ViacomCBS CFO: Streaming Content Spend Will Double in 2021 [THR]

ViacomCBS CFO: Streaming Content Spend Will Double in 2021 [THR]

By Alex Weprin

September 14, 2021 | Why did ViacomCBS shake up the leadership at its Paramount Pictures division this week? According to CFO Naveen Chopra, the move is about making sure the company can adapt to a rapidly changing entertainment environment.

Speaking at a Bank of America conference Tuesday, Chopra heaped praise on outgoing Paramount chief Jim Gianopulos, saying that he “leaves some very big shoes to fill.” However, he added that new Paramount chief Brian Robbins “is really the perfect person to take the reins from here.”

Read more on The Hollywood Reporter.

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