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Paramount Plus Sets Australia, New Zealand Launch Date

The Paramount Plus streaming service will be launched in Australia and New Zealand in August. It joins an increasingly crowded marketplace, but claims local traction through ViacomCBS’s ownership of Australian linear channel Channel Ten and a handful of local content commissions. The launch announcement followed publication of ViacomCBS’ latest financial results and the debut of […]
Tags: Asia, News, Australia, Global, New Zealand, Channel Ten, Australia New Zealand, Paramount Plus, ViacomCBS


‘SpongeBob’ and Nickelodeon Shows Drive Paramount Plus Subscriber Growth

Nickelodeon has emerged as one of the most popular content hubs on Paramount Plus, offering ViacomCBS a flashback to the good old days when it dominated the linear cable kids TV business. The stickiness of Nickelodeon content is a sign that the strategy of expanding the CBS All Access streamer with the Paramount Plus relaunch […]
Tags: News, Cbs, Nickelodeon, Paramount Plus, ViacomCBS, Nickelodeon Shows Drive Paramount


ViacomCBS Q1 Profit Surges on Super Bowl and 6 Million New Streaming Subscribers

ViacomCBS said first-quarter profit surged as the company enjoyed the benefits of ad sales associated with Super Bowl LV and lured 6 million new subscribers to streaming outlets such as Paramount Plus. The New York owner of CBS, Showtime and Nickelodeon said revenue increased 14% to $7.41 billion, up from nearly $6.5 billion in the […]
Tags: New York, News, Nickelodeon, CBS Showtime, BOB BAKISH, Paramount Plus, ViacomCBS, Media Earnings


Chuck Grassley Tweets That Cable Companies Have Gotten 'To [Sic] Big Like Goggle [Sic]'

U.S. Senator Chuck Grassley of Iowa has always used Twitter in a rather bizarre way. After all, who can forget Grassley classics like “PantsBurnLegWood” of 2009 and “WH:ANSWER MY LETTER” of 2017? But the senator’s tweets over the weekend were particularly weird, even if you agreed with his central premise.Read more...
Tags: Google, Science, Disney, Comcast, Iowa, Chuck Grassley, Att, Grassley, Legislatures, Legislators, Fox Corporation, ViacomCBS


Hulu Finally Adds ViacomCBS Networks to Live TV Service

Hulu, more than four years after launching its live TV service, has added ViacomCBS’ cable networks to the lineup. Starting Friday (April 30), nine ViacomCBS networks will be available on Hulu + Live TV: Comedy Central, BET, Nickelodeon, Nick Jr., VH1, CMT, MTV, TV Land and Paramount Network. The price of the streaming package will […]
Tags: News, Hulu, Paramount Network, Live TV Service, ViacomCBS, BET Nickelodeon Nick Jr VH1 CMT MTV TV Land


What the Media’s Most Powerful Execs Were Paid in 2020: Did Pandemic Pay Cuts Have an Impact?

Do media barons believe in shared sacrifice? When the COVID-19 pandemic hit in 2020, several CEOs made headlines by voluntarily cutting their take-home pay or forgoing salaries. After all, the global health crisis had closed movie theaters and theme parks and brought film and television production to a standstill, forcing companies to lay off or […]
Tags: News, Disney, Fox, Netflix, Comcast, ViacomCBS


Verizon is reportedly eyeing a media spin-off

Hi and welcome to Insider Advertising for April 29. I'm senior advertising reporter Lauren Johnson, and here's what's going on:Verizon reportedly wants to sell off media assets.Hewlett-Packard Enterprise in-houses its advertising.Lionsgate tried to buy Showtime.If this email was forwarded to you, sign up here for your daily insider's guide to advertising and media.Tips, comments, suggestions? Drop me a line at [email protected] or on Twitter at @LaurenJohnson. Verizon Medi...
Tags: Verizon, Facebook, Media, Yahoo, Lionsgate, Advertising, Newsletter, Trends, Digital Media, Aol, Showtime, Starz, Wall Street Journal, Publicis, Cnbc, Ad Tech


Wendy McMahon, Neeraj Khemlani Named Co-Chiefs of CBS News and CBS TV Studios

In a major restructuring, CBS is combining the journalistic and businesses resources of CBS News and the CBS Television Stations, and tapping a pair of executives from outside the company to jointly run it. Days after reports swirled that Susan Zirinsky would be stepping down as the CBS News chief, ViacomCBS said that Hearst Newspapers,...
Tags: Cbs News, Advertising, Cbs, CBS Television Stations, CBS TV Studios, Programming & Performance, Susan Zirinsky, ViacomCBS, Wendy McMahon Neeraj Khemlani


What Exactly Is Paramount's Plan for Showtime, Anyway?

