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Transcript from JP Morgan presentation today :
https://seekingalpha.com/article/4431028-viacomcbs-inc-viac-management-presents-jpmorgan-49th-annual-global-technology-media-and
This $40 "Streaming Wars" Stock Has 100% Profit Potential
By ANDREW KEENE, Special Contributor, Money Morning • May 21, 2021
When Netflix Inc. (NASDAQ: NFLX) started offering its customers a streaming option back in 2007, it was basically the only game in town; it had free rein for a good few years. That did a lot to cement its public perception as the "King" of streaming.
Nowadays, of course, there's unbelievable competition – worldwide – for the consumer's entertainment dollar.
In addition to Netflix, you've got Walt Disney Co.'s (NYSE: DIS) three, soon to be four, streaming services, AT&T Inc.'s (NYSE: T) massive HBO Max, Amazon.com Inc.'s (NASDAQ: AMZN) Amazon Prime Video – at this point there are just too many to list here.
The upshot, for investors, is that some of the world's biggest companies, with the hottest stocks, are actively duking it out right now, chasing the biggest share of a huge pool of money.
When that happens, investors who back the right horse tend to win out. The cool part is, the "right horse" doesn't necessarily need to be the ultimate winner – it just has to have a solid, executable plan and the assets to make that plan a reality.
That's right – despite what you hear, you can absolutely double your money on the third- or fourth-place company…
Streaming Stocks Are in a Good Place, But…
As we all know, for the last year or so, billions of people around the world were pretty much stuck inside. Netflix alone added a record 37 million new subscribers over the course of 2021.
That kicked off a streaming boom, packed with mergers and acquisitions, big spending for top-notch content, unprecedented incentives, and fast expansion for the biggest companies jockeying for position. What investors got was really a boom in stock prices.
Just 90 Minutes a Week
That's cooled off a bit – most of the big streamers are well off their 52-week highs. But the fact remains, as of May 2021, more people have streaming subscriptions than pay for cable.
I don't think the streaming boom is quite over yet; it's taking a breather, sure, but there's a lot of activity in this space that suggests a new phase in the "war" and, more than likely, a new run to highs.
A lot of investors are talking about this recent merger.
Just this past Monday, AT&T and Discovery Inc. (NASDAQ: DISCA) announced a merger of their media assets. They're trying to create a more competitive platform to challenge rivals like Netflix and Disney's Disney+.
The $43 billion deal, which will create a new publicly traded company, will see AT&T unload its WarnerMedia assets, including the popular HBO Max service, as AT&T looks to return to its core wireless communications business. It's not all that different from what we talked about earlier this month, when Verizon unloaded its sluggish media properties onto Apollo Global.
Discovery is expected to give the HBO Max platform additional distribution capabilities around the world as HBO is preparing to launch its streaming platform internationally. Discover's Discovery+ streaming platform gets more than half of its revenue from outside of the United States – with a lineup that includes popular channels like Food Network, TLC, HGTV, Animal Planet, and Eurosport.
The initial reaction to the merger was positive, with DISCA and T opening up 10% and 3.9%, respectively. But… as the trading day wore on, both stocks slumped below their prior close price as the market endured another down day.
So, this merger, for investors, is a dud right now – though it might be worth another look further down the road.
That points us in the direction of the streaming stock to buy right now.
My Favorite Name in This Competitive Space
Now, first things first: It doesn't actually matter who "wins" the streaming war.
All the media focus is on the "winner." I don't necessarily think, in the short term, Netflix or Disney or Amazon will be "dethroned" by some upstart we haven't heard of. But that doesn't mean other, smaller streaming stocks won't be insanely profitable over the next two years.
I think the big profit potential, both in terms of buy-and-hold and trading, is in ViacomCBS Inc. (NASDAQ: VIAC). Its CBS All Access streaming service has been rebranded as Paramount+ and, frankly, the pivot is happening at a particularly strong time for the media giant.
Paid subscribers hit 17.9 million in 2020, at a time when the service was actually very light on the marquee movies other streamers offer. The "secret sauce" there was the hugely popular, 55-year-old "Star Trek" franchise. Granted, "Star Trek" doesn't rake in the megabucks in the way that "Star Wars" or the Marvel Cinematic Universe do, but various sources estimate the franchise is worth a "mere" $10.6 billion – a respectable chunk of change for a $26 billion company like ViacomCBS.
