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, […]

Netflix UK content spend to reach US$1 billion in 2020

Netflix has upped its spend on UK productions to £750m ($1bn) this year as the company works to maintain its pipeline of shows despite the disruption caused by Covid-19. The streaming giant makes original shows including The Crown and The Witcher in the UK and has increased its budget by 50% on from the £500m […]

ViacomCBS brings MTV Play to Amazon Prime Video channels in UK

MTV Play has launched on Amazon Prime Video Channels in the UK. The ViacomCBS Networks UK-operated SVOD service will be available to Prime subscribers at an additional cost of £3.99 per month. It offers access to over 1,000 hours of MTV content via the Prime Video App, including shows like Catfish and Geordie Shore along […]

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 […]

ViacomCBS promotes veteran Bryon Rubin to COO at CBS Entertainment

ViacomCBS has promoted veteran exec Bryon Rubin to become COO at CBS Entertainment Group. Rubin will remain CFO of the group and will also continue to report into CBS Entertainment Group president and CEO George Cheeks, who joined from NBCUniversal earlier this year to replace Joe Ianniello. In his new role, Rubin will oversee all financial […]

VCNI launches new kids content division under Nickelodeon exec Nina Hahn

ViacomCBS International Studios (VIS), a division of ViacomCBS Networks International (VCNI), is launching a new kids content division and has appointed Nickelodeon exec Nina Hahn to head it up. The new division, VIS Kids, will allow for the expansion of the studio’s global kids content pipeline, broadening its kids content offering to include short and […]

ViacomCBS AVOD Pluto TV launches in Spain

ViacomCBS’s ad-supported streamer PlutoTV has launched in Spain. First announced earlier this month, Pluto TV is available to Spanish audiences via browser, smart TV and mobile apps, and launches with 40 thematic channels. Pluto claims it is the first free ad-supported streaming television (FAST) service on the Spanish market. Partnering with over 20 content partners […]

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