Viacom

Drink, Dance, Donate: How Viacom Gave Back and Got Down for the 8th Year in a Row

“Everyone on the left side of the room say, ‘Give back,’” shouted Viacom President and CEO Bob Bakish, addressing a constellation of nearly 200 Viacom employees and nonprofit partners, all gathered in the White Box at Viacom’s Times Square Headquarters one evening in early December.

Viacom President and CEO Bob Bakish rallies the crowd at Give Back & Get Down VIII during his opening statements. Photo by Emil Cohen.

“Give back,” the crowd roared.

“Now everybody on the right side of the room say, “Get down!’”

“Get down!’”

After this rhapsodic rallying cry, Bakish began his opening remarks for our eighth annual gala of goodwill: Give Back & Get Down.

“Every year, Give Back and Get Down reminds us to celebrate the qualities that embody the Viacom spirit: empathy and engagement for the communities in which we serve,” said Bakish, applauding our Office of Global Inclusion (OGI), Employee Resource Groups (ERGs) and Corporate Social Responsibility (Viacommunity) department for their concerted efforts in organizing such a festive and fruitful event.

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Viacom Scores Golden Globe Nominations for “Downsizing,” “13 Reasons Why”

by Stuart Winchester, Viacom

Video created by Viacom Catalyst

Downsizing doesn’t hit theaters until Dec. 22, but the Alexander Payne-directed fantasy about a resource-starved future, in which citizens shrink themselves to conserve resources, is already creating enough buzz to earn a Golden Globe nomination.

Hong Chau earned a spot on the list of contenders in the Best Supporting Actress category, becoming just the third person of East Asian decent to earn that distinction since 1970, according to EW.com.

“This is the type of character who’s always in the background,” Chau told EW about the significance of her prominent role in the film. “I hope filmmakers will go back and take a look at people whom they thought they couldn’t mine drama or entertainment from. There are a lot of characters that have been underdeveloped because people aren’t interested or are afraid of attempting to tell their stories.”

On the television side, Viacom scored an additional nomination, for the Paramount Television-produced Netflix series 13 Reasons Why. Katherine Langford, who plays the tragic Hannah Baker – a high-schooler driven to suicide by the behavior of her fellow students on the hit series – is a finalist in the Best Performance by an Actress in a Television Series – Drama category.

Paramount Television, which is a division of the Paramount Pictures Hollywood film studio and is behind hits such as USA Networks’ Shooter and Epix’s Berlin Station, is an increasingly important part of Viacom’s business. On the company’s fourth-quarter and full-year earnings call on Nov. 16, Viacom CEO Bob Bakish noted that the studio had tripled revenues in just the last year alone and has an aggressive slate planned for 2018.

Seth Meyers will host the 2018 Golden Globes, which will air live on NBC at 8 p.m. ET on Jan. 7, 2018, broadcast from the International Ballroom of the Beverly Hilton.

Viacom’s 2017 Employee Halloween Costume Contest Winner Lina Henriquez, aka La Calvera Oscura, On Her Culturally Inspired Look

Congratulations to Lina Henriquez, our 2017 Viacom Employee Halloween Costume Contest winner. By day, Henriquez works in our Core Services department as the executive receptionist, greeting visitors and directing incoming calls.

By night, she’s a holy ghost, the grand dame of death, a Mexican folk saint. Well, at least on Halloween.

Henriquez was inspired to honor Mexico’s saint La Calavera Oscura after a recent trip to the country.

Below, Henriquez explains the meaning behind her costume, how much effort (and makeup) went into creating the stunning, authentic look, and how she celebrated the spookiest night of the year.

Lina Henriquez is the 2017 Viacom Employee Halloween Costume Contest winner. Photo courtesy of Henriquez.

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Viacom Scores Five 2018 Critics’ Choice Nominations

by Stuart Winchester, Viacom

Congratulations to Viacom’s TV Land, MTV, VH1 and Paramount Pictures, each of which scored at least one nomination for the 2018 Critics’ Choice Awards.

