Bob Bakish also tells a virtual investor conference why Showtime's streaming service is"more coastal" than Paramount+ and how"we have proven the skeptics wrong" with the Viacom-CBS merger.streaming service in the U.S., Canada and Latin America, CEO Bob Bakish on Tuesday touted the successful merger that created the entertainment giant, as well as the outlook for its streaming business.
"I believe this is a sustainable offer," Bakish said on Tuesday, calling it the"right model for the future." He said he has talked about it a lot with Paramount boss Jim Gianopulos, talent and other constituents. Asked why Paramount+ isn't folding in Showtime OTT, Bakish said Showtime"had a fantastic year in 2020," both financially and in terms of subscribers, plus a"great" January and February. Its edgier content is also"more coastal" than the broader-based Paramount+, he said, explaining that was why his team felt it"makes sense," at least for now, to keep the services separate.
What is “coastal” code for? I’m assuming it’s racist or anti-Semitic, but would love to know for sure.
'Take THAT, you 5 people that were paying attention to what we were doing.'
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