ViacomCBS has promoted Scott Mills to Chief Executive of BET.
04.11.2021 - 14:55 / variety.com
Brian Steinberg Senior TV EditorViacomCBS said third-quarter profit declined as it invested in more content for streaming audiences, but noted that its revenue from just that consumer activity was on the rise, with 4.3 million new subscribers to its broadband outlets added during the period.The New York owner of the CBS broadcast network, the Showtime premium cable network and outlets such as Nickelodeon and Comedy Central said third-quarter net income fell to $538 million, or 80 cents a
.ViacomCBS has promoted Scott Mills to Chief Executive of BET.
Michael Schneider Variety Editor at LargeScott Mills had a plan for BET.
Paramount+, the rebranded streaming service that went live last March, had its “most successful week ever” with more than 1 million new subscribers, according to ViacomCBS.
ViacomCBS announced the seven writers selected out of 1,000 applicants to participate in the Writers Mentoring Program for 2021-2022. Currently in its 18th year and helmed by the ViacomCBS Office of Global Inclusion, the program provides mentorships, access and opportunity for writers.
William Earl Kristina Shepard, Head of Agency Partnerships & National Brand Team Lead, Roku; Dan Aversano, SVP, Data, Analytics & Advanced Advertising, Univision; Stacie Danzis, VP Digital Ad Sales, A+E Networks; Brendan Murnane, SVP of Digital Sales Strategy, ViacomCBS; and Mark Douglas, President and CEO, MNTN, will join “The Golden Age of TV Advertising: What an OTT-First Future Means for TV Advertising” panel on Nov.
In his 11th year at the helm of Showtime, David Nevins saw major shifts in his portfolio. In multiple restructurings across ViacomCBS this past summer, the veteran TV executive was named Chief Content Officer, Scripted Originals, Paramount+, and also gained oversight over Paramount Television Studios. As part of the changes, he is phasing out his duties as Chief Creative Officer at CBS/CBS Studios after two years.
Andrew Wallenstein President and Chief Media AnalystNetflix may have redefined what an original hit series could be with its recent worldwide smash “Squid Game,” but ViacomCBS can dare to dream of producing programming that reaches similar heights.Tom Ryan, president and CEO of streaming at ViacomCBS, touted his company’s growing overseas capabilities on the latest episode of the Variety podcast “Strictly Business,” in an interview conducted Monday at the Future of Television conference.Listen
Todd Spangler NY Digital EditorViacomCBS and Twitter announced a multiyear renewal of their global agreement under which the media conglomerate will continue to deliver premium digital content from its tentpole live events, shows and franchises on the social network.Financial terms of the deal were not disclosed.
Brian Steinberg Senior TV EditorAMC Networks said an surge in the production of new programming helped boost its operations in the third quarter, resulting in a boost to profit as the company works to place its content in an array of new venues to court the rise of consumers interesting in streaming.The New York owner of the AMC, IFC and SundanceTV cable networks and distributor of the “Walking Dead” series, said net income rose to $110.6 million, or $2.60 a share, compared with $61.6 million,
ViacomCBS cracked the $1 billion mark in streaming revenue in the third quarter, but overall results were more mixed, with total revenue rising 13% to $6.6 billion and earnings per share declining to 69 cents.
ViacomCBS saw some nice streaming increases in the third quarter of 2021, when Paramount Pictures still didn’t pitch in all that much. Not from movie theaters, at least.Wall Street had forecast ViacomCBS earnings per share (EPS) of 76 cents on $6.57 billion in revenue, according to a consensus estimate compiled by Yahoo Finance.
coronavirus pandemic turned to its products.Kyoto-based Nintendo Co. reported Thursday a 171.8 billion yen ($1.5 billion) profit for the April-September period, down from 213 billion yen in the same period the previous year.Fiscal half sales slipped 19% to 624 billion yen ($5.5 billion).
throughout Q2 when it added 1.5 million accounts. By comparison, it added 2.4 million new accounts in Q1 this year.Driven by increased demand during the pandemic last year, Roku has recently been boosted by new streaming services — from Apple TV to Disney+ — that have added to the slate of apps on its channel offerings.
Brian Steinberg Senior TV EditorFox Corp.
Brian Steinberg Senior TV EditorDiscovery said its third quarter profit tumbled significantly due to higher expenses for its broadcast of the 2021 Summer Olympics and costs associated with its new direct-to-consumer businesses, even as its traditional lines of revenue increased and it added three million more subscribers for its streaming-video operations.The company is slated to take over WarnerMedia, currently owned by AT&T, in a transaction that is expected to be complete by the middle of