Comcast, ViacomCBS Are Exploring International Streaming Partnerships

Bloomberg. The figure does not include production costs or overhead, which have always been paid by Viacom, our insider told us.Under the terms of the deal between Parker/Stone and ViacomCBS’ MTV Entertainment Studios, “South Park” has been renewed through Season 30 at Comedy Central and 14 original movies based on the show have been ordered at Paramount+.

ViacomCBS CEO Bob Bakish acknowledged the Covid operating environment for Paramount Pictures is “a bit fluid” but said the studio is keen to preserve a theatrical window.

Yahoo Finance. ViacomCBS reported adjusted diluted EPS of 97 cents on $6.564 billion in revenue.While the revenue figure was up 8%, EPS decreased 20% year over year on soaring expenses for Paramount+.

Trey Parker and Matt Stone, co-creators of South Park, have signed a sweeping renewal with ViacomCBS that will keep the show on Comedy Central through 2027 and send 14 original movies to Paramount+.

ViacomCBS Networks International is partnering with Comcast-owned Sky to deliver the launch of streaming platform Paramount+ in a host of European territories.

Yahoo Finance. ViacomCBS reported adjusted diluted EPS of 97 on $6.56 billion in revenue.The return of sports in the form of the final March Madness rounds and professional golf helped out a bunch vs.

ViacomCBS Networks International is partnering with Comcast-owned Sky to deliver the launch of streaming platform Paramount+ in a host of European territories.

ViacomCBS edged Wall Street estimates in the second quarter, with revenue rising 8% to $6.56 billion and earnings per share coming in at 97 cents on an adjusted basis.

by Variety that the media company will also observe the response of “schools, governments and other employers” in finalizing its plans to return to the office. Bakish added that the company will continue employees working in U.S.

Brian Steinberg Senior TV EditorViacomCBS said second quarter profit rose as advertisers spent more robustly on its media assets and the company saw new revenue from a host of streaming initiatives.The New York owner of the CBS broadcast network, Showtime, Nickelodeon and the Paramount movie studio, said revenue  rose 8% to $6.6 billion, fueled by gains in ad sales, fees from affiliates and streaming activity.

Naman Ramachandran Streamer Paramount Plus will launch on Sky platforms in the U.K., Ireland, Italy, Germany, Switzerland and Austria (GSA) in 2022 as part of a new multi-year distribution agreement with ViacomCBS Networks International.“We are thrilled to expand our long-standing partnership with Sky to continue delivering ViacomCBS’ leading portfolio of premium entertainment brands to Sky customers and importantly bring Paramount Plus to new audiences in all Sky markets, including the U.K.,

ViacomCBS added 6.5 streaming subscribers in the second quarter, reaching 42 million worldwide, powered by the rebranded and expanded Paramount+.

Tough in many ways. Simone Biles’ coach, Cecile Canqueteau-Landi, revealed that the 24-year-old gymnast’s aunt unexpectedly died amid the Tokyo Olympics.

Brian Steinberg Senior TV EditorDiscovery said second-quarter profit increased as advertising rebounded from a pullback last year during the coronavirus pandemic and as the company attracted new customers — 18 million to date — to its new streaming operations.Net income came to $672 million, or $1.01 per share, compared with $271 million, or 40 cents a share.The New York owner of the HGTV, Food Network and Discovery Channel cable outlets said overall revenue in the second quarter rose 21% to

Nick Vivarelli International CorrespondentViacomCBS International Studios and Italy’s Leone Film Group have forged a strategic partnership by signing a long-term agreement to co-produce a wide range of Italian content for the global market. This potentially milestone pact between VIS and Leone — the prominent indie production and distribution shingle owned and operated by late master director Sergio Leone’s children Raffaella and Andrea — will create “vast opportunities for the development and

ViacomCBS Chair Shari Redstone was doing the rounds at Sun Valley but contrary to reports, she did not have a meeting with Comcast CEO Brian Roberts at the Allen & Co. mogul mountain retreat, according to a person familiar with the situation. The Philly-based conglom has been the subject of constant deal speculation since two big mergers have promised toredraw the landscape if and when they close.

ViacomCBS and Charter Communications, the No. 2 U.S. cable operator, have struck a new multi-year carriage deal that includes distribution for streaming services.

Jay-Z over the streaming rights to the rapper’s debut album ‘Reasonable Doubt’.The new suit comes after Jay-Z’s label Roc-A-Fella sued co-founder Dash on June 18, claiming that he was attempting to sell virtual ownership of the copyright to the rapper’s 1996 debut album.A New York federal judge subsequently blocked an attempt by Dash to auction off Jay-Z‘s ‘Reasonable Doubt’ as an NFT (non-fungible token).

AT&T continued to tout its investments in 5G technology, convening a full-day event at the WarnerMedia Innovation Lab in New York, announcing new partnerships along with panels and demos.