Paramount Plus

VCNI buys Chilevisión in LATAM push

ViacomCBS has agreed a deal to buy WarnerMedia-owned Chilevisión as it expands its reach into Latin America. As part of an ongoing push into streaming, ViacomCBS Networks International (VCNI) said that the acquisition will add a new premium content library and pipeline “to fuel the increasing demand for Spanish language content.” VCNI launched AVOD service […]

Telia adds Paramount+ in renewed ViacomCBS deal

Telia has announced an extended pan-Nordic partnership with ViacomCBS. The new partnership will give Telia customers in Sweden, Norway and Finland access to the newly launched streaming service Paramount+. Paramount+ offers a library of more than 6,000 episodes and a mixture of blockbuster movies, scripted series, documentaries and kid’s content such as Mission Impossible, Star […]

ViacomCBS looks to raise US$3 billion to fuel streaming push

ViacomCBS has unveiled plans to raise US$3 billion from a new share offering to fund its expansion plans in streaming. The US media giant has issued two tranches of shares to investors – $2bn of Class B and a further US$1 billion of Series A – and said it intends “to use the combined net […]

Paramount+ launches

ViacomCBS has launched Paramount+, its major entry into the streaming wars. The SVOD, a rebranded version of CBS All Access, launches with more than 30,000 TV episodes and films from ViacomCBS’s brands and production studios including BET, CBS, Comedy Central, MTV, Nickelodeon, Paramount Pictures and the Smithsonian Channel. The streamer also has an extensive sports […]

Wall Street mixed on Paramount+

Wall Street analysts can’t agree on Paramount+, ViacomCBS’s upcoming premium streaming service. The SVOD is a rebranded version of CBS All Access and will launch next week in the US, Canada and Latin America with more than 30,000 episodes and 2,500 movie titles across a wide range of genres and over 1,000 live sporting events. […]

ViacomCBS lifts lid on Paramount+ SVOD

ViacomCBS has unveiled the full slate of originals headed to its new Paramount+ streaming service before its launch next month and revealed plans to more than quadruple its spending on OTT content over the next three years. The streamer will replace the existing CBS All Access service and roll out in the US, Canada and […]

ViacomCBS promotes Olivier Jollett to new streaming strategy & mobile-focused role

ViacomCBS Networks International (VCNI) has appointed Olivier Jollet to a new position overseeing strategy for its streaming services, as well as the division’s approach to mobile viewing. Jollet becomes SVP of strategy & business development, streaming and head of mobile for VCNI, with a remit to develop the streaming strategy and business development priorities for the division. […]

ViacomCBS offers All Access customers discounted Paramount+

As it gears up for the launch of Paramount+ on March 4, ViacomCBS has launched a promotional offer in an attempt to entice existing CBS All Access customers. The SVOD will act as a direct replacement for CBS All Access, though its significantly larger content offering also comes with a price increase – though ViacomCBS […]

ViacomCBS generates funds for streaming growth with US$2.2 billion Simon & Schuster sale

ViacomCBS has confirmed the sale of book publisher Simon & Schuster to Penguin Random House-owner Bertelsmann. The media giant confirmed that it will sell the publisher for US$2.175 billion in cash following a strategic review of non-core assets that it undertook in early 2020. ViacomCBS said that the deal is expected to close in 2021, […]