Viacomcbs . Class B Stock News

Franklin Street Advisors Inc. NC raised its position in ViacomCBS Inc. (NASDAQ:VIAC) by 7.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 347,636 shares of the companys stock after buying an additional 25,079 shares during the quarter. Franklin []

ViacomCBS' (VIAC) partnership with CJ ENM, along with a line-up for strong content, is anticipated to boost subscriber growth.

In the latest trading session, 3.26 million ViacomCBS Inc. (NASDAQ:VIAC) shares changed hands as the companys beta touched 1.61. With the companys most recent per share price at $31.49 changing hands around $0.11 or 0.34% at last look, the market valuation stands at $19.45B. VIACs current price is a discount, trading about -223.82% off its ViacomCBS Inc. (NASDAQ: VIAC) Could Make Significant Gains? Read More »

Trust Co. of Vermont raised its holdings in shares of ViacomCBS Inc. (NASDAQ:VIAC) by 11.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 146,422 shares of the companys stock after acquiring an additional 14,794 shares during the quarter. Trust Co. of Vermonts holdings in ViacomCBS were worth $5,785,000 as of its most recent []

The markets sentiment reversal is removing the premium in over-priced stocks. Investors could bet on stocks like Unity (U), C3.ai (AI), or nCino (NCNO) bouncing back. While Unity has strong prospects, the latter stocks are lower for a reason. They still trade at unreasonable valuations and did not post good quarterly results. After negative headlines involving Activision (ATVI) and its CEO, ATVI stock selling accelerated. The P/E is in the teens, ignoring the cash flow strength from its hit titles like Call of Duty. Still, the company said on Nov. 2 that it would delay the Overwatch 2 and Diablo IV launch. ViacomCBS (VIAC) peaked at $100, due exclusively to Ex-Tiger Asia manager Bill Hwang betting big on the stock. He eventually dumped the stock after a margin call. The entertainment firm is building its streaming channel and trades in the single-digit P/E range. DocuSign (DOCU) lost 42% of its value on Dec. 3 after posting earnings of just 58 cents a share on revenue of $545.5million.

ViacomCBS International Studios and Wattpad Webtoon Studios have revealed a global partnership to source emerging content and creatives from around the world to develop a slate of original series based on hit Wattpad and Webtoon stories. Wattpad Webtoon Studios and ViacomCBS International Studios production arm, VIS, will co-produce content for ViacomCBS networks and platforms, including []

Google TV is rolling out a few partnerships and promotions including a new agreement with Pluto TV, an ad-supported streaming service owned by ViacomCBS. | Google TV is rolling out a few partnerships and promotions including a new agreement with Pluto TV, an ad-supported streaming service owned by ViacomCBS. Source: Google TV adds 300 live []

(RTTNews) - ViacomCBS (VIACA, VIAC) has entered new strategic partnership with CJ ENM, which enables the company to accelerate Paramount+ subscriber growth to audiences worldwide. The deal includes co-productions for original series and films, content licensing and distribution across ViacomCBS'' and CJ ENM''s streaming services. Also, Paramount+…

Comprehensive Deal to Deliver World-Class Entertainment Across Streaming Platforms Paramount+ to Debut in Asia As Exclusive Bundle with TVING in 2022 NEW YORK and SEOUL, Korea, Dec. 7, 2021 /PRNew

Comprehensive Deal to Deliver World-Class Entertainment Across Streaming Platforms Paramount+ to Debut in Asia As Exclusive Bundle with TVING in 2022 NEW YORK and SEOUL, Korea , Dec. 7, 2021 /PRNewswire/ -- ViacomCBS (NASDAQ: VIACA, VIAC) and CJ ENM today announced a new strategic partnership that will bring premium entertainment to audiences worldwide with a comprehensive global deal that includes co-productions for original series and films, content licensing and distribution across ViacomCBS'' and CJ ENM''s leading streaming services. Paramount+ will also debut in South Korea in 2022 as an exclusive bundle with TVING, CJ ENM''s streaming service, marking its first entry to the Asian market. "Korean entertainment has become a cultural juggernaut with unprecedented demand, and CJ ENM is behind some of the biggest international hits that transcend borders, including Academy Award-winning film Parasite, " said Dan Cohen , President, Global Distribution Group, ViacomCBS. "We are excited to partner with CJ ENM to deliver world-class content that will captivate our collective audiences, expand our intercontinental footprint and accelerate the growth of our streaming services with this powerful collaboration." ViacomCBS and CJ ENM will leverage their combined global reach, production capabilities, world-renowned IP and hit-making pedigree to deliver key synergy opportunities across both companies: Paramount Television Studios and CJ ENM/Studio Dragon will co-develop and co-produce English-language scripted series based on CJ ENM/Studio Dragon''s titles for exhibition on Paramount+.

ViacomCBS Inc. (VIAC) Presents at UBS 2021 Global TMT Virtual Conference (Transcript)