A Manhattan striver who shaves 15 years off her age to advance her career, a raw look at the often shaky lives of teenage mothers, the greatest drag spectacle on television, and a what-if world where humankind shrinks itself to spare the planet’s resources – here’s a closer look at the properties that earned Viacom five nominations:

Best Actress in a Comedy Series – Sutton Foster, Younger – TV Land

Best Unstructured Reality Series – Teen Mom – MTV

Best Reality Competition Series – RuPaul’s Drag Race – VH1

Best Reality Show Host – RuPaul, RuPaul’s Drag Race – VH1

Best Supporting Actress – Hong Chau, Downsizing – Paramount Pictures

The Critics’ Choice Awards will air Thursday, Jan. 11, 2018 on The CW Network.

“This Continues to Be an Extremely Undervalued Company” – Six Highlights from Bob Bakish’s UBS Global Media & Communications Q&A

by Stuart Winchester, Viacom

Viacom CEO Bob Bakish attends the Ribbon Cutting for the new Viacom Building on January 26, 2017 in Los Angeles, California. (Photo by Todd Williamson/Getty Images)

Viacom CEO Bob Bakish appeared onstage at the UBS Global Media and Communications Conference yesterday in New York City, where he spoke to media and telecommunications analyst John C. Hodulik.

Bakish discussed the financial improvements surfaced in Viacom’s recent earnings report, the strength of Paramount’s film and television studios, flagship network highlights, and his optimism about the growth opportunities available through multi-platform distribution, live events, and other streams.

In his remarks, Bakish crystalized several key points about Viacom’s operations. Six of the most important are pulled out below. Click here to listen to the full conversation.

1) Viacom is a global cross-platform content engine

“And as we pivot and look to 2018, what we’re really focused on – and people think about Viacom and they say, ‘you’re a pay-TV company.’ And it’s true that we have a substantial business base in pay television. But what Viacom really is, it’s a global content engine across television, across feature film and increasingly across digital-native.”

2) Partnerships are key to growth

“The interesting thing is outside the U.S., in most markets, still today, Viacom is a relatively small player. And so, how do we get the benefits of being a bigger player? And the route to that was through partnership, whether that was partnering with our distributors, on the advertising side. We participated in a whole set of ad sales houses through that time, some of them we run, some of them other people run, some of them were joint ventures but that was all about getting the benefits of scale.”

3) Viacom’s flagship brands remain the priority

“Well, flagships [Nickelodeon, Nick Jr., MTV, Comedy Central, BET and the soon-to-launch Paramount Network] are certainly Viacom’s priority because again we think there’s significant opportunity particularly to grow share there on the network side, as well as broader awareness. As we begin to implement that strategy we certainly remixed our programming investment and moved it towards the flagships, point one. And point two is within the flagships, a brand like MTV, which I’m continuing to be tremendously excited about, there was a place where we put a new team in place, we put a new strategy in place, that strategy was about shifting the programming mix. MTV had gone to a place where it was very invested in scripted programming, which is quite frankly something you can get from a variety of places and it was not really a core association of the brand, so we’ve moved it to a more of an unscripted place, more of a live place.”

4) Viacom is the market leader in advanced advertising

“And by the way, on the advanced advertising space, Viacom is clearly the market leader. We partnered with Fox and Turner to set up OpenAP and we did that so the category can continue to scale, which is a very important thing for us. But we were the leader and we, as far as I know, are the only people doing these type of multi-faceted distribution deals and you’ll see the benefit of those start to come online as we get into 2018 too, and we’re able to unlock some more of this addressable inventory. So I think that is a very exciting road ahead. And again, sets the stage for a much more productive partnership with the MVPDs here in the U.S. and frankly around the world.”

5) 2017 was about stabilization, 2018 is about acceleration

“But as we accomplished really the stabilization of the company and I think that’s the best word, 2017 was about stabilization, 2018 is about acceleration particularly in these newer areas.”

6) Viacom is an undervalued cash machine

“Well, Viacom if you look at 2017, $1.5 billion to $1.7 billion in cash flow, durable cash flow, it’s about a 15 percent yield. So, this thing is a significant cash machine. You look at 2017 and we eliminated the big overhang on the business, quite frankly, which was the uncertainty around distribution. We have distribution deals with mid-single digit annual escalators locked in through well past 2020. So we have a secured distribution base and we have these incremental opportunities that are not only ideas on the next-generation platforms and solutions, on incremental revenues beyond the core, they’re not only ideas, they’re businesses we are already in, in 2017 that we are, therefore, know how to operate and can accelerate. So there is a tremendous opportunity ahead. This continues to be an extremely undervalued company.”


Bakish also appeared on CNBC last week. Watch his conversation with Julia Boorstin here.

