Buffett, who also owns stakes in entertainment companies like Apple and Amazon, buys into Paramount Global, formerly ViacomCBS, after the company’s Q1 2022 results included subscriber gains in its flagship streaming service...
Read MoreParamount Global shares dipped 1% on a day of modest gains for the broader stock market after the company reported a mixed bag of first-quarter results. Still, today’s investor reaction was mild compared with that in February,...
Read MoreNot coincidentally, Paramount also added 9.4 million global streaming subscribers and 10 million Pluto TV users in the quarter, strong results that perhaps suggest longer-term viability for the company than some skeptics had...
Read MoreThe Disney Media and Entertainment Distribution agreement continues Disney’s show offerings on Discover, providing Snapchat users with content from brands such as ESPN and ABC News, with additional brands to be added at a later...
Read MoreFor ViacomCBS and WarnerMedia, the deal would give them much-needed cash that they could use to invest in their owned streaming services Paramount+ and HBO Max (both companies have been divesting “noncore” assets over the past...
Read MoreDiscovery has bought a minority stake in five-year-old advertising joint venture OpenAP, joining Fox, NBCUniversal and ViacomCBS as a part-owner of the entity. “Given our current momentum, influence and growth of audience-based...
Read MoreViacomCBS said during its third quarter earnings call back on Nov. 4 that Pluto TV is on the way to generating more than $1 billion in revenue in 2021, less than three years after the media conglomerate purchased the startup for...
Read MoreToday, Paramount+ and Showtime have 47 million subscribers between them and generated $1.4 billion in subscription revenue in the first 9-months of 2021. Though ViacomCBS remains a predominantly traditional TV company, its...
Read MoreToday, Paramount+ and Showtime have 47 million subscribers between them and generated $1.4 billion in subscription revenue in the first 9-months of 2021. Though ViacomCBS remains a predominantly traditional TV company, its...
Read MoreDo media agencies and their major brand advertising clients now agree that deals — based on Comscore data — made with ViacomCBS and Fox are the currency for payment? The last major measurement/currency shift occurred...
Read MoreTwitter and ViacomCBS today announced a sizable global deal that will see the social media platform streaming digital content from across the ViacomCBS portfolio of news, sports and entertainment brands — including content from...
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