ViacomCBS Enters Streaming War With Paramount+ Service

The transcript discusses Viacom's rebranding to Paramount Plus, highlighting the addition of new content and the company's strategy in the film industry. Despite the impact of COVID-19 on film releases, Paramount is optimistic about its future slate. The focus is on leveraging Paramount Plus to bring new films to streaming after a short theatrical window, balancing theater and streaming experiences. The model is considered sustainable, benefiting talent, theaters, and the company.

What challenges does Paramount face in the film business due to COVID?

What does the CEO believe about the sustainability of their streaming model?