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ViacomCBS Chair Shari Redstone Touts "Significant" Growth Opportunities, Stock Upside
ViacomCBS is moving quickly to reap the benefits of the recombined company and its "significant" upside opportunity, non-executive chair Shari Redstone said during the firm's virtual annual shareholder meeting Monday, which was webcast. "These are extraordinary times," she said about the novel coronavirus pandemic, before emphasizing her "passion for our incredible company." Touting its "unmatched content assets," she said: "Together, CBS, Paramount and our portfolio of brands … are a global multiplatform content powerhouse." Redstone also highlighted the company's audience share in the U.S.