ViacomCBS CEO Bob Bakish Calls IATSE Deal “Beneficial For Everyone, Certainly Makes For A Simpler Morning”

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CEO of ViaomCBS Bob Bakish Monday expressed relief at a deal reached over the weekend between IATSE and the AMPTP ahead of a Sunday deadline on a new film and TV contract, calling it “benefic…

“I don’t want to comment specifically on a competitor or what Ted said,” said Bakish. “I will say that for companies that are at scale serving people all around the world, there will be inevitably some content that we produce or exhibit in some shape or form that some people love and other people don’t like.”

“We are about serving audiences and we need to do it in the appropriate way. But if you are going to be in the mass market business you are going inevitably run into some of these issues and you have to manage them, finesse and ultimately, yeah, there may be some stuff you have to pull as you look at it. But it is not unusual to be there. We’ve been there before and unfortunately my guess is, we’ll be there again.

’ publisher Simon & Schuster – in the process of being sold to Penguin Random House parent Bertelsmann — is moving ahead with a two-book deal with former Vice President Mike Pence despite some employee outrage.

 

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Huh ..beneficial for Studio CEO's maybe. But not so fast. 'Some union members, on social media & in convo w The Hollywood Reporter, indicated w current momentum, there’s a willingness to strike rather than accept a subpar deal. Members still have to ratify a tentative agreement.'

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