Viacom CEO Bob Bakish Says He's "Very Pleased" With Network Reset

Viacom president and CEO Bob Bakish says his turnaround strategy to focus on six core brands -- Bet, Comedy Central, MTV, Nickelodeon, Nick Jr. and Paramount — is paying dividends.

"Nine months in, in general, I'm very pleased with where we are," Bakish told the Goldman Sachs Communacopia Conference on Wednesday. The conglomerate, which owns MTV, Comedy Central and Paramount Pictures, made big changes in the executive suites at five of its flagship TV networks amid a larger corporate restructuring.

"We moved quick, and we're at the place where we have a first-rate team," Bakish said. Viacom also...
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