The "Star Trek" franchise sports nine television series going back to 1966, including two brand new "Trek" series that debuted on the streaming platform in 2020, both of which were very well-received by critics and customers.
Now, an older deal from the last decade meant that the franchise was split into TV series and films, with CBS keeping dibs on the shows and Paramount Studios retaining the 13 "Star Trek" films, but a more recent "re-merger" brings the $2.3 billion TV properties and the $2.26 billion movie properties under one roof again, and there are aggressive plans to grow it beyond 2021 with – you guessed it – more "Star Trek" series. It's like a license to print money.
Paramount+ is an altogether more valuable streaming operation than its earlier CBS All Access incarnation; the addition of basically Paramount Pictures' entire movie catalogue and a raft of other properties really boosts the "value proposition" for subscribers. And, in a particularly smart move, there are plans to invest heavily, Netflix-style, in original content. There are something like 36 new series planned for the first year, including those new "Trek" series.
The stock itself, VIAC, is looking incredibly attractive right now; it's definitely "on sale" at current prices. I wouldn't have touched VIAC with a borrowed 10-foot pole at its March 22, 2021 high of $101.97, but here, below $45, I can't buy enough. Even after the fall from $101, the stock is still up about 100% from where it was a year ago, but the upside potential here for at least another double over 2021 is strong.
.45-55 cents
What was the premium?
* * $VIAC Video Chart 05-20-2021 * *
Link to Video - click here to watch the technical chart video
just wrote 40 covered calls for $50 strike June 18th
she has a month to go up $8
Thar she blows $VIAC
MTV Entertainment Group Convenes More Than 1,300+ Organizations, Brands, Government Agencies & Cultural Leaders Join Together...
$VIAC
... vs. NFLX : (UPDATED as of 5/8/2021)
Well BofA has lit the fuse ... who is going to throw the gas on the fire next ???
Technicals can be useful BUT Fundamentals are ESSENTIAL :
1. Dividend: VIAC = $.96 vs. NFLX = $0 (NONE)
2. Marketcap: VIAC = $24.2 BILLION vs. NFLX= $223.4 BILLION
3. P/E (Price Earnings): VIAC = 9.72 vs. NFLX = 62.45
4. Revenue : VIAC = $26.03 BILLION vs. NFLX= $26.4 BILLION
5. Debt to Equity : VIAC = 92.78 vs. NFLX = 120.7
6. SPS (Sales Per Share) : VIAC = 42.30 vs NFLX = 59.52
7. PS (Price Sales) : VIAC = .92 vs NFLX = 9.68
So which stock has the most value for an investment and which
one is actually making "BANK" ? VIAC hands down ...
These numbers are real : See for yourself - cnbc.com/quotes/NFLX...
cnbc.com/quotes/VIAC...
... JMHO
VIAC had me at PE under 10
https://finviz.com/quote.ashx?t=viac
Agree all the way around ... I also must admit, I do not care for Soros' politics, but do respect his stock picks and now he has loaded his boat with VIAC, so all the best to him for his new pick ... ;)
yes and I am a fan of David Tepper
i respect Tepper, Burry, Gundlach, Drunkemiller, Schiff, Cooperman, Niles, and that one man from India who deals with valuations
AGREE Neb ... I am loaded to the gills now, myself. Dan Niles was on CNBC awhile ago and has my greatest respect far a LONG time now and as you know he owns a large chunk and has been shouting it from the rooftops.
OUR day is coming ... ;)
John
ViacomCBS Underscores the Power of Partnership, Content and Capabilities During Virtual Upfront Presentation
Extensive Slate of Premium Content, Industry-Leading Advertising Solutions and Massive Footprint Across Linear and Digital Provide Unmatched Reach for Marketing Partners at Scale
*Click here for media and image assets
May 19, 2021 04:30 PM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--ViacomCBS Inc. (NASDAQ: VIAC, VIACA) today showcased the strength of its content and capabilities with a special celebrity-casting Upfront edition of Survivor. Through a series of unique challenges, fan-favorite talent from ViacomCBS’ leading portfolio of entertainment, news and sports brands highlighted the company’s largest slate of premium programming, powerful suite of advertising solutions and massive reach to help marketing partners outplay, outwit and outlast in today’s increasingly complex marketplace.
