Viacom


Pluto adds seven new Viacom channels

Viacom has further bolstered its Pluto TV AVOD with seven new channels. The most noteworthy of these channels is one solely dedicated to VH1’s popular series RuPaul’s Drag Race, which is made up of episodes from the show’s first five seasons. There are also channels dedicated to other VH1 series Love & Hip Hop and […]

BET+ to launch September 19

Viacom-owned BET is launching its premium SVOD on September 19. The African American-targetted SVOD will launch in the US at US$9.99 per month and feature over 1,000 hours of existing and new original content.  BET+, a joint venture between BET Networks and Tyler Perry Studios, was announced in June. Scott Mills, president of BET Networks, […]

ViacomCBS names Phelps as CCO and CMO

The newly formed ViacomCBS has bolstered its board with the appointment of Julia Phelps as its executive vice president, chief communications and corporate marketing officer. Phelps will assume the role upon the closing of the deal – expected before the turn of the year – and will report directly to CEO Bob Bakish. In the […]

OTT platforms to benefit from CBS/Viacom merger “in the very near future”

The OTT platforms of ViacomCBS will see a boost from the just-concluded merger “quite soon”, the company’s top execs have confirmed. Speaking on a conference call, CBS chairman and CEO Joe Ianniello identified direct-to-consumer streaming as one of the company’s key pillars of growth, and said that the breadth of content made available by the […]

CBS and Viacom confirm merger

The on-again, off-again reunification of CBS and Viacom has finally reached its end, with the companies announcing a definitive agreement to combine.  The deal, struck on August 13, will create a company with more than US$28 billion (€25 billion) in revenue and boast the largest share of US TV audience of any broadcaster (22%). In […]

CBS and Viacom agree merger price

CBS and Viacom have reached an agreement to re-merge the companies after 13 years apart. According to sources speaking to Reuters, the companies have agreed that Viacom shareholders will receive 0.59625 CBS shares for each share they own. This represents a slight discount to Viacom’s closing price on Friday. While we await an official confirmation, […]

Viacom sees big uplift in Pluto TV users as it eyes international expansion

Viacom’s AVOD business Pluto TV saw its monthly user base rise by 50% between Viacom’s acquisition of the business in January and the end of July, ending that month with 18 million active users. News of Pluto’s progress was revealed as Viacom posted solid fisca Q3 numbers on the back of a recovery in its […]

Two-thirds of CBS All Access subs opt for ads, with viewing time up 60%

Two-thirds of subscribers to CBS All Access, the broadcaster’s VOD service, have opted for the ad-supported tier. Speaking on the company’s Q2 earnings call, acting CEO Joe Ianniello confirmed that the majority of users “are taking the limited commercial option”. The service is available with advertising for US$5.99 per month, or without advertising for US$9.99 […]

CBS and Viacom deal to miss August 8 deadline

CBS and Viacom are unlikely to reach an agreement for the merger of the companies in time for the former’s earnings release. According to CNBC sources, the broadcast giants had originally hoped to have a deal in place by August 8.  The one remaining issue in place is reportedly the exchange ratio, which is still […]

CBS and Viacom agree on management team for merged company

The on-again, off-again CBS/Viacom merger looks to be entering its final stages, with the companies reportedly agreeing upon a management team that will lead the merged business. As reported by the Wall Street Journal, Viacom boss Bob Bakish will be the CEO of the new-look company, with acting CBS CEO Joe Ianniello set to be […]

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