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ViacomCBS Inc. (VIAC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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30.16-0.10 (-0.33%)
At close: 4:00PM EDT
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  • W
    WADES
    It has been suggested that faangs,VZ,ATT and others are not that interested till the see the results of re-branded Paramount+.Successful investors buy stocks such Amazon when they were online booksellers or NFLX when their main business was mail order video disks.
    Once the successful results start coming in, the stock price will probably already priced them in.
    Thus winners buy before the news. The big players are the winners.
  • S
    Schizo2019
    CBS All Access and Showtime OTT will have an estimated 18 million combined paid domestic subscribers by year end, Bakish confirmed, up a hefty 60% from last year. He said Showtime added more subs in the past six months than it has in the past two and half years.

    Asked about advertising, he reiterated comments from another media conference last week that trends improved “meaningfully” in July and August and returned to pre-COVID levels at Pluto TV and other corners of the business. Pharma, retail, insurance, financial and local advertising is picking up, the latter driven by a revival in automotive. Record political spending is yet to hit. Current third quarter advertising “will be dramatically better than 2Q.”
  • M
    Martens
    the service broke a new record for total monthly streams in August and experienced one of its best months ever in terms of new subscriber sign-ups. In addition, the average age of new subscribers in August was measurably younger than the service’s overall average subscriber age, due in large part to the addition of UEFA and the newly added content from various ViacomCBS brands.
  • W
    WADES
    The enterprise value should be $55+billion plus streaming business.
    The company should be able to grow 10+% a year with its vast amount of content.
    Another company with larger financial resources could grow it a lot faster.

    That is why other companies could be interested!
  • E
    ExtremeHackInvestor
    Despite some uniformed opinions on the CNET sale, adding $500M in liquidity by selling off non-core assets is exactly in line with Bob & team's post-acquisition strategy. As Bob said in last week's BoA investor conference, they will be using the proceeds from these sales to reduce their debt to reach their debt ratio target of 2.75. It's another example of setting targets and successful execution of achieving those targets. Viacom will be a much stronger company as it continues to execute.
  • J
    J. K.
    “3) Finally, the death of Sumner Redstone in August presents an opening for ViacomCBS to move towards closer arrangements, such as a merger, with other media. There may need to be a little fancy legal footwork to make it work, as the late Mr. Redstone had trust provisions requiring that any deal involving the controlling interest of National Amusements in ViacomCBS must result in National Amusements retaining at least a 30% control in any business resulting from merger or buyout (National Amusements owns the majority of the ViacomCBS voting shares (VIACA)). Clearly that makes ViacomCBS less attractive to a potential buyer like Apple or anyone else, if enforceable, but I would expect legions of lawyers are already working on how to either work around it or render it un-enforceable.“

    https://seekingalpha.com/article/4374528-viacomcbs-pieces-coming-together-to-move-higher
    Debt is up nominally, but cash is also up and assets for sale are starting to move. The streaming wars only are getting hotter, and CBS is working to stay in the thick of them, rebranding its platform and pushing global expansion.
    Debt is up nominally, but cash is also up and assets for sale are starting to move. The streaming wars only are getting hotter, and CBS is working to stay in the thick of them, rebranding its platform and pushing global expansion.
    seekingalpha.com
  • W
    WADES
    In an article about about Taylor Swift recording Master tapes dispute, Kayne West said “In the streaming world master ownership is everything...”.

    That is why VIAC ( the king of content) is more valuable than the market is reflecting.
  • K
    Kroptie
    THE 95 million shorts shorted the wrong co. it has a pE of 5 and sum of parts is worth $166+ a share. The streaming business alone is worth the entire matket cap by itself and is growing over 70-110%+. The float is 1% and they mathematically cant cover their shorts. Amazon rumored to be bidding 0.033 a share + $10 in cash for each Viacom share. All Faangs will bid to compete with each other. Viacom hired the former Amazon CFO for themselves.See everyone at near $100 a share
  • t
    tony
    What is the big volume "just at market closing"?
    About 5 millions yesterday and 6 millions today.
    Certainly, It is not regular trading. Anybody has a deep knowledge about this kind of trading practice?
  • K
    Kroptie
    This is a $95 stock masquerading as a $30.25 share. The shorts made 10 critical mistakes. Make them buy it back at $95
  • B
    Brewster
    VIAC about to LAUCH: (Still time to buy!)
    VIACA, VIAC ViacomCBS also revealed plans for additional new original series for Paramount+: The Offer, a scripted limited event series from Paramount Television Studios, based on Al Ruddy's experiences of making "The Godfather." Lioness, a spy drama created by Taylor Sheridan with Sheridan, Jill Wagner, David Glasser, David Hutkin, and Bob Yari set to executive produce. A reimagination of the Emmy-nominated series "Behind the Music" entitled MTV's Behind the Music - The Top 40, which will unlock MTV's vault from the past 40 years. The Real Criminal Minds, a true crime docuseries based on the CBS Television series. The service is also developing a revival of The Game as part of BET's programming on Paramount+ from CBS Television Studios and Grammnet Productions. Additional new original content will be announced ahead of launch".
  • B
    Brewster
    Bob on CNBC:
    "All the data suggests, and we're still relatively early in the streaming world, that overwhelmingly people will subscribe to more than one service," says $VIAC CEO Bob Bakish. "It's why differentiation and brand positioning is so important with Paramount+ we see that in spades."
  • W
    WADES
    If the business is picking up as much as management is saying, it is time for a stock buyback before the market realizes it and drives up the stock price.
  • K
    Kevin
    It feels so great to have patiently held this for the last few months and seeing this heading in the direction it should have long ago.
  • R
    Ronstermon
    ViacomCBS Inc (VIAC) saw options trading volume of 41,206 contracts, representing approximately 4.1 million underlying shares or approximately 48.1% of VIAC's average daily trading volume over the past month, of 8.6 million shares. Especially high volume was seen for the $20 strike put option expiring December 18, 2020, with 12,037 contracts trading so far today, representing approximately 1.2 million underlying shares of VIAC. Below is a chart showing VIAC's trailing twelve month trading history, with the $20 strike highlighted...
  • B
    Brewster
    Paramount brand historically has been synonymous with film — and its logo — a mountain with a star halo — enjoys worldwide recognition. But in the digital era, that logo is getting a makeover. CBS All Access, the …
    Paramount brand historically has been synonymous with film — and its logo — a mountain with a star halo — enjoys worldwide recognition. But in the digital era, that logo is getting a makeover. CBS All Access, the …
    thestreamable.com
  • W
    WADES
    2019 YE the company produced around 4.9B cash flow. At least 500M in reduced cost post merger savings. At 10 times cash flow (which is not high) would give it a enterprise value of 54B enterprise value on cash flow. That doesn’t include the rapid grow of streaming plus the value of content which not reflected on the balance sheet.
  • S
    Schizo2019
    This is a clue as to what Viacom will be bringing in from advertising revenue from upcoming NFL games.

    Worth noting: advertisers still believe in the NFL and in the audience that’s watching. Pro Football Talk reported Thursday that NBC sold out its ad inventory for Thursday night’s game, “with revenue up double digits vs. 2019 and the average cost per 30-second spot near $900,000,” according to an NBC spokesperson.
  • S
    Schizo2019
    Surprised that the new rebranded super service will not include Showtime. Would have thought that would have been a big draw to the service. Guess revenue wise they are thinking it’s better left as an add on. At any rate, GLTAL’s.
  • S
    Shawn
    the release of walmart + is a positive for companies like VIAC. it provides more options to monetize its content and offers another potential company that could acquire VIAC in the future