ViacomCBS Declares Quarterly Cash Dividend

Wednesday, 21 October 2020, 22:30:00
NEW YORK–(BUSINESS WIRE)–ViacomCBS Inc. (NASDAQ: VIAC; VIACA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per share on both its Class A and Class B common stock. The dividend will be payable on January 4, 2021 to stockholders of record at the close of business on December 15, 2020. About ViacomCBS ViacomCBS (NASDAQ: VIAC; VIACA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwi
— Business Wire

ViacomCBS Inc. to Report Third Quarter Financial Results on November 6, 2020

Tuesday, 6 October 2020, 22:10:00
NEW YORK–(BUSINESS WIRE)–ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced today that on Friday, November 6, 2020, it will issue financial results for the third quarter ending September 30, 2020. The company will conduct a conference call at 8:30 a.m. (ET), following the release of its earnings materials. A live audio webcast of the call will be available on the Investors homepage of ViacomCBS’ website (ir.viacomcbs.com) beginning at 8:30 a.m. (ET) on November 6. The conference call can also be
— Business Wire

RIL calls off merger of Viacom18, Sony

Sunday, 4 October 2020, 23:44:52
Mumbai: Mukesh Ambani-owned Reliance Industries (RIL), which has a majority stake in Viacom18 though Network18, has called off the proposed merger of the entertainment businesses of Sony Pictures Networks India (SPN) and Viacom18, following a strategic rethink.Digital media and entertainment are now essential pillars of Reliance Jio’s business and it has consequently decided to retain a majority stake and management control, according to people familiar with the matter, who said Reliance would invest and grow the digital media business. Further, entertainment is also a key component of Jio’s fibre-to-the-home strategy. “With Jio’s unprecedented growth, the group feels content will play a major role in the future and wants to keep control. The speed at which the entertainment business has digitised in the past few months has had a role of play in the rethink,” said one source. Several content and production houses are keen to partner with RIL and Jio, according to the people cited above. 78484721 Email queries sent to Reliance, Viacom18 and SPN did not elicit any response till press time on Sunday.
— Economic Times India

‘Schitt’s Creek’ Sweeps The ‘Pand-Emmys,’ Buoyed By Netflix Success

Monday, 21 September 2020, 09:22:29
ViacomCBS Inc (NASDAQ: VIAC ) unit Pop TV Series “Schitt’s Creek” broke records on Sunday nights at the 72nd Emmy Awards hosted by Jimmy Kimmel from an empty Staples Center in Los Angeles. What Happened: The comedy show, which streams on Netflix Inc ’s (NASDAQ: NFLX ) platform, and had never won a single Emmy in its prior seasons shattered previous records by snagging seven Emmys for its sixth and final season on Sunday night, according to The Hollywood Reporter. The show won two Creative Arts Emmys last week, taking its tally up to nine, which is … Full story available on Benzinga.com
— Benzinga

ViacomCBS Renames Streaming Offering Paramount+ To Leverage ‘Near-Universal Brand Recognition’

Tuesday, 15 September 2020, 21:05:05
ViacomCBS (NASDAQ: VIAC ) announced Tuesday a pivot in its streaming video strategy, including a new name and additional exclusive content. Name Change: ViacomCBS, born out of the merger of Viacom and its sister company CBS, will change its streaming video platform’s name from CBS All Access to Paramount+. This marks the “next chapter” for the “most storied brands in Hollywood,” ViacomCBS CEO Bob Bakish said on CNBC . Paramount is a century-old brand that historically brought people together to enjoy excellent … Full story available on Benzinga.com
— Benzinga