Viacom agrees to buy ad-supported streaming service Pluto TV for $340 million [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
Viacom agrees to buy ad-supported streaming service Pluto TV for $340 million Todd Williamson | Getty Images Viacom CEO Bob Bakish. Pluto TV is a free, ad-supported service that has given over-the-top viewers a video option that doesn't require a cable subscription or monthly payments to Netflix For Viacom, which owns MTV, Comedy Central and VH1, the acquisition could help in future negotiations with pay-TV distributors. Viacom plans to let carriers such as Comcast show chapters Lot of demand to fill is great for Viacom, says CEO Bob Bakish 3:22 PM ET Wed, 9 Jan 2019 | 04:07 Viacom shares have fallen more than 50 percent over the past five years as many of its signature channels have failed to churn out hit shows that resonate with younger audiences. To stay relevant in an on-demand world, Viacom is offering content in a variety of forms, including free services and several subscription offerings. The company is widely expected to begin merger discussions CBS "As the video marketpl
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CMCSA
Earnings
- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website