Viacom CEO Bob Bakish Promises ‘New Strategic Vision’ This Week

Viacom CEO Bob Bakish will address the company’s “points of pain” and promised to unveil “a new strategic vision and framework” after Thursday’s quarterly earnings release, according to internet reports.

Late last year, Bakish didn’t shy away from identifying weaknesses in Viacom’s TV properties, and the disappointing two-year performance from Viacom’s movie studio, Paramount Pictures, which has disappointed in both box office and market share.