Legends Return and Stars Unite as Viacom Nets Stuff the Content Pipeline

by Stuart Winchester, Viacom

It’s a time of great energy and invention at Viacom, with our networks announcing new shows, series extensions, and reboots weekly.

“Content is what Viacom is,” Viacom CEO Bob Bakish told CNBC’s Julia Boorstin last week. And this robust content pipeline underscores that point as ratings continue to creep up at core channels and fourth-quarter and full-year earnings map upticks in revenue and other key financial metrics.

The return of those crazy kids of Jersey legend, a beloved host helms an all-new concept, a fan-favorite franchise expands south, an unlikely onstage pairing produces a dazzling country-pop concert, a pair of season renewals drop, and a comedy legend is honored – here’s a look at previews for some our most anticipated programming, all of which MTV, VH1, CMT and Spike have released in just the past week:

MTV:

When Floribama Shore hit with the highest ratings of any network premiere in three years, it underscored fans’ hunger for the return of the Shore franchise. Perhaps foreseeing this enthusiasm, MTV queued up the return of the original series cast with a spot announcing Jersey Shore: Family Vacation during Floribama’s debut.

We don’t have many details or even a premiere date yet, but we know the important stuff: Deena, Pauly D, JWOWW, Vinny, Ronnie, Snooki and The Situation will all be back on our screens, together:

After headlining a pair of MTV classics in Rob & Big and Rob Dyrdek’s Fantasy Factory,  skateboarder and reality star Rob Dyrdek returns to the network headlining Amazingness. Human towers, a hands-free archer, stepladders balanced on teeth – check out what will be – in Dyrdek’s words – “the talent show like no other talent show in the world” beginning this Friday, Dec. 8.

VH1:

VH1 has a New Year’s present for its rabid base of Love & Hip Hop fans – the premiere of the latest complement to the hit shows set in New York, Atlanta and Hollywood: Love & Hip Hop: Miami. Here’s a first look at the series and its ensemble cast, featuring Trick Daddy, Trina, Gunplay and Amara La Negra, among others:

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Your Authenticity Is Your Superpower, and More Insights From HERE Presents: Breakthrough Women in Sports

Asani Swann is the vice president of business strategy at Melo Enterprises, the multi-million-dollar organization of NBA All-Star athlete Carmelo Anthony. She’s also a woman of color.

Swann entered the male-dominated sports management industry armed with a bevy of professional experience in branding, contract negotiation and business partnership from her previous career at Macy’s. She had her MBA. And for the first time in her life, she lost her voice.

“There weren’t a lot of people who looked like me,” said Swann, speaking to nearly 250 Viacom employees and guests at HERE Presents: Breakthrough Women in Sports, a panel discussion sponsored by our employee resource group for women (HERE).

“When I walked into a room, people would ask me if I had gone to college,” said Swann. Other times, they’d ask if she was somebody’s girlfriend.

But Swann didn’t stay silent for long. She learned to alchemize negative energy into personal empowerment. Her career thrived, and so did her soul.

“Authenticity,” said Swann, “is my superpower.”

HERE Presents: Breakthrough Women In Sports panelists share wisdom from their success in a male-dominated industry. From L-R: Lisa Borders, Jaymee Messler, Stephanie McMahon, Pam Kaufman, Constance Schwartz-Morini and Asani Swann. Photo by Matthew Levinson for Nickelodeon.

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“Content Is What Viacom Is” – CEO Bob Bakish Talks Success and Strategy on CNBC

by Stuart Winchester, Viacom


Viacom CEO: Content is essentially what Viacom is from CNBC. Used with permission.

Less than two weeks after reporting fourth-quarter and full-year 2017 earnings headlined by year-over-year revenue gains built on strong partnerships and improving ratings, Viacom President and CEO Bob Bakish appeared on CNBC this morning to further underscore the company’s recent successes and positive long-term trajectory.

“You look at ’17, and I’m really happy with what we’ve accomplished,” Bakish told CNBC’s Julia Boorstin. “We rolled out this notion of flagship brands, which is about prioritization and multiplatform expression; we grew ratings and our ratings had been declining; our ad sales business went from minus eight in the quarter I took it over to flat last quarter, and that’s a big improvement; our distribution relationships, we said we were going to broaden them and bring more value to the table, and we did exactly that, and along the way renewed or extended half the sub-base; we moved the needle on content and IP, including doing some cross-house deals.”