“We’re giving marketers the ability to leverage the full scale and power of our brands and businesses with the broadest set of leading data-driven advertising capabilities and creative marketing solutions across every platform,” said Jo Ann Ross, President and Chief Advertising Revenue Office, ViacomCBS Domestic Advertising Sales. “We have exceptional content for everyone, everywhere across our expansive ecosystem — and this meaningful total reach in premium, brand-safe, high-engagement environments spanning broadcast, cable, streaming, experiential and social is second to none.”
ViacomCBS is providing more touch points than ever before to deliver true integration and alignment with its popular brands, premium IP and coveted audiences through simplified, unified and effective advertising solutions, including:
ViacomCBS EyeQ Video, one of the biggest premium video ad platforms in digital media, with 60 million monthly full-episode viewers. Powered by ViacomCBS’ fast-growing ad-supported streaming properties, including Paramount+ and Pluto TV, the leading free streaming television service in the U.S., EyeQ provides marketers with unprecedented quality and scale for maximum reach and impact in one easy solution.
Leading multicultural marketing solutions to help advertisers achieve their diversity, equity and inclusion goals as a trusted leader in the space, ensuring that marketers reach and engage ViacomCBS’ diverse audiences with authenticity and purpose.
Award-winning custom creative, branded programming, live events, influencer and shopper marketing solutions, offering advertisers the opportunity to build affinity and convert passionate fans through distinctive, genuine storytelling.
Vantage, the industry’s most sophisticated advanced advertising platform, which delivers relevance, optimization and results across every consumer touchpoint, including linear, digital and an addressable TV footprint of more than 40 million households.
The company’s “InView” reporting platform, which provides a holistic overview of campaign performance and new levels of transparency, to help advertisers evaluate their multi-channel marketing investments across the ViacomCBS portfolio.
Today’s presentation concluded with a content showcase, unveiling the 2021-2022 CBS Fall Primetime schedule and previewing ViacomCBS’ most significant slate of original series to date spanning all genres, including drama, comedy, reality, kids and family, late night and daytime, major specials and tentpole events, as well as the best in sports and news.
Drama
Blue Bloods – Stars Tom Selleck in a drama about a multi-generational family of cops dedicated to New York City law enforcement.
Bull – Stars Michael Weatherly as Dr. Jason Bull, a brash, brilliant trial consultant who combines psychology, human intuition and high-tech data to learn what makes jurors, attorneys, witnesses and the accused tick. Inspired by the early career of Dr. Phil McGraw.
CSI: Vegas – The sequel to the network’s global hit CSI: Crime Scene Investigation, opens a brand-new chapter in Las Vegas, the city where it all began where a brilliant new team of investigators led by Maxine Roby (Paula Newsome) must enlist the help of old friends - Gil Grissom, Sara Sidle, David Hodges, and Jim Brass - to do what they do best – follow the evidence.
Equalizer – A reimagining of the classic series starring Academy Award® nominee and multi-hyphenate Queen Latifah (Chicago, Bessie) as Robyn McCall, an enigmatic woman with a mysterious background who uses her extensive skills as a former CIA operative to help those with nowhere else to turn.
Evil – A psychological mystery that examines the origins of evil along the dividing line between science and religion. The series focuses on a skeptical female psychologist who joins a priest-in-training and a contractor as they investigate the Church’s backlog of unexplained mysteries, including supposed miracles, demonic possessions and hauntings. Their job is to assess if there is a logical explanation or if something truly supernatural is at work.
FBI: International – From Emmy® Award-winning executive producer Dick Wolf, this fast-paced drama is the third iteration of the successful FBI brand that follows the elite operatives of the Federal Bureau of Investigation’s International Fly Team.
FBI – From Emmy® Award-winner Dick Wolf and the team behind the Law & Order brand, FBI stars Missy Peregrym and Zeeko Zaki in a fast-paced drama about the inner workings of the New York office of the Federal Bureau of Investigation.
Games People Play – Based on the popular book by Angela Burt-Murray, Games Divas Play, Games People Play is a sexy, stylized drama about the L.A. high life, where everyone plays to win.
Good Sam – Stars Sophia Bush and Jason Isaacs in a drama about a gifted heart surgeon who excels in her new leadership role as Chief of Surgery after her renowned boss falls into a coma. But when he wakes up months later demanding to resume his duties, Sam is tasked with supervising the man who never acknowledged her stellar talent, who also happens to be her father, Dr. Rob “Griff” Griffith.
