In September, the People’s Choice Awards announced nominees for their 44th annual show. Viacom earned 30 shortlist spots for its shows and movies, and 13 finalist nominations for awards at the ceremony on Sunday, Nov. 11.
Six women leaders from across Viacom’s global operations will join the next two cohorts of the Betsy Magness Leadership Institute (BMLI), working alongside dozens of their industry peers in a yearlong leadership development program.
“WICT [Women in Cable Telecommunications] is honored to welcome the incoming BMLI classes,” said Maria E. Brennan, CAE, president and CEO of WICT, which announced this year’s classes. “Our graduates represent many of the most influential and committed leaders in our industry. The collective contributions made by our graduates is immeasurable and serves as a testament to the impact of the BMLI program.”
BMLI’s immersive curriculum includes feedback on participants’ leadership styles and helps them develop a strategic vision for their teams and companies.
“I’m looking forward to working on myself as a leader, and improving for the organization and for my team,” said Viacom Vice President of Talent Acquistion for Campus to Career and Internal Mobility Suzanne Rosenthal.
The program has already launched. Following a battery of pre-assessments filled in by participants’ managers and direct reports, a nutritional audit, and more, Rosenthal and the rest of her cohort traveled to Greensboro, North Carolina for an intensive first week. The sessions, which included comprehensive assessments based on coworker feedback, a three-plus-hour individualized executive coaching session, and a full day focused on health and wellness – all in conjunction with the Center for Creative Leadership –forged close connections among participants.
Four Viacom women in Class 38 of the Betsy Magness Leadership Program gather to kick off this year’s program. L to R: Claudia Loda, Suzanne Rosenthal, Michelle Narciso, Kelly Bradshaw.
“We formed these unbelievable bonds with women from across the industry,” said Rosenthal, noting that the cohort now communicates over one massive group text. “I think women leaders in some cases face different challenges than men, and they overlay those on top of media and the very, very changing landscape.”
Nicole Buccheri works as a legal operations coordinator for Viacom’s corporate legal department, specializing in billing and finance. Buccheri says she likes working with numbers, and has found a niche in the company analyzing legal vendor rates and drafting cost reports for management.
In August, Buccheri switched gears and witnessed life at Viacom through a different lens, as the latest winner of Viacom’s sweepstakes that sends employees to tentpole award shows. She won two tickets to attend the pinnacle of pop culture: the MTV VMAs, held this year at Radio City Music Hall in New York City.
The 2018 MTV VMAs, captured by Viacom employee Nicole Buccheri. Photos courtesy of Nicole Buccheri.
Last night, VH1 broke yet another benchmark at the 70th Primetime Emmy Awards, as RuPaul’s Drag Race won its fifth Emmy this year (after racking up four at the Creative Arts Emmys last week) for the category of Outstanding Reality-Competition Program. Drag Race is now the first show in history to earn an Emmy for best reality series and best reality host in the same year. The awards, like Ru’s star on the Hollywood Walk of Fame, are yet another symbol of the show’s enduring popularity, critical acclaim, and cultural impact.
Fans have embraced Drag Race for its universally accessible message of self-love and acceptance – especially in recent years. The show is a beacon of resistance and hope set against a tense political climate; sprinkling glitter and feathers in the face of bigotry.
In light of RuPaul’s seismic sweep, Vanity Fairfilm critic K. Austin Collins underscored how Drag Race, a diverse, controversial and intimate show, has etched its mark on Hollywood and the entertainment industry:
“On a night that was host to what S.N.L. star and Emmy nominee Kenan Thompson called “the most diverse nominees in Emmy history,” it was only appropriate that one award—for outstanding reality-television program—should push the event beyond the usual questions of race and gender.
RuPaul’s Drag Race—the most culturally influential queer show on television, as well as one of the most consistently racially diverse—tackles all of the above, rambunctiously, complicatedly, and at times controversially, but just as often with love.”
Viacom President and CEO Bob Bakish appeared on CNBC’s Squawk on the Street yesterday, joining co-host David Faber from backstage at the Goldman Sachs Communacopia conference.
“Viacom is a story of turnaround and evolution,” Bakish said, before detailing the company’s progress ramping up its studio production business, expanding its digital presence, improving affiliate relationships and revenue, and adapting Viacom to an increasingly digital landscape.
“My job is to move Viacom forward, turn it around, evolve it, make sure it’s a vibrant company for the future to benefit our shareholders, our employees and all our partners, that’s job one, that’s what we’re doing,” Bakish said.
Here are a few highlights of the conversation:
“Viacom is a story of turnaround and evolution”
“Viacom is a story of turnaround and evolution. And on the turnaround side, we’ve had a lot of progress on distribution, and on the evolution side – which is really where this fits – we’ve announced recently that we’re ramping up our studio production, including on our flagship brands, on MTV and Comedy Central and Nickelodeon, and that’s about getting those brands represented in third-party platforms, so that consumers who might not have a full bundle still has access to these brands, still think of them in their entertainment experience, and by the way, could be promotion to bring people into a bigger bundle.”
Viacom is increasingly Over The Top
“[Philo – which includes Viacom – is] a low price point, entertainment skinny bundle delivered via OTT. … AT&T Watch is essentially that too. There’s no broadcast, there’s no sports in there. It’s all entertainment product. It’s a limited selection, so we think there’s more to come, and in fact in every MVPD cable renewal or extension deal we’ve done in the last year and a half, it includes provision that we’ll be added to any OTT or skinny bundles that they have, so it’s more product to come.”
Delivering an evolution
“From the beginning, back to November of ’16, my focus has, was and continues to be running this company, moving it forward, delivering a turnaround, delivering an evolution. And on the turnaround we’ve got proof points on U.S. distribution, where, by the way, we have sequentially improved our distribution revenue every quarter this fiscal year. We’ll have growth in the fourth quarter, the quarter we’re in right now, and we’ll have growth in 2019. We’ve improved our audience shares. We’ve tremendously turned around Paramount.”
The financial picture improves across Viacom
“We’re focused on putting points on the board. We are. Coming out of the third quarter, I think we started to get some recognition on that. Coming out of our fourth quarter, when we deliver not only sequential improvement in domestic affiliate, but growth in domestic affiliate, I think we’ll get some respect for that. When we talk about the numbers that Paramount’s delivering, I think we’ll get some respect for that. And you don’t know what the catalyst to turn [the stock price is], but we have had a real change in sentiment.”
Viacom evolves into a multi-platform global entertainment company
“The fundamental thing we need to do is shift the narrative. People look at us, and they say, ‘yeah, yeah, yeah, you’re a domestic pay TV company,’ and the reality is, that’s wrong. We’re a multi-platform global entertainment company. And that’s why this evolution point, building these new revenue streams, whether it’s studio production, our Advanced Marketing Solutions business, our advanced ad business, which, the strategy is to use that to more than offset any decline on call it the traditional side, that business is growing over thirty percent. You’ll see that business grow, on a percentage basis, accelerate in ’19.”
Earlier in the morning, Bakish also appeared onstage at Communacopia. You can listen to his full question-and-answer session here.