, who spoke Wednesday at Bank of America Merrill Lynch Media Communications and Entertainment conference in Los Angeles.

In a wide-ranging Q&a with veteran analyst Jessica Reif Ehrlich, Gianopulos touched on hot-button issues ranging from the prospect of changes to theatrical windows to the slow pace of U.S. trade negotiations with China to the upside for movies studios from the growth of exhibitor loyalty and subscription programs.

Gianopulos echoed the view shared by ViacomCBS CEO Bob Bakish that the enlarged company will play the field in terms of selling to outside buyers in addition to seeking cross-divisional opportunities when possible. Disney, Comcast and WarnerMedia are in the midst of launching ambitious streaming platforms that will
See full article at Variety - Film News »

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