|Bid||23.23 x 3100|
|Ask||23.26 x 4000|
|Day's range||23.11 - 24.18|
|52-week range||10.10 - 53.71|
|Beta (5Y monthly)||1.87|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.96 (4.13%)|
|Ex-dividend date||12 Jun 2020|
|1y target est||N/A|
Comcast (CMCSA) owned NBCUniversal signs licensing deal with ViacomCBS to add select Paramount movies and Showtime content on Peacock streaming platform after its launch on Jul 15.
Competing studios and media owners are starting to cooperate on a limited basis in order to maximize revenue.
Google's YouTube TV is raising its monthly rate from $50 to $65. The company cited those additional channels, its deal with AT&T (NYSE: T) to offer subscribers HBO Max, as well as some new features in its price increase announcement. YouTube TV had been the lowest-priced virtual multichannel video programming distributor (vMVPD) that offered a full-fledged cable subscription replacement.
Comedy Central today announced an expansive deal with Emmy® Award-winning Mike Judge to reimagine MTV’s seminal, Gen X-defining "Beavis and Butt-Head," as well as additional spin-offs and specials.
ViacomCBS Inc. (NASDAQ: VIACA, VIAC) ("ViacomCBS" or the "Company") today announced that Naveen Chopra has been appointed Executive Vice President, Chief Financial Officer, effective August 10, 2020. He succeeds Christina Spade, who will transition into an advisory role after the Company’s second quarter earnings call.
Subscribers of Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) YouTube TV will have to reach a little deeper into their pockets if they want to keep watching the streaming video service. Effective on Tuesday, YouTube TV's "base plan" now costs $64.99 per month, up from the previous level of $49.99 and nearly double the $35 the service was priced at its rollout. Clearly anticipating negative consumer reaction to such a steep increase at an economically challenging time, YouTube wrote in its official blog that "this new price reflects the rising cost of content and we also believe it reflects the complete value of YouTube TV, from our breadth of content to the features that are changing how we watch live TV."
In the latest trading session, ViacomCBS (VIAC) closed at $23.58, marking a -0.55% move from the previous day.
Two months after launch, things are not going well for Quibi, and founder Jeffrey Katzenberg can't blame all the service's problems on the pandemic.
At the same time, streaming services (and traditional television networks) are facing the challenge of being unable to produce new series and films. The current environment, where the increase in demand for streaming content is significantly outpacing the supply, could force some smaller streaming players to reconsider the value of their content libraries. J.P. Morgan media analyst Alexia Quadrani thinks legacy media companies with large back catalogs but fledgling streaming services are candidates to reconsider their streaming strategies over the next few months.
Hollywood is voicing its support for the Black Lives Matter movement amid ongoing protests over the death of George Floyd.
The media-streaming specialist's own ad-supported content platform just moved closer to an old-school linear TV experience.
Professional golf is set to return on June 11 this year. While the sport will look different, sports fans will be likely be delighted to see live sports once more. How will the PGA ensure player safety? League officials will test players and all other tournament attendees daily.
The coronavirus is disrupting Disney's live-action "Mulan" remake as China postpone the film's highly anticipated premiere.
Hollywood is bracing for impact as the coronavirus continues to disrupt the industry — delaying everything from movie premieres to production schedules.
NFL team owners on Thursday voted to approve a new collective bargaining agreement, but the players are unlikely to vote yes in its current form.
Needham and Co analyst Laura Martin said rising competition from Disney+ and Apple could cause the streaming giant to lose 4 million U.S. subscribers in 2020.