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

Brian Steinberg Senior TV EditorJeff Zucker, chairman of news and sports at WarnerMedia, held a company town hall on Tuesday in which he addressed the recent Chris Cuomo-CNN controversy and answered questions regarding return-to-office plans.Zucker suggested CNN staffers who were vaccinated and wished to return to the outlet’s New York offices would likely be able to do so starting in June, according to a person familiar with the event.

Brian Steinberg Senior TV EditorIt’s just the latest salvo in TV’s never-ending morning-news wars: CBS’ Gayle King is about to stroll into territory long dominated by ABC’s Robin Roberts.Starting this fall, “CBS This Morning” will hold forth from a new studio in New York’s Times Square.

Brian Steinberg Senior TV EditorCNN is trying to stay out of anchor Chris Cuomo’s latest family affair.CNN said it had no plans to discipline its top primetime anchor, despite the fact that he provided counsel and aid during staff meetings to his brother, Andrew Cuomo, the governor of New York, while he was in the midst of fending off sexual harassment accusations.A report Thursday in The Washington Post revealed that Cuomo, who anchors CNN’s 9 p.m.

Programmer Telemundo Deportes will air exclusive Spanish-language coverage of Super Bowl LVI live on Telemundo next year from Los Angeles – calling it the first time the event will be televised on a Spanish-language broadcast network in the U.S.

Nearly two decades after Justin Timberlake exposed Janet Jackson’s nipple during the Super Bowl XXXVIII halftime show, Justin, 40, apologized to Janet, 54, for “failing” her in the scandal’s fallout. The gesture was not lost on her brothers – Jackie, Tito, and Marlon Jackson.

Janet Jackson's brothers, Marlon, Tito and Jackie, have some thoughts on Justin Timberlake's apology. The trio addressed the pop star's mea culpa during an episode of SiriusXM's on Wednesday.Host Andy Cohen asked the brothers what they thought of Justin's long-deferred apology which he released in February, regarding his controversial halftime show with Janet in 2004.

Not looking back. Justin Timberlake finally acknowledged his involvement in Janet Jackson‘s infamous wardrobe malfunction, and though his apology was belated, members of the Jackson family appreciated the gesture.

It’s been nearly 20 years since the infamous “wardrobe malfunction” during Janet Jackson’s halftime show performance with Justin Timberlake at the 2004 Super Bowl, yet the scandal still lingers.

Brian Steinberg Senior TV EditorAMC Networks said first quarter profit rose even as it navigated declines in revenue and operating income in the midst of a challenging environment.The New York owner of the AMC, IFC and Sundance cable networks said net income came to $87 million, or $2.02 per share, compared with $68.7 million, or $1.22 per share in the year-earlier period.

Yahoo Finance. ViacomCBS actually posted adjusted EPS of 1.52 on $7.4 billion in revenue.Overall revenues rose 14% from the same quarter in 2020 and earnings were up 40 cents per share.

ViacomCBS exceeded Wall Street earnings expectations in the first quarter, paced by the addition of 6 million global streaming subscribers.

Brian Steinberg Senior TV EditorFox Corporation said profit in its third fiscal quarter rose owing to increases in value of some of its outside investments, even as overall revenue fell due to comparisons with 2020, which contained a Super Bowl and a red-hot news cycle focused on the Trump administration and the spread of the coronavirus pandemic.Revenue fell to $3.22 billion, compared with $3.44 billion in the year-earlier period.

Fox Corp. beat Wall Street analysts’ forecasts for its fiscal third quarter, with results that reflected difficult comparisons with the Super Bowl period a year earlier.

Brian Steinberg Senior TV EditorYou don’t have to be perpetually “live, from New York” to flourish these days at “Saturday Night Live.”In years past, the show’s cast members focused their all on the venerable late-night program and, when outside opportunity knocked or contracts ran out or media economics forced a tightening of the group, they left.

Brian Steinberg Senior TV EditorWalter Cronkite held forth from New York and Washington for CBS News. His heirs at a new ViacomCBS unit will do the same, while also monitoring Sacramento, Minneapolis and Dallas.The two executives named to head a newly fashioned division that combines the CBS local stations with CBS News and the team that manages the CBSN live-streaming news service offered their early vision for how the operation will function.

Courtney Hall was an NFL player for the San Diego Chargers, who played center and was team captain for their Super Bowl appearance in the 1994 season.Hall played college football for Rice University, and he was chosen in the second round of the 1989 draft by the Chargers. He became a starter in his rookie year.