Viacom


Viacom sells Nick shows to China’s iQiyi

Chinese online entertainment company iQiyi has signed a deal with Viacom International Media Network for the streaming rights of a number of Nickelodeon shows in China. Under the new expanded agreement, iQiyi gets exclusive streaming rights for Mandarin and English Nickelodeon programs in mainland China on iqiyi’s platforms for kids, which will the company says should […]

TBI Weekly: CBS Corporation’s year of change

Who would have thought during this year’s Upfronts that as CBS chief Leslie Moonves presented the company’s upcoming slate to a standing ovation, he would be the biggest cause for controversy in the company today? The media giant has, after all, been a remarkably steady company partly due to the chairman and CEO supporting the […]

Viacom confirms Awesomeness TV acquisition

Viacom has confirmed that it will acquire Awesomeness TV, a digital-first destination for original programming aimed at a Gen Z audience (those born in the mid-90s onwards). While Viacom did not state how much it would pay for the acquisition, The Hollywood Reporter has revealed that it is likely to be US$25 million plus debt. […]

CBS board to meet over Moonves sexual harassment claims

The board of CBS Corporation is set to meet today to determine how the company will formally react to recent sexual harassment allegations aimed at CBS chief Leslie Moonves. The move arrives after six women detailed cases of sexual harassment on a report published by Ronan Farrow on The New Yorker. Farrow is the same […]

Viacom’s Channel 5 bulks up free streaming service My5

Viacom-owned UK broadcaster Channel 5 has signed four content partnership deals for its streaming service, My5, which will bring 1500 new hours of programming to the platform over the next year. Content partnerships have been secured with PBS America, Together channel, Little Dot Studios and BET, whose programming will appear on the platform from July […]

Moonves receives Upfronts ovation as Redstone legal battle heats up

CBS chief Leslie Moonves (pictured) received a standing ovation from buyers at its Upfronts presentation last night, as the company faces a crunch after launching a lawsuit against its controlling shareholders, the Redstone family, on Monday. In an atypical Upfront presentation, Moonves walked out to a standing ovation from a sizeable portion of the crowd […]

Viacom launches Nick Jr on Indonesian mobile platform

Viacom International Media Networks (VIMN) is joining forces with Indonesia’s leading mobile operator Telkomsel to launch Nick Jr. in the Southeast Asian country. The deal marks VIMN’s first linear channel deal with a mobile partner in Indonesia. The preschool linear channel will be available in English and Bahasa Indonesia and follows a previous deal that […]

Comedy Central inks first look deal with Broad City duo

Comedy Central has set a “comprehensive” development deal with Broad City creators Ilana Glazer and Abbi Jacobson, which gives it a first look at content created or developed by the duo. The deal also extends across all of parent company Viacom’s television networks. The news arrives as Broad City draws to an end with its […]

Viacom makes $2.8bn counteroffer to CBS

Viacom has made a counter-offer that asks for $2.8bn more from CBS than the company valued earlier this month. The move follows CBS’ below-market bid for the company six days ago, which near threatened the merger all together. A CNBC report states that Viacom has now asked for 0.68 shares for each Viacom class B […]

CBS to make below-market bid for Viacom

CBS is set to make an all-stock offer for Viacom that prices the US company below its current market valuation, according to reports. Reuters revealed earlier today that the “unusual” merger move may threaten the negotiation, which would see the two media giants reunite after 13 years. The report states that CBS chief Leslie Moonves […]

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