ViacomCBS International Studios (VIS) has launched Narrativas Negras (Black Narratives), a Brazil-based collective of Black writers to develop representative and inclusive content.
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First-quarter revenues at ViacomCBS were up 14 percent to $7.4 billion, driven by ad revenue gains from coverage of the Super Bowl and a 65 percent increase in streaming revenues.
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ViacomCBS is selling $3 billion in stock, with plans to use the combined net proceeds for "general corporate purposes," including investments in streaming.
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Revenues at ViacomCBS rose by 3 percent in the fourth quarter to $6.9 billion, delivering net earnings from continuing operations of $783 million.
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ViacomCBS has revealed that the Paramount+ streaming service will launch in the U.S. on March 4, along with unveiling some additional international rollout details.
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Raffaele Annecchino has been appointed president and CEO of ViacomCBS Networks International (VCNI), effective immediately, succeeding David Lynn, who will depart the company following a transition period.
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U.S. streaming and digital video revenues were up 56 percent year-on-year for ViacomCBS in the third quarter, with subscribers up 72 percent to 17.9 million.
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Kelly Day has been tapped to lead international streaming at ViacomCBS Networks International as part of a management restructure that includes Pluto TV's Tom Ryan taking on oversight for the company's overall global streaming strategy.
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ViacomCBS has revealed Paramount+ as the brand name for the company’s upcoming global streaming service, along with unveiling international rollout plans and new original programming highlights.
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