So, what the heck is the plan, Paramount?Read more...
Tags: Hbo, Science, Television, Halo, Disney, Companies, Netflix, Showtime, Showtime Networks, Paramount, Robert Bakish, Viacom, HBO Europe, Business Finance, BOB BAKISH, David Nevins


Plex raises $50M growth round to fuel ad-supported streaming, expansions

Streaming media software maker Plex announced today it has raised a $50 million growth equity round from existing investor Intercap ahead of its planned business expansion into rentals, purchases and subscription content. This is the first financing Plex has taken on since 2014 and is being partly used to purchase shares and options from Plex’s early seed investors and shareholders from prior acquisitions, and to give the company’s earliest employees a bit of liquidity. Of the $50 million raised...
Tags: Apple, Amazon, Facebook, Tech, Vizio, Plex, Kleiner Perkins, Pluto TV, Nexstar, Keith Valory, Valory, ViacomCBS, Intercap, Jason Chapnik, James Merkur, Chapnik Plex


Nielsen, TV Networks in Showdown Over Counting Viewers Amid Pandemic (EXCLUSIVE)

Sometimes, the simple act of counting can result in something much more complex. Nielsen and the TV networks whose audiences it measures typically work hand in hand to tell the world about how many people watch some of the nation’s most-watched comedies and dramas. But this week, at least, they’re close to bearing arms against […]
Tags: News, Nielsen, Tv Ratings, ViacomCBS, Upfront 2021, Nielsen TV Networks


Top CBS Local Station Executives Exit Amid Probe of Racism Allegations

Two CBS veterans, Peter Dunn and David Friend, are leaving their top roles at CBS’ local-stations division as an investigation continues into allegations they were abusive to women and employees of color. “Peter Dunn, President of the CBS Television Stations, and David Friend, Senior Vice President of News for the Stations group, will not return […]
Tags: News, Cbs, CBS Television Stations, David Friend, Peter Dunn, ViacomCBS, CBS Local Station


ViacomCBS International to Acquire WarnerMedia’s Chilevisión, Expanding Footprint in Latin America

ViacomCBS Networks International is set to acquire WarnerMedia’s Chilevisión and its Spanish- language content library as well as its production capabilities. The top Chilean network will complement VCNI’s current global production, distribution and advertising solutions across more than 180 countries and will further expand the network’s presence in Latin America (particularly in South America). ViacomCBS […]
Tags: News, South America, Latin America, Chilevision, WarnerMedia, ViacomCBS, ViacomCBS Networks International, VCNI, ViacomCBS International to Acquire WarnerMedia, Chilevisión Expanding Footprint


ViacomCBS CEO Bob Bakish Sees 2020 Compensation Grow by $20 Million

ViacomCBS CEO Bob Bakish got a massive pay bump last year with his total compensation rising by more than $20 million to $38.9 million. Bakish’s haul was padded by $19.7 million in bonus compensation and another $16 million in stock awards. His base salary for last year was $3.1 million, according to ViacomCBS’ annual proxy […]
Tags: News, BOB BAKISH, ViacomCBS


ViacomCBS Publicly Opposes Georgia Voting Rights Law

ViacomCBS has taken a stance in opposition to the Georgia voting rights law that restricts voting access, making it the first major entertainment media corporation to do so and part of a group of vocal big businesses that include Delta and Coca-Cola. “We unequivocally believe in the importance of all Americans having an equal right […]
Tags: News, Georgia, Delta, Coca Cola We, ViacomCBS


How the movie-theater industry will be permanently changed by the pandemic, as major Hollywood studios rethink their release strategies

