ViacomCBS investors have been disappointed. So far, the stock has fallen 36% YTD. However, ViacomCBS isn’t the only media company with struggling stock.
This week, Viacom (VIAB) and CBS (CBS) agreed to merge to form a new media entity, ViacomCBS. That merger could affect Netflix in several ways. With their merger, Viacom and CBS aim to become a major player in the video streaming market. Viacom CEO Bob Bakish, who is set to lead ViacomCBS, said in an […]
Netflix (NFLX) is struggling to dominate India’s online video market like it has in the US, where it boasts a subscriber base twice as large as that of its closest competitor, Hulu.
If the outages of the Univision and AT&T channels on Dish’s platforms are anything to go by, cord cutting seems to have diminished the bargaining power of pay-TV providers.
Viacom (VIAB) and T-Mobile (TMUS) this month announced a content distribution agreement where Viacom networks will be included in T-Mobile’s upcoming television service.
Univision and Dish Network (DISH) reached a carriage agreement on Tuesday after undergoing one of the longest disputes between a programmer and distributor.
Dish Network (DISH) stock gained 2.97% on Tuesday and closed at $31.54 after DISH announced a long-term carriage contract with Univision Communications.
Viacom (VIAB) and CBS (CBS) returned to merger talks the day after Viacom settled its dispute with AT&T (T) and agreed on a carriage renewal contract on Monday.
Comcast (CMCSA) will continue to license its movies and shows to other digital video providers even as it gears up to launch its own video service next year, according to The Hollywood Reporter.
Since before it split from Baidu (BIDU) and went public in 2018, iQiyi (IQ) has been stockpiling premium Hollywood films to help it stand out in China’s crowded video streaming market.
Viacom (VIAB) is another company that is also increasingly focusing on its direct-to-consumer strategy like The Walt Disney Company (DIS) in the United States (IYW).
Viacom said the restructuring is meant to streamline operations of its media unit and enhance the ability of the media teams to coordinate programming and share resources.
CBS Corporation (CBS) now allows subscribers to its CBS All Access service to download shows for offline viewing, matching similar moves by rivals Netflix (NFLX) and Hulu.
Media conglomerate CBS (CBS) reported 3Q17 financial results that showed that its overall revenues rose 2.8% YoY (year-over-year) to nearly $3.2 billion.
Viacom’s ancillary division under its media networks segment posted revenue of $181 million in fiscal 4Q17, a rise of 4.6% YoY, due to strong demand for international consumer products.
Viacom’s MTV, a global youth culture brand that creates original music and pop culture content, has witnessed double-digit growth in its ratings for the first time in six years.
Viacom’s (VIAB) advertising business under its media networks segment reported revenue of $1.2 billion in fiscal 4Q17, a rise of 6.4% YoY (year-over-year).
Comedy Central’s features Viacom’s (VIAB) Comedy Central, part of its Media Networks segment, has continued to gain popularity and followers. The channel carries comedy programming and is a leading platform for comedic talent. It features late-night, scripted, animated, and stand-up specials and series. The graph above shows Viacom’s media and advertising revenue growth over the last […]
Features of the deal Media conglomerate Viacom (VIAB) has continued to strengthen its ties with leading toymaker Hasbro (HAS) by entering into a new production and content distribution agreement connected with Hasbro’s huge brand portfolio. As part of the deal, original stories will be developed. The five-year deal will see the companies collaborating on live-action and animated […]
Nickelodeon’s growing user base Viacom’s (VIAB) Media Networks segment continues to gain, thanks to the popularity of its Nickelodeon channel and its growing number of followers. The network, which targets kids aged two to 17, witnessed television subscriber growth of 22% to 602 million in fiscal 2017, buoyed by the success of strong content such as Teenage Mutant Ninja Turtles, School of […]
Success of Lucasfilm Lucasfilm, a part of The Walt Disney Company (DIS), may boost the company’s film business with the release of Star Wars: The Last Jedi on December 15, 2017. The last film of the series, released at the same time last year, garnered more than $1 billion worldwide. Lucasfilm, popularly known for producing successful […]
Pixar’s historical success The Walt Disney Company’s (DIS) Pixar continues to boost its Studio Entertainment segment with hit movie releases. To date, Pixar has produced 18 films, including Toy Story, Finding Nemo, and Cars. These movies have generated business of more than $11 billion for the company worldwide. Even its latest movie, Cars 3, released this year, […]
Methods to enhance shareholders’ wealth Media conglomerate The Walt Disney Company (DIS) looks attractive to investors, mainly due to its regular dividend payments and healthy share buyback goals. It continues to enhance shareholders’ wealth through such objectives. In fiscal 2017, the company returned ~$11.8 billion to its shareholders through buybacks and dividend payments, compared with […]
Share repurchase trends The Walt Disney Company (DIS) continues to boost shareholders’ wealth through huge share buybacks. The company aims to buy stock worth $6 billion in fiscal 2018, the same rate at which it has been purchasing shares for the last five years. In 4Q17, the company bought 33.6 million shares for $3.4 billion, and in […]
On July 31, 2017, Discovery Communications (DISCA) announced the acquisition of Scripps Networks Interactive (SNI) for $14.6 billion, or $90 per share.
Viacom expects that its affiliate fees in the United States and international territories could improve in fiscal 3Q17 on a quarter-over-quarter basis.
As video streaming services like Netflix become increasingly popular, media companies like Viacom and Time Warner are rethinking their content strategies.
On June 23, Netflix (NFLX) had a forward EV-to-EBITDA (enterprise value–to–earnings before interest, taxes, depreciation, and amortization) multiple of 41.4x.
In April, Time Warner (TWX), Viacom (VIAB), and Twenty-First Century Fox (FOXA) announced the OpenAP platform to provide targeted advertising packages to advertisers.
Media companies’ programming costs Media companies, including Comcast (CMCSA) and Time Warner (TWX), are expecting higher programming costs this year. Cable company Comcast (CMCSA) has high content costs, similar to the fixed costs incurred by media networks such as The Walt Disney Company (DIS) and Viacom (VIAB). However, as distributors, cable companies have additional infrastructure […]
In fiscal 4Q16, Comcast’s programming expenses rose 12.2% year-over-year, driven by the renewal of programming contracts, higher retransmission consent fees, and rising costs for sports programming.
Comcast’s programming costs Cable companies such as Comcast (CMCSA) have high content costs. These costs are similar to the fixed costs incurred by media networks such as The Walt Disney Company (DIS) and Viacom (VIAB). However, as distributors, cable companies have additional infrastructure investments. Content costs account for much of a cable company’s operating costs. […]
Dish expects that “there’s going to be more flexibility in M&A transactions” that don’t “harm the public interest” and don’t “violate anti-trust laws.”
