Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,369.44
    +201.37 (+0.50%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    69,957.82
    -440.55 (-0.63%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • FTSE Bursa Malaysia

    1,536.07
    +5.47 (+0.36%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

ViacomCBS to Launch a New Streaming Service

After Viacom and CBS merged late last year in an all-stock deal, the new media corporation ViacomCBS VIAC is working on a new streaming service, according to anonymous sources who spoke with CNBC. It will compete with Netflix NFLX, Disney’s DIS Disney+, Apple’s AAPL AppleTV+, and the upcoming HBO Max from AT&T T and Peacock from Comcast CMCSA-owned NBCUniversal.

The new service will build on CBS All Access, which has been around since 2014, and include Viacom assets like Nickelodeon, BET, MTV, Comedy Central, and Paramount Pictures.

Both an ad-free and ad-supported will reportedly be options, along with a premium version that will include Showtime; the monthly cost is expected to be less than $10.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.6% per year.

ADVERTISEMENT

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
The Walt Disney Company (DIS) : Free Stock Analysis Report
 
Netflix, Inc. (NFLX) : Free Stock Analysis Report
 
AT&T Inc. (T) : Free Stock Analysis Report
 
Comcast Corporation (CMCSA) : Free Stock Analysis Report
 
Apple Inc. (AAPL) : Free Stock Analysis Report
 
CBS Corporation (VIAC) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research