Land Man – Set in the proverbial boomtowns of West Texas, Land Man is a modern day tale of fortune seeking in the world of oil rigs. The series is an upstairs/downstairs story of roughnecks and wildcat billionaires fueling a boom so big, it’s reshaping our climate, our economy and our geopolitics.
Mayor of Kingstown – Follows the McLusky family – power brokers in Kingstown, Michigan, where the business of incarceration is the only thriving industry. Tackling themes of systemic racism, corruption and inequality, the series provides a stark look at their attempt to bring order and justice to a town that has neither.
NCIS: Hawai’i – The first female Special Agent in Charge of NCIS Pearl Harbor, Jane Tennant (Vanessa Lachey) and her unwavering team of specialists balance duty to family and country while investigating high-stakes crimes involving military personnel, national security and the mysteries of the sun-drenched island paradise itself.
NCIS – Starring Mark Harmon, NCIS is more than just an action drama. With liberal doses of humor, it’s a show that focuses on the sometimes complex and always amusing dynamics of a team forced to work together in high-stress situations as they investigate all crimes with Navy or Marine Corps ties.
SEAL Team – A military drama that follows the professional and personal lives of the most elite unit of Navy SEALs as they train, plan and execute the most dangerous, high-stakes missions our country can ask of them.
Star Trek: Discovery – Season four of Star Trek: Discovery finds Captain Burnham (Sonequa Martin-Green) and the crew of the U.S.S. Discovery facing a threat unlike any they’ve ever encountered. With Federation and non-Federation worlds alike feeling the impact, they must confront the unknown and work together to ensure a hopeful future for all.
The Good Fight – In the fifth season, Diane (Christine Baranski) is forced to question whether it’s appropriate for her to help run an African American law firm with Liz (Audra McDonald) when the firm loses two top lawyers. Meanwhile, Marissa (Sarah Steele) and the firm become entangled with Hal Wackner (Mandy Patinkin), a regular Chicagoan who decides to open his own courtroom in the back of a copy shop.
Tyler Perry’s Ruthless – BET+ original series Tyler Perry’s Ruthless is the riveting story of a young woman who becomes entangled in a scandalous cult of powerful sex-crazed fanatics, who she must now play along with until she can find a way to free herself and her young daughter.
Tyler Perry’s Sistas – In the new season of Tyler Perry’s Sistas, Tyler Perry takes viewers on an exhilarating ride of emotions and gut-busting predicaments that will test the ladies’ long-standing friendship. This band of women, intertwined with their newfound relationships, must navigate this new-age dating scene as they continue to search for love in their 30’s.
Tyler Perry’s The Oval – The one-hour drama, Tyler Perry’s The Oval, lifts the veil of what can happen when the leader of the free world, his wife and family are crazed maniacs. The series also highlights the personal side and everyday lives of the staff who run the inner workings of the nation’s most iconic residence.
Y: 1883 – Follows the Dutton family as they embark on a journey west through the Great Plains toward the last bastion of untamed America. It is a stark retelling of Western expansion, and an intense study of one family fleeing poverty to seek a better future in America’s promised land – Montana.
Yellowstone – Chronicles the Dutton family, led by John Dutton, who controls the largest contiguous cattle ranch in the United States. Amid shifting alliances, unsolved murders, open wounds and hard-earned respect, the ranch is in constant conflict with those it borders – an expanding town, an Indian reservation and America’s first national park.
Yellowstone Spinoff, 6666 (Working Title) – Founded when Comanches still ruled West Texas, no ranch in America is more steeped in the history of the West than the 6666. Still operating as it did two centuries before, and encompassing an entire county, the 6666 is where the rule of law and the laws of nature merge in a place where the most dangerous thing one does is the next thing… The 6666 is synonymous with the merciless endeavor to raise the finest horses and livestock in the world, and ultimately where world class cowboys are born and made.
Comedy
B Positive – A comedy from Chuck Lorre and Marco Pennette that revolves around Drew (Thomas Middleditch), a therapist and newly divorced dad who is faced with finding a kidney donor when he runs into Gina (Annaleigh Ashford), a rough-around-the-edges woman from his past who volunteers her own.
