Paramount CEO Optimistic for Swift Resolution to Writers and Actors Strikes

Paramount CEO Bob Bakish expresses hope for a timely resolution to the ongoing writers and actors strikes in Hollywood, emphasizing the importance of the partnership with the creative community. The company expects higher free cash flow in the second half of the year due to cost-savings from the strikes. Bakish highlights the success of Paramount+ series Special Ops: Lioness and the use of series like Yellowstone to strengthen CBS' fall slate. He also mentions the production of 85 international originals for Paramount+.