"Black Widow" will stream on Disney Plus for an additional fee the same day it hits theaters. Marvel Studios The pandemic has resulted in movie studios renegotiating theatrical windows with exhibitors. Shorter windows will last after the pandemic and change distribution strategies for years to come. Insider laid out how each major Hollywood studio is collapsing the theatrical window. See more stories on Insider's business page. Hollywood and the theatrical industry have faced significa...
Tags: Apple, Hollywood, Movies, Media, Entertainment, Amc, Disney, US, Trends, Tom Hanks, Sony, Streaming, Cbs, Black Widow, Amc Theatres, Mulan


Why ViacomCBS Stock Has Fallen 55% in One Week

It’s been a breathtaking week for ViacomCBS investors. Shares of the media conglomerate slipped another 6.7% in regular trading Monday — and the company’s market value has now been chopped by 55% since March 22. ViacomCBS has been beset by a confluence of factors that have pushed its stock price down, after a huge run-up […]
Tags: News, ViacomCBS


How the major Hollywood movie studios are collapsing the theatrical window

"Black Widow" will stream on Disney Plus for an additional fee the same day it hits theaters. Marvel Studios The pandemic has resulted in movie studios renegotiating theatrical windows with exhibitors. Shorter windows will last after the pandemic and change distribution strategies for years to come. Insider laid out how each major Hollywood studio is collapsing the theatrical window. See more stories on Insider's business page. Hollywood and the theatrical industry have faced significa...
Tags: Apple, Hollywood, Movies, Media, Entertainment, Amc, Disney, US, Trends, Tom Hanks, Sony, Streaming, Cbs, Black Widow, Amc Theatres, Mulan


ViacomCBS, Discovery Stocks Plummet Back to Earth

After shares of ViacomCBS and Discovery saw huge run-ups earlier this year on Wall Street enthusiasm about their streaming strategies, stocks of both companies took a sharp downward turn Friday. ViacomCBS closed down 27.3% for the day, to $48.23 per share, coming after big drops earlier this week in the wake of the company’s announcement […]
Tags: News, Earth, Discovery, ViacomCBS


ViacomCBS extends 2-day decline to 29% after it launches $3 billion equity offering to fund streaming business

Getty Images / Xinhua News Agency Shares of ViacomCBS extended its two-day decline to nearly 30% on Thursday after its planned $3 billion equity offering.Investors had fueled a more than 100% year-to-date rally in ViacomCBS prior to the offering.ViacomCBS plans to use proceeds from the offering to invest in its new streaming platform, Paramount+Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The epic year-to-date rally in shares of ViacomCBS is on hold after the co...
Tags: Trends, Markets, Streaming, Cbs, Viacom, Movers, Matthew Fox, Paramount Plus, Mover, ViacomCBS, Viacom stock price, MI Exclusive


ViacomCBS Shares Sink 9% After $3 Billion Stock Sale Announcement

ViacomCBS stock dropped nearly 9.1% Tuesday, as investors exited positions on news that the media conglomerate will sell up to $3.45 billion in stock as part of funding streaming content. The company’s shares closed at $91.25 apiece, coming a day after ViacomCBS’ announcement of plans to raise $3 billion in a stock offering. In addition, […]
Tags: News, ViacomCBS


VidCon 2021 Sets Dates, Featured Creators for Return to Anaheim Convention Center

After more than a year in all-virtual mode, VidCon is bringing is flagship U.S. convention back to flesh-and-blood format this fall. VidCon, the ViacomCBS-owned events producer for online video and digital creators, announced that the 2021 VidCon US event will return to the Anaheim Convention Center from Oct. 21-24. It also announced its first slate […]
Tags: News, US, Anaheim Convention Center, Vidcon, ViacomCBS


ViacomCBS to Sell $3 Billion in Stock to Fuel Spending on Streaming Content

ViacomCBS is readying itself to write some bigger checks for content flowing to Paramount Plus and its other streaming properties. The company, which bowed the Paramount Plus streaming service earlier this month in an expanded foray into the streaming battlefield, announced Monday that it plans to sell $3 billion worth of stock. ViacomCBS said it plans […]
Tags: News, Paramount Plus, ViacomCBS


