ViacomCBS Plans 'House of Brands' Streaming Service, Boosts Cost Savings Target

  • 📰 THR
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

ViacomCBS is planning a 'House of Brands' streaming service drawing from both sides of the recently recombined company and said revenue for its domestic streaming and digital video business amounts to about $1.6 billion annually. Details:

ViacomCBS has made it official, unveiling a new streaming service drawing from both sides of the recently recombined company.

Management, led by CEO Bob Bakish, further shared a new target for the merger synergies of $750 million, compared with the original guidance for at least, plus revenue synergies in such areas as distribution, advertising, content licensing and streaming.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I hope the name of the “House of Brands” style streaming service should be called “Paramount+” or “CBS+”.

Great name. If you're a sales outlet at a shopping mall.

Who’s the hottie?

No more streaming services.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reed Hastings Plans Netflix Book for MayA book co-authored by Netflix CEO ReedHastings will be released May 12. 'No Rules Rules: Netflix And The Culture Of Reinvention', will be published by Penguin Randomhouse reedhastings Wow! This sure is going to be intriguing yashar reedhastings Will the book talk about how Hastings lied for years and years, to probably hundreds of reporters, about what inspired the creation of Netflix?
Source: THR - 🏆 411. / 53 Read more »

Monzo plans to hire 500 new employees and launch paid premium accounts this year - Business InsiderMonzo plans to increase its headcount to more than 2,000 this year in addition to launching paid premium accounts this quarter.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Michelle Keegan and Mark Wright's dream home plans 'scuppered by colony of bats'Mark Wright and Michelle Keegan were planning to build a multi-million pound family home but rare bats nesting nearby could bring an end to their dream DailyMirror Y can't they get rid of them I mean I know bats are protected but u can do it without harming any just use the nets & when they are gone fill in & cover all the holes up & take the nets back down & problem solved but that would be illegal so don't do that hahaha haha
Source: Mirror Celeb - 🏆 476. / 51 Read more »

Google plans to move UK users' accounts outside EU jurisdictionGoogle is planning to move its British users' accounts out of the control o... Googlexit In the future, should tweet in news : Google Plans to move Germany, Italy, Spain... users account outside EU jurisdiction. So the UK? Which is no longer apart of the EU...
Source: Reuters - 🏆 2. / 97 Read more »

Lawrence: Dem healthcare plans exist in 'fantasy world' in which McConnell is not majority leaderLawrence O'Donnell discusses the 2020 Democratic candidates' healthcare plans, and explains how passing any healthcare legislation will be near to impossible for a Democrat if Senate Majority Leader Mitch McConnell is still in power. Lawrence Soooo we kick him out, then. Lawrence Every democratic policy proposal is DOA if we can’t flip the Senate. That’s built into the calculation. Lawrence Well Moscow Mitch is going down, so...
Source: MSNBC - 🏆 469. / 51 Read more »

HSBC plans to cut 35,000 jobs as profit drops 33%HSBC says it's cutting around 35,000 jobs and dramatically overhauling its business after profit plunged by a third in 2019 Why dont you hold tour executives accountable? Maybe cut bonuses The little people always pay for the mistakes from above!!! Thanks CNNPolitics. Let's talk about it American. President Obama and VP Biden help build a better economy 11 years ago. Bloomberg and Trump should stop calming the credit for this good economy. Never forget
Source: cnnbrk - 🏆 393. / 55 Read more »