There is still a lot of work to do, Bakish acknowledged, as he outlined the reasons for his optimism. “At the core, what Viacom is, is it’s a company of passionate content entrepreneurs that are expert in creating, producing, packaging and monetizing content on a global basis.”

Bakish also pointed to Viacom’s deep content library and novel partnerships arrangements – such as the company’s recent Charter renewal that included co-production of original content and collaborations around advanced advertising – as factors likely to contribute to the company’s long-term growth.

“Content is at the center of virtually every conversation,” Bakish said. “And content is what Viacom is.”

BET, Comedy Central, Nickelodeon, Spike and VH1 Are Viacom’s NAACP Image Award Nominees

Tanya Davis contributed reporting.

We’re thrilled to report that Viacom’s brands have just been nominated for a total of 16 NAACP Image Awards across BET, Comedy Central, Nickelodeon, Spike and VH1. The awards honor outstanding achievements of people of color and those who promote social justice in the arts, and we couldn’t be more proud of our nominees — see the list below. Winners will be announced at a live ceremony on Martin Luther King Day (Monday, Jan. 15).

Congratulations to everyone involved for their fantastic work on these programs. Check out our nominated shows and specials and the respective award categories below.

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“It’s Almost Like Meditation” – the Wonderful Visual Language of Jim Houser

by Stuart Winchester, Viacom

There is a lot to process in a Jim Houser installation.

First, there is the painted landscape sweeping across the walls, geometric blocks of bold pastels interspersed with bulbous oversized characters, oblivious and indifferent, like some deep-sea creatures captured unknowingly in a diver’s spotlight. Interspersed about this, like small towns tucked into the vast countryside and observed from above, are pockets of framed art, bespoke artifacts, found objects and curiosities.

Jim Houser’s installations cleverly blend large background elements with smaller, intermingled clusters of objects and paintings. Photo by Studio Brooke.

In HERE, RIGHT HERE, which Houser recently created at Viacom’s global headquarters in Times Square as part of the company’s Art at Viacom series, this eclectic visual language stamps its story across the lobby walls. An amalgam of original artworks, pieces repurposed from past shows, and a collage sourced from an employee workshop, the installation is a varied and fecund articulation of Houser’s inner world, a vast and carefully considered mash-up of sketches, painted characters, poems and three-dimensional objects.

Houser took a break from his installation to sit with me in Viacom’s humming seventh floor cafeteria, where we discussed his process, his creative choices, and why the company is a great artistic partner. Remarks have been and edited for length and clarity.

Stuart Winchester: How did you connect with Viacom?

Jim Houser: I have a commercial agent, who works with other artists in my vein, and one of them was Dabs Myla for their project here at Viacom, and they were like, “Viacom’s awesome.” So I sent a bunch of images and I guess they were into it.

SW: Take me through the process of planning and seeing the space and executing the design once you connected with Viacom.

JH: I had done a show in the early spring in Philadelphia, which is my home base. I sent the Art at Viacom people images, and said, “This is what I just did, I can easily make more work and then combine it with the installation elements that I used for this last thing that I’d done, and I can easily transform it to fit the space.” So I just mocked up images and they sent me images of the space they had, and I explained what I would do and it went from there.

A collage anchors an arrangement of paintings and objects in Jim Houser’s HERE, RIGHT HERE installation for Art at Viacom. Photo by Studio Brooke.

SW: Did you actually visit the space live?

JH: I didn’t, but that’s kind of a common thing for me. I travel around doing this kind of stuff in different cities, and I’ve been doing it for almost 20 years, so I’m kind of used to saying, “send me a floorplan, and photos from the four corners of the room, and I’ll figure it out.”

SW: So once you get onsite, at what point does the piece start to take shape?

JH: The one thing that’s different about this install than maybe some other ones in the past is that even though this area is a room, it’s really just the two walls, and I’m not able to work on the full room at once. So it’s almost like I have to do two installations. I think there’s 60 or 70 paintings total, so in my head I’m splitting my paintings up, because I don’t want to hang 60 on one wall and be like, “Oh, I only have 10 for the other.”

A shot of several paintings and other elements arrayed together in HERE, RIGHT HERE, Jim Houser’s Art at Viacom installation in New York City. Photo by Studio Brooke.

SW: So of those 60 or 70 paintings, were there any created specifically for this installation, or did you have these already?

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