A big upside of ViacomCBS merger may be its global growth
The companies tout more than 4.3 billion TV subscribers worldwide, major holdings in the U.K., Australia, Argentina and India, and content production in 45 languages across five continents.
"We are expanding in the international marketplace, where we see our biggest opportunity over time, particularly in direct to consumer," CBS acting CEO Joe Ianniello said on the company's recent earnings conference call in touting the new focus area. "With nearly 7.5 billion people living outside the United States, the international marketplace presents a huge opportunity for further long-term growth."
One of them is international upside, he highlighted. "With broadcast assets in the U.K., Argentina and Australia and plans to launch new subscription VOD/advertising VOD services abroad, the new company will have a meaningful opportunity to grow their international footprint," Nathanson said.Read more: Hollywood Reporter
ViacomCBS Sees ‘Powerful’ Streaming Platform, Billions in Upside Post-MergerA newly formed streaming giant is entering the ring as Viacom and CBS — now known as ViacomCBS — prepare to merge their content portfolios that include both paid subscription and free a… It’ll be 4th best, at best. I see them being gobbled up by a bigger fish. They’re 1/4 the size of netflix after today’s merger announcement. And, Netflix is the fourth largest of the media companies behind Att/Warner, Disney and Comcast. It’s inevitable.
ViacomCBS Chief Bob Bakish Tells Investors Merger Removes “A Big Uncertainty”Investors long ago factored in the expected reunion of CBS and Viacom to their valuation of the companies’ stock prices, so Wall Street’s reaction to the confirmation of the merger was understandably muted
Breakingviews - CBS-Viacom merger is more whimper than Big Bang(Reuters Breakingviews) - CBS and Viacom, both controlled by the Redstone family... Meh. This is about the 20th time they've merged with each other.
CBS-Viacom merger is more whimper than Big BangThe broadcaster and the MTV owner, both controlled by the Redstone family, have finally inked a $30 bln reunion. Rogue CEOs, supine boards and dumb disputes gummed up the process. Hefty synergies won’t make up for perhaps more than $15 bln of value lost in three years of limbo.
Peach Upside-Down Skillet Cake With Bourbon Whipped Cream RecipeA lush combination of a Southern upside-down cake and a French tarte tatin, this cake is deeply caramelized on top and light and fluffy beneath The chef Virginia Willis, who put the recipe together, uses a whole vanilla bean, but if you don't feel like making that investment, a teaspoon of strong pure vanilla extract is fine She uses a well-seasoned cast-iron skillet, but a heavy nonstick one would work too 🙃 iamkdjiah Looks amazing, but is it amazing enough to bike for 300 miles to compensate for the calories? Probably. :)
Equinox developer targeted by anti-Trump protesters is big player in downtown L.A.The billionaire real estate developer whose support for President Trump sparked calls for a consumer boycott is also behind one of the flashiest redevelopment projects coming to downtown Los Angeles. “ is slated to receive more than $198 million in financial help from the city” Of course they are targeting him.