New data shows how much of Paramount Plus' TV and movie catalog is exclusive

Paramount Plus original "Star Trek: Discovery" CBS All Access Exclusive and original content is essential for a streaming service to succeed in a crowded space. Reelgood shared data on the amount of exclusives and originals of the latest entrant: Paramount Plus. 41% of Paramount Plus's TV-show catalog is exclusive to the service as is 23% of its movie catalog. See more stories on Insider's business page. ViacomCBS's Paramount Plus, an expanded and rebranded version of CBS All A...
Tags: Hbo, Media, Entertainment, Trends, Analysis, Netflix, Streaming, Cbs, Hulu, Travis Clark, WarnerMedia, Disney Plus, HBO Max, Paramount Plus, ViacomCBS, CBS Nickelodeon


‘Key and Peele’ Showrunner Challenges Secret WGA Deal Over Streaming Residuals

The showrunner of “Key & Peele” filed a class action lawsuit on Thursday accusing the Writers Guild of America of agreeing to a secret deal that shorted him out of streaming residuals from the show. Shortly after the show ended its five-year run in 2015, Comedy Central made the entire series — more than 300 […]
Tags: News, Key And Peele, Writers Guild Of America, Peele, ViacomCBS, Jay Martel


Down, Set … Price Hike: The NFL Leverages Deals With Major Media Partners Even as Ratings Decline

They’re on the 10-yard line. Five media giants are close to finalizing new TV deals with the NFL that will solidify the rights holders and the platforms that will showcase professional gridiron action for the coming decade. The NFL bills will amount to steep, nearly 100% increases in some cases over the last major round […]
Tags: Amazon, News, NFL, Espn, Comcast-NBCUniversal, ViacomCBS


ViacomCBS Eyes Return to Work After July 4 Holiday, Bob Bakish Says

Time to pry open the legendary gates of Paramount Pictures. ViacomCBS leadership has set a tentative timeline for employees to return to the media giant’s numerous offices, though in limited capacity, as coronavirus vaccines continue to rollout across the country and around the world. In a Thursday memo from CEO Bob Bakish, the executive outlined […]
Tags: News, Paramount Pictures, BOB BAKISH, ViacomCBS, Paramount Pictures ViacomCBS


Warner Bros.' strategy of releasing movies to theaters and HBO Max on the same day is very popular with consumers, according to a new survey

"Wonder Woman 1984." Clay Enos/Warner Bros. A new survey suggests Warner Bros.' HBO Max movie strategy is popular among consumers. Another survey found that respondents would be more likely to subscribe to Paramount Plus if they could watch new movies. It could mean big changes for how studios release movies even after the pandemic. Visit the Business section of Insider for more stories. When Warner Bros. announced in December that it would release all of its 2021 movies simultaneously...
Tags: Hollywood, Movies, Media, Entertainment, Disney, US, Trends, Streaming, Amc Theatres, Warner Bros, Pixar, Godzilla, Paramount, Kong, Hollywood Reporter, Clay Enos Warner Bros


HBO Max's strategy of releasing movies to theaters and streaming on the same day is very popular with consumers, according to a new survey

"Wonder Woman 1984." Clay Enos/Warner Bros. A new survey suggests Warner Bros.' HBO Max movie strategy is popular among consumers. Another survey found that respondents would be more likely to subscribe to Paramount Plus if they could watch new movies. It could mean big changes for how studios release movies even after the pandemic. Visit the Business section of Insider for more stories. When Warner Bros. announced in December that it would release all of its 2021 movies simultaneously...
Tags: Hbo, Hollywood, Movies, Media, Entertainment, Disney, US, Trends, Streaming, Amc Theatres, Warner Bros, Pixar, Godzilla, Paramount, Kong, Hollywood Reporter


CBS Strikes Pact to Bring Sponsors Focused on Black Consumers to Syndicated Shows

CBS has struck a partnership with a company that has a specialty in helping advertisers reach Black consumers in a bid to bring some of those sponsors to shows such as “Judge Judy,” “Entertainment Tonight” and “Dr Phil.” CBS Media Ventures, the ViacomCBS unit that specializes in syndicated programming, has entered into an exclusive pact […]
Tags: News, Cbs, Judge Judy, Phil, Dr. Phil, ViacomCBS, CBS Media Ventures, Bring Sponsors Focused on Black Consumers