ViacomCBS International Studios (VIS) has announced it will invest 25 per cent of its budget in Latin America to create and develop BIPOC (Black, Indigenous, and People of Color) content. This initiative is part of the company’s No Diversity, No Commission” global policy, a commitment to expand its diverse and inclusive representation, both on and off the screen.
“Diversity and inclusion are essential in everything we do for all of our content. ViacomCBS, as a company, is committed to D&I by implementing several initiatives. At VIS, we are taking big strides towards fulfilling that pledge both in front and behind the camera.” said Federico Cuervo, SVP & Head of VIS.
In Brazil, ViacomCBS participates in different festivals and local talent meetings to find new stories that will enrich our content with diverse and inclusive voices of the black population. As a result, there are currently three new projects under development that speak to these issues.
Accordingly, VCNI’s Europe, Middle East, Africa, and Asia divisions have also committed to allocating 30 per cent of their 2021 budget to produce stories focused on or related to issues of underrepresented groups.