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press release

July 1, 2021, 9:00 a.m. EDT

ViacomCBS Announces Global Appointments

ViacomCBS Inc. /zigman2/quotes/200340870/composite VIAC -0.12% /zigman2/quotes/206702514/composite VIACA -0.14% today announced that it will unify the company’s US and international businesses under a simplified global leadership structure. Effective immediately, Chris McCarthy and Brian Robbins are each promoted to the role of President & CEO, with global oversight for their respective brand groups, MTV Entertainment Group and Nickelodeon. In addition, George Cheeks, President and CEO, CBS, will expand his role to include responsibility for a global content strategy across ViacomCBS’ FTA networks around the world.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210701005504/en/

McCarthy, Robbins and Cheeks will continue to report to Bob Bakish, President & CEO, ViacomCBS, and work closely with Raffaele Annecchino, President & CEO of ViacomCBS Networks International (VCNI). International brand leadership will be realigned under this new structure.

In addition, Dan Cohen, President of ViacomCBS Global Distribution Group, will add distribution of ViacomCBS International Studios content to his group's mandate, which will now oversee all ViacomCBS content licensing and distribution globally. Barbara Zaneri assumes the title of Chief Program Acquisitions Officer for ViacomCBS, to reflect her expanded role leading all acquisitions globally across linear, streaming and pay. Zaneri will continue to report to McCarthy and partner closely with leaders across ViacomCBS and VCNI.

“These changes enable a truly global approach to brand management, content acquisitions and licensing across ViacomCBS’ networks around the world,” said Bob Bakish. “With a global reach of 4.1 billion cumulative homes in over 180 countries, our globally aligned leadership structure will ensure that our internationally recognized brands and content are ubiquitous across every platform and every market.”

About ViacomCBS

ViacomCBS /zigman2/quotes/200340870/composite VIAC -0.12% /zigman2/quotes/206702514/composite VIACA -0.14% is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. The company delivers the largest share of the U.S. television audience and boasts one of the industry’s most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, ViacomCBS provides powerful capabilities in production, distribution and advertising solutions.

For more information about ViacomCBS, please visit www.viacomcbs.com and follow @ViacomCBS on social platforms.

VIAC-IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20210701005504/en/

SOURCE: VIACOMCBS INC.

Peter Collins
Vice President, Corporate Communications
(917) 826-4182
peter.collins@viacomcbs.com

COMTEX_389201449/2456/2021-07-01T09:00:23

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Copyright Business Wire 2021

/zigman2/quotes/200340870/composite
US : U.S.: Nasdaq
$ 39.03
-0.05 -0.12%
Volume: 4.46M
Oct. 20, 2021 3:21p
P/E Ratio
7.35
Dividend Yield
2.46%
Market Cap
$25.37 billion
Rev. per Employee
$1.14M
loading...
/zigman2/quotes/206702514/composite
US : U.S.: Nasdaq
$ 41.70
-0.06 -0.14%
Volume: 31,680
Oct. 20, 2021 3:20p
P/E Ratio
7.84
Dividend Yield
2.30%
Market Cap
$25.37 billion
Rev. per Employee
$1.14M
loading...
/zigman2/quotes/200340870/composite
US : U.S.: Nasdaq
$ 39.03
-0.05 -0.12%
Volume: 4.46M
Oct. 20, 2021 3:21p
P/E Ratio
7.35
Dividend Yield
2.46%
Market Cap
$25.37 billion
Rev. per Employee
$1.14M
loading...
/zigman2/quotes/206702514/composite
US : U.S.: Nasdaq
$ 41.70
-0.06 -0.14%
Volume: 31,680
Oct. 20, 2021 3:20p
P/E Ratio
7.84
Dividend Yield
2.30%
Market Cap
$25.37 billion
Rev. per Employee
$1.14M
loading...

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