Brian Steinberg-Senior New York Coronavirus show reports Company Brian Steinberg-Senior New York

ViacomCBS Swings to Q4 Profit As Company Reveals Paramount Plus Content Details

Reading now: 222
variety.com

Brian Steinberg Senior TV EditorViacomCBS swung to a profit in the fourth quarter, announcing results just before it unveiled a wide range of new details about the content it intends to show on the streaming-video hub Paramount Plus.

The new hub is a critical initiative for the company as it seeks to vie with other media conglomerates also chasing consumers moving steadily from linear TV to on-demand programming.The New York company, which owns the CBS broadcast network, the Showtime cable network and the Paramount movie studio, previewed the new launch Wednesday as it reported earnings from a period when the broader media sector has been working to emerge from conditions resulting from the coronavirus pandemic.More to come… .

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA