February 22, 2020

“Viacom…closed a merger with broadcaster CBS in the final quarter of last year, as smaller media groups huddle together to compete in a crowded, cut-throat entertainment business that has been upended by Netflix. But the newly remarried ViacomCBS appeared to face the same troubles, as revealed by its income statement in the fourth quarter. The group swung to a $258m loss in the final three months of 2019, or minus 42 cents a share, well off from consensus forecasts for positive earnings of $1.32 a share.”

Financial Times
February 22, 2020

“Investors are puking because they don’t trust this team or strategy.”

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Reputation risk is the peril of economic damage from the behaviors of angry disappointed stakeholders.

For a broader view of reputation risk, discover additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here.

Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.

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