Paramount


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+ reveals launch dates for US, Canada, Nordics and Australia

ViacomCBS is to launch streamer Paramount+ across the US on 4 March and has also revealed more details of the service’s international roll-out plans. Paramount+, a rebooted version of existing streamer CBS All Access, will launch across Latin America on the same date as the US, before being rolled out into the Nordics on 25 March […]

ViacomCBS shutting niche streamers as it focuses on Paramount+ launch

ViacomCBS is moving ahead with plans to consolidate its subscription streaming efforts around Paramount+, the CBS All Access replacement that will launch next year, with the closing down of some niche services such as MTV Hits in Q4. Speaking after the studio released its Q3 earnings, CEO Bob Bakish told analysts that the shutting down […]

VCNI appoints Villani as co-lead for Australia and New Zealand

ViacomCBS Networks International (VCNI) has today announced the appointment of Jarrod Villani as co-lead of the media giant’s Australia and New Zealand business. Villani joins Beverley McGarvey, who was appointed chief content officer and executive vice president in March and is responsible for all content and creative activities related to the company’s networks and digital […]

Paramount+ takes ‘Grease’ reboot from WarnerMedia’s HBO Max

ViacomCBS’s OTT service Paramount+ has picked up the forthcoming Grease spin-off, which had been previously with rival streamer HBO Max. The show is being re-named Grease: Rise Of The Pink Ladies and is described as a musical comedy, with Annabel Oakes (Transparent) continuing as creator and writer. The reboot had been given a straight-to-series order by WarnerMedia’s […]

ViacomCBS names streamer Paramount+ as CBS All Access rebrand

ViacomCBS has announced that its 2021 ‘super service’ streamer will be called Paramount+. In the parlance of our times, Paramount+ follows the naming convention that has been adopted by Disney, Apple and a number of others. In a press release, the company said that “the Paramount+ streaming service will launch in early 2021 as a […]

ViacomCBS extends Paramount+ reach in the Nordics

ViacomCBS Networks International has struck three new distribution agreements in Sweden and Finland for its premium streaming service Paramount+. In Finland, Paramount+ will launch on Sanoma’s Ruutu platform as a standalone subscription service, offering subscribers new and classic movies from the Paramount Pictures library, as well as series from Paramount Network, Comedy Central, MTV, and […]

Noggin and Paramount+ get extended free trials in Latin America amid pandemic

ViacomCBS’s American division – ViacomCBS Networks Americas (VCNA) – has announced extended 1-month trial periods for its OTT streaming services in Latin America. Starting from the week of April 13, new users in Latin America (excluding Brazil) will be able to access kids streamer Noggin and entertainment service Paramount+ for free. The company said that […]

ViacomCBS picks up 49% of Miramax

ViacomCBS has reached a deal with beIN Media to acquire 49% of Miramax. Under the terms of the deal, beIN will retain a 51% stake in Miramax and the studio’s leadership team will remain the same. ViacomCBS will acquire the stake for a total investment of US$375 million, with an initial upfront cash payment of […]

Viacom debuts Paramount+ as standalone subscription service with Telia Finland

Viacom International Media Networks (VIMN) has launched its Paramount+ SVOD service in Finland in partnership with Telia. Paramount+ initially launched in the Nordics in 2017 as a set-top box and TV Everywhere application available to higher tier subscribers of pay TV operators. The Telia partnership marks the first time that the service will be available direct to […]

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