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Re-introducing ViacomCBS

Discussion in 'Streaming and Digital Media' started by Cranston37, Aug 13, 2019.

  1. Message #1 of 14 Aug 13, 2019
    Last edited: Aug 13, 2019
    Cranston37

    Cranston37 Screenwriter

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    https://deadline.com/2019/08/cbs-viacom-merger-deal-done-details-1202665588/

    "The transaction combines assets of the 92-year-old CBS, including its flagship broadcast network, local TV stations, premium network Showtime and publishing house Simon & Schuster, with Viacom’s Paramount Pictures, MTV and Nickelodeon. As the streaming wars intensify between traditional media and tech giants Netflix and Amazon, the combined CBS-Viacom offers a notable mix of subscription and advertising-supported streaming services."

    "The merged company will have a library of 3,600 film titles and 140,000 TV episodes, an important set of assets as CBS All Access and Showtime OTT battle with Netflix and others and as Viacom's PlutoTV gears up to do the same.

    The new ViacomCBS will also boast of a 22 percent share of the U.S. television audience, larger than Comcast, Disney, Fox Corporation, or WarnerMedia."
     
  2. Sam Posten

    Sam Posten Moderator
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    Dead service walking
     
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  3. Message #3 of 14 Aug 13, 2019
    Last edited: Aug 13, 2019
    Cranston37

    Cranston37 Screenwriter

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    I'm gonna go out on a limb here and say the "dead service walking" call, when there was no service announced at all, might have set a HTF record for an overly pre-mature reaction.

    Although I nonetheless think there will be about 17 posts calling the non-existent service too expensive...
     
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  4. Josh Steinberg

    Josh Steinberg Executive Producer
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    CBS All Access isn’t dead. Presumably this would ultimately wind up building on that platform. CBS is the most watched broadcast network. They’re probably in a better position to leverage a streaming service than any other broadcast network.
     
  5. Message #5 of 14 Aug 13, 2019
    Last edited: Aug 13, 2019
    Cranston37

    Cranston37 Screenwriter

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  6. Adam Lenhardt

    Adam Lenhardt Director

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    They never should have split in the first place. That was Les Moonves throwing his weight around and protecting his fiefdom. That's no longer an issue, for obvious reasons.

    Among other things, the CBS-Viacom split is part of why Paramount's in the sorry state it's in.
     
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  7. Cranston37

    Cranston37 Screenwriter

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    Which means that now with this merger, maybe joining MA will be in Paramount's future?
     
  8. Adam Lenhardt

    Adam Lenhardt Director

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    Certainly the combined company will have more resources, which can't hurt with Disney's hefty membership fee.
     
  9. Cranston37

    Cranston37 Screenwriter

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    You have to wonder how long it will be before somebody snaps up MGM. They can't possibly stand on their own in this new landscape.
     
  10. Chip_HT

    Chip_HT Second Unit

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    I was only getting slightly annoyed at the copy errors in that story, but then there was this little nugget at the end:

    DreamWorks Animation is with Universal now, and separate from the non-animated DreamWorks.
     
  11. Cranston37

    Cranston37 Screenwriter

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  12. B-ROLL

    B-ROLL Cinematographer

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    Um somebody did ... they're called SONY ... Fox only distributes and licenses MGM titles (for now) ...
    [​IMG]
     
  13. Message #13 of 14 Aug 13, 2019
    Last edited: Aug 14, 2019
    Cranston37

    Cranston37 Screenwriter

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    Sony has not owned MGM since 2010.
     
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  14. Message #14 of 14 Aug 19, 2019 at 12:29 AM
    Last edited: Aug 19, 2019 at 1:55 AM
    MatthewA

    MatthewA Lead Actor

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    Viacom only existed in the first place because of the FCC's now-repealed rules about networks owning syndicated programs while Paramount had some false starts in TV before buying Desilu and making it into their TV unit.

    MGM is another story altogether. A once-great studio, Hollywood's original lion king, hanging on by a thread but hanging onto that thread for decades. They lost its own library to Ted Turner, so they made up for it by snapping up as many bankrupt indies as they could. It should be owned by Warner Bros. and not a bunch of creditors, but that would also give them everything they've acquired along the way.

    This is just cleaning up the mess Les Moonves left behind. You want to see another example of his "legacy," go read the thread about Knots Landing in the TV on DVD section. The bad things they talk about happened under his watch when he worked at Lorimar before WB bought them and he moved from there to CBS.
     

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