Beavis and Butt-Head – Emmy® Award-winning Mike Judge reimagines MTV’s seminal, Gen X-defining Beavis and Butt-Head, who return for another movie adventure to debut on Paramount+, and will then kick-off the new series on Comedy Central.
Bigger – Hailed by ESSENCE as, “A love letter to the friendships Black women count on,” BET+ original series Bigger follows Layne, a single-black-woman and her close-knit group of 30-somethings as they navigate love, friendships, career ambitions and the journey to getting BIGGER, together. When a college acquaintance suddenly dies, the group is forced to take a deeper look at their messy lives, while asking themselves – is this it or is there something bigger and better?
Bob ? Abishola – From award-winning creator, executive producer and writer Chuck Lorre, Bob ? Abishola is a love story about a middle-aged compression sock businessman from Detroit (Billy Gardell) who unexpectedly falls for his cardiac nurse, a Nigerian immigrant (Folake Olowofoyeku), while recovering from a heart attack and sets his sights on winning her over.
First Wives Club – Hit BET+ original series First Wives Club, from Paramount Television Studios, follows best friends Ari, Hazel and Bree as they reunite to help each other through rough patches in their lives. Tired of always being the ones to make sacrifices, they vow to prioritize their friendship and have more fun. Along the way, the women learn that as long as they have each other, there's nothing they can't do. In season two, Ari, Hazel and Bree will continue to find strength in their sisterhood.
Ghosts – Stars Rose McIver and Utkarsh Ambudkar in a distinctive new comedy about a cheerful freelance journalist and an up-and-coming chef from the city who throw both caution and money to the wind when they decide to convert a huge, rundown country estate they inherited into a bed & breakfast, only to find it’s inhabited by the many spirits of deceased residents who now call it home. Based on the critically acclaimed BBC series.
Guilty Party – Starring Kate Beckinsale as Beth, a discredited journalist desperate to salvage her career by latching on to the story of a young mother sentenced to life in prison for maiming and murdering her husband — crimes she claims she didn’t commit. In trying to uncover the truth, Beth finds herself in over her head as she contends with Colorado gun smugglers, clickbait culture, the doldrums of marriage and her own tarnished past.
iCarly – The new season picks up nearly 10 years after the original show ended, and finds Carly Shay, the original influencer, and her friends navigating work, love and their family in their twenties. Returning original series stars Miranda Cosgrove (Carly), Jerry Trainor (Spencer) and Nathan Kress (Freddie) are joined by newcomers Laci Mosley (Harper) and Jaidyn Triplett (Millicent).
Smallwood – Based on professional bowler Tom Smallwood’s life, stars Pete Holmes and Chi McBride in a new comedy about a stoic Midwest husband and dad who gets laid off from a car assembly line and makes the extraordinary decision to provide for his family by following his dream of becoming a professional bowler.
The Game – Relocating from San Diego to Sin City, the revival returns with a mix of original cast and new players to offer a modern-day examination of Black culture through the prism of pro football. The team will tackle racism, sexism, classism and more as they fight for fame, fortune, respect and love—all while trying to maintain their souls as they each play "The Game."
The Harper House – The adult animated comedy series created by Brad Neely follows an overconfident female head of a household as she struggles to regain a higher status for herself and for her family of oddballs, after losing her job and moving from the rich side to the poor side of an Arkansas small town. To save money, they’ve moved into their inherited Victorian fixer-upper, the historic Harper House.
The Neighborhood – Stars Cedric the Entertainer and Max Greenfield in a comedy about what happens when the friendliest guy in the Midwest moves his family to a neighborhood in Los Angeles where not everyone looks like him or appreciates his extreme neighborliness.
Twenties – Ranked as the #1 new comedy series on cable for African Americans P18-49 in 2020, and premiered to critical acclaim with its first-time portrayal of a masculine-presenting Queer woman of color as the lead in a primetime show. The scripted series created and written by Lena Waithe and Hillman Grad Productions stars a queer black girl who is chasing her dreams of being a screenwriter in Los Angeles alongside her two best friends, Marie and Nia. While they live separate lives, the girls lean on each other for guidance as they navigate their twenties and test the limits of diversity, love and inclusion.
