Viacomcbs . Class B Stock News

ViacomCBS Inc Class B (NASDAQ: VIAC ) shares are trading lower by 5.1% at $34.15 during Tuesday''s after-hours session after the company reported fourth-quarter adjusted EPS results were down year-over-year. ViacomCBS reported quarterly earnings of 26 cents per share, representing a 75% decrease over earnings of $1.04 per share from the same period last year. The company reported quarterly sales of $8.00 billion which beat the analyst consensus estimate of $7.49 billion by 7%. This is a 16% increase over sales of $6.87 billion the same period last year. ViacomCBS says total company revenue increased 16% year-over-year in the fourth-quarter, reflecting growth across … Full story available on Benzinga.com

ViacomCBS and Taylor Sheridan, a creator of the Western drama, announce plans for a new season with more episodes, a new Dutton family story called ‘1932’ and other series starring Sylvester Stallone and Billy Bob Thornton.

The company ramped up spending on content and marketing for its Paramount+ and other services, depressing profits in the fourth quarter.

2/2 © Reuters. FILE PHOTO: The ViacomCBS logo is displayed at the Nasdaq MarketSite to celebrate the company’s merger, in New York, U.S., December 5, 2019. REUTERS/Brendan McDermid/File Photo 2/2 (Reuters) -ViacomCBS Inc said it will change its name to Paramount starting on Wednesday as the company positions itself to compete in the crowded market …

By Helen Coster (Reuters) – When the reality series “The Challenge: War of the Worlds” launches on four continents in June, ViacomCBS Inc aims to test a key component of its streaming strategy – using localized content on broadcast TV to attract subscribers to its Paramount+ streaming service, an executive with the entertainment conglomerate told Reuters.

ViacomCBS (VIAC) delivered earnings and revenue surprises of -31.58% and 7.10%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

"Paramount."

The media giant is rebranding itself with a fresh, yet familiar, moniker.

ViacomCBS is rebranding to Paramount. The company is focused on streaming with Showtime, Paramount Plus, and Pluto TV. It’ll bring Paramount movies exclusively to Paramount Plus following theatrical releases in 2024 in the US.

With the name change, the company aims to emphasize its Paramount+ streaming service and evoke the heritage of its century-plus old film studio.

ViacomCBS ([[VIAC]], [[VIACA]]) is rebranding the company to Paramount Global - a doubling down on its content strategy and streaming focus going forward

Farewell, ViacomCBS. Hello, Paramount. ViacomCBS is officially changing its company name to Paramount, effective Wednesday. The announcement was made by Bob Bakish, president and CEO, and Shari Redstone, non-executive chair of the company''s board of directors. The company''s legal name will be Paramount Global, but it will be known as Paramount. The news was made…

"Paramount" is the new name of ViacomCBS, the company announced on Tuesday.

Tens of Millions of fans tuned in to watch the Los Angeles Rams beat the Cincinnati Bengals to win Super Bowl LVI. Here’s a look at how many people viewed the game on traditional television, along w

ViacomCBS (VIAC) delivered earnings and revenue surprises of -31.58% and 7.10%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?