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CBS Corp and Viacom Inc at Goldman Sachs Communacopia Conference Transcript

Sep 17, 2019 / 04:25PM GMT
Release Date Price: $43.82
Andrew M. Borst
Goldman Sachs Group Inc., Research Division - VP

Okay. Great. People want to grab their seats. We'll get started. Thank you very much. I'm pleased to welcome to the stage, Bob Bakish and Chris Spade. Bob's the President and CEO of Viacom and will be the CEO of the combined ViacomCBS. And Chris Spade is the EVP and CFO of CBS. She will be the CFO of the combined ViacomCBS, which as most people probably understand, that was a merger that is still presently pending, was announced a couple of weeks ago. But we're pleased to have both of them here together on stage.

Questions & Answers

Andrew M. Borst
Goldman Sachs Group Inc., Research Division - VP

So why don't we start with that. This is a big announcement obviously, but maybe you could just talk to us about the primary strategic benefits of the merger. How is the combined ViacomCBS better positioned than the 2 independent companies?

Robert Marc Bakish
Viacom Inc. - President, CEO & Director

Sure, Drew. Thanks and always great to be at

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