Tyler Perry’s Assisted Living – In season two of comedy series Tyler Perry’s Assisted Living, Mr. Brown, Cora and the gang open their assisted living facility, and a hilarious variety of personalities come to live in the home, bringing with them a ton of laughs and experiences. Tyler Perry’s Assisted Living is the #1 new scripted series for African Americans P18-49, P25-54 and P2+ on cable for broadcast season 20-21.
Tyler Perry’s House of Payne – The eighth season of the hilarious comedy features retired fire chief Curtis Payne and his lovely wife Ella. Together, the loving couple navigates the problems of life with their quirky modern-day family. Tyler Perry’s House of Payne is the #1 comedy series on cable for African Americans P2+ on Cable in the calendar year 2020.
United States of Al – Stars Adhir Kalyan and Parker Young in a comedy about the friendship between Riley (Young), a Marine combat veteran struggling to readjust to civilian life in Ohio, and Awalmir (“Al”) Kalyan, the interpreter who served with his unit in Afghanistan, and has just arrived to start a new life in America.
Younger – Darren Star’s critically acclaimed smash-hit, Younger, follows Liza Miller (Sutton Foster), a talented editor navigating the highly competitive world of publishing, while juggling the complications of mixing business with pleasure, and facing the lie she created about her age to land her dream job.
Young Sheldon – For young Sheldon Cooper, it isn’t easy growing up in East Texas. Being a once-in-a-generation mind capable of advanced mathematics and science isn’t always helpful in a land where church and football are king. And while the vulnerable, gifted and somewhat naïve Sheldon deals with the world, his very normal family must find a way to deal with him.
Reality
Amazing Race – A multiple Emmy® Award-winning reality series hosted by Emmy® Award-nominated host Phil Keoghan, where teams of two embark on a trek around the world and compete in a series of challenges at different destinations. Teams who fall the farthest behind are gradually eliminated, with the first team to arrive at the final destination winning The Amazing Race and the $1 million prize.
Behind the Music – The groundbreaking and prolific music documentary series returns with several new episodes and the best of the vault remastered and updated for today’s audiences, with artist interviews, a creative refresh and reimagined visual style.
Big Brother – Follows a group of people living together in a house outfitted with 94 HD cameras and 113 microphones, recording their every move 24 hours a day. Each week, someone will be voted out of the house, with the last remaining houseguest receiving the grand prize.
Come Dance with Me – Exceptionally talented young dancers from across the country invite one inspirational (and untrained) family member, or other adult who has supported their dance dreams, to become their dance partner for a chance to strut their stuff for a grand prize. Hosted by Philip Lawrence with judges Jenna Dewan, Tricia Miranda and Dexter Mayfield.
Infamy: When Fame Turns Deadly – In this groundbreaking new true crime series, GRAMMY® Award-winning singer, songwriter and actress Monica, who knows firsthand what being in the spotlight can bring, explores celebrity cases where notoriety and fame turn fatal. Each episode unravels the mystery and the motives behind the crimes, revealing a dark side to being in the public eye when betrayal, jealousy and greed lead to tragedy.
Jersey Shore Family Vacation – Last trip brought the family back together following the infamous bridesmaids’ speech, and now, once again, the roommates are packing up and inviting their friends, family and loved ones for a Jersey-style family vacation. Between engagements, birthdays and gender reveals, there’s plenty to celebrate on this trip.
Kids Say the Darndest Things – Tiffany Haddish hosts the reimagined variety show where she showcases her unparalleled comedic talents, her singular voice, humor and life perspective to interact with real kids from across the country in an honest, unpredictable and hilarious way.
RuPaul’s Drag Race All Stars – Premiering on Paramount+ for the first time, the highly anticipated new season is bringing back thirteen fabulous queens to vie for a spot in the “Drag Race Hall of Fame” and a cash prize of $100,000.
RuPaul’s Drag Race – The Emmy® Award-winning competition series hosted by five-time Emmy® Award-winning Host and Executive Producer RuPaul, brings together fabulous queens as they vie for the title of “America’s Next Drag Superstar” and a cash prize of $100,000.
Survivor – The groundbreaking reality series hosted by Jeff Probst challenges a group of castaways to compete against each other under difficult circumstances while sharing the same ultimate goal: to outwit, outplay and outlast in order to be named Sole Survivor and win the $1 million prize.
