Code Media@Home with Bob Bakish - Recode

ViacomCBS CEO Bob Bakish discusses the company's brand strategy, media portfolio, and streaming services, including Pluto TV and Paramount+, highlighting their focus on quality content, competitive pricing, and sports partnerships.

Key takeaways
  • Code Media@Home with Bob Bakish - Recode
  • Research says ViacomCBS has a strong brand that appeals to a broad set of consumers, especially families with kids
  • The company is focused on optimizing content investment against growth, with a mix of free and paid services
  • Pluto TV is a key part of this strategy, with 36 million MAUs and a growing brand awareness
  • The company will focus on creating a strong portfolio of content, including original shows and licensed content
  • Paramount+ will offer a range of content, including sports, news, and entertainment, with a focus on differentiation through high-quality sports and original programming
  • The company will also prioritize building a strong brand and competitive price
  • Pluto TV’s success is due to its unique business model, which combines ad-supported streaming with a free, ad-light service
  • The company is confident that Pluto TV will continue to grow and succeed as a standalone service
  • The NFL has a strong partnership with ViacomCBS, and the company will offer a range of sports content, including live events and original programming
  • Paramount+ will be a key player in the streaming market, with a focus on quality, brand, and competitive price