The two platforms reached a total of 8 million subscribers at the end of last year, and CBS raised its goal to 25 million subscribers domestically byup from a target of 16 million. Facebook Icon The letter F. CBS All Access. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. There are corporate reasons to merge the two companies, which are both majority controlled by the Redstone family through National Amusements, Inc. Related Articles.
Viacom Inc on Friday announced a multi-picture deal with Netflix, and promised to make more films and TV shows for other companies, further. (Reuters) - Viacom Inc announced another film production deal with Netflix Inc through its Nickelodeon kids division, fleshing out a strategy to.
Who Wins and Who Loses If CBS and Viacom Merge The Motley Fool
Viacom has said in no uncertain terms that it is not going head-to-head with Netflix, despite making direct-to-consumer moves with new.
Retirement Planning. CBS All Access. World globe An icon of the world globe, indicating different international options. But the deal, if it happens, could also bolster CBS' streaming initiatives, Wall Street analysts and a media strategist told Business Insider.
Video: Viacom and netflix Netflix Watches Barney & Friends/Grounded
Twitter icon A stylized bird with an open mouth, tweeting. CBS and Viacom would have a broader international footprint together, and could use each others' programming —rather than buy from outside studios — in places like the UK, where Viacom is more established, and Australia, where CBS has a bigger presence.
Discovery says it isn't interested in selling to CBS, or linking up with CBS and Viacom should those two eventually merge, but some analysts. CBS and Viacom are reportedly in talks for a merger, which could reach a 3 big ways CBS merging with Viacom could help it fight Netflix.
Every new streaming service backed by a major media company both creates a new Netflix alternative and makes it harder for Netflix to complement its original content with licensed hits.
Close icon Two crossed lines that form an 'X'. But every media company that starts its own streaming service is one fewer potential partner for Netflix when it comes to licensed content, and that can't be welcome news for it. Stephen Lovely. It indicates a confirmation of your intended interaction. CBS All Access.
Netflix Punches Back In Legal Fight With Viacom Over Exec Poaching – Deadline
Viacom's streaming and production assets would open up CBS to a broader audience.
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Track Your Performance. Twitter icon A stylized bird with an open mouth, tweeting. How to Invest. For streaming companies that, like Sling TV, lack massive media libraries of their own, this pattern must be getting very old indeed.