Texas 6 – Emmy® Award-nominated docuseries following the Greyhounds, a high school 6-man football team under the direction of Coach Dewaine Lee, as they strive to win the 6-Man Football State Championship. While football remains the spine of Strawn, TEXAS 6 ultimately depicts the spirit of a small town and a team that shows up for one another on and off the field.
The Hills: New Beginnings – After a year of lockdowns and lost time, the cast of Hollywood’s most iconic friend group is reuniting. This season finds them at a crossroads and their lives tested like never before. While some struggle with the financial strains from the global pandemic and rebuilding businesses, others are navigating through rocky relationships, struggling with addiction as well as their mental and physical health. From a highly-publicized divorce and rekindling former flames to starting new families and surprise pregnancies, all bets are off this season. Joined by a new Hollywood “it” girl on the scene and a long-awaited reunion with a former castmate, the group is writing their newest chapter once again.
Tough as Nails – A competition series that celebrates everyday Americans who consider the calluses on their hands a badge of honor, hosted by Phil Keoghan.
Yo! MTV Raps – MTV is bringing back its most storied hip-hop series and music franchise for Paramount+. Its return will include hosted segments, live performances, cyphers and lifestyle content, and will serve as a comprehensive deep dive into the current state of hip-hop. After its debut 33 years ago on August 6, 1988, Yo! MTV Raps became the premiere destination for all things hip-hop. The advent of the series was crucial to the rise of rap music worldwide, creating a global passion for the genre and greater hip-hop culture, which has since become the most dominant force in mainstream music and pop culture worldwide.
1000 Years of Slavery – This four-hour series follows celebrities and activists on personal journeys of discovery to confront the horrific legacy of slavery and its impact on the world.
Kids and Family
Baby Shark’s Big Show! – Based on the world-famous pop culture phenomenon, the recently launched original series already ranks as the #2 preschool show on all of television, second only to PAW Patrol. The series centers on title character Baby Shark and his best friend William as they journey on fun-filled, musical and comedic adventures. Baby Shark’s Big Show! is co-produced by Nickelodeon Animation Studio and SmartStudy, the global entertainment company behind the beloved children’s brand Pinkfong.
Big Nate (Premieres September 2021 on Nickelodeon) – Based on author/cartoonist Lincoln Peirce’s best-selling children’s book series, which has sold more than 20-million copies and spent more than 150 weeks on the New York Times Best Sellers list, Big Nate is a brand-new TV series featuring the known and loved cast of characters in all-new storylines, still centered on Nate, a precocious 11-year-old boy whose shenanigans usually result in disaster, detention, or both.
Blue’s Clues & You! – A remake of the landmark, curriculum-driven interactive preschool series Blue’s Clues, has a new generation of preschoolers searching for clues with beloved puppy Blue and new live-action host Josh. The series features new CG-animation for Blue and Magenta, brand-new elements and refreshed iconic items from the original series, including an updated Handy Dandy Notebook equipped with smartphone technology, and the return of fan-favorite characters. Currently in its second season, Blue’s Clues & You! airs weekdays on Nickelodeon.
Middlemost Post (Premieres July 2021 on Nickelodeon) – In the tradition of Nickelodeon’s commitment to original creator-driven animation, Middlemost Post plunges viewers into an entirely unique world of quirky characters, hilarious adventures and stories of unwavering friendship. From the mind of veteran SpongeBob SquarePants storyboard artist John Trabbic III, this 2D-animated series follows Parker, a former rain cloud; Angus, a brawny mailman; and Russell, their magical pet walrus, as they deliver packages to the unusual inhabitants of Mount Middlemost.
Rugrats (Premieres May 27 on Paramount+) – This brand-new, CG-animated reimagining of Nickelodeon’s iconic ‘90s hit reunites members of the original voice cast and follows the iconic crew of toddlers – Tommy Pickles, Chuckie Finster, Angelica Pickles, Susie Carmichael, and twins Phil and Lil DeVille – throughout their day-to-day lives that become high-stakes adventures in their imaginations.
That Girl Lay Lay (Working Title; Premieres Summer 2021 on Nickelodeon) – Teen sensation and hip-hop artist Alaya “That Girl Lay Lay” High stars in this new comedy series as Lay Lay, an avatar from a personal affirmation app that magically comes to life. The series follows Lay Lay and her best friend Sadie as they navigate life as teenagers and discover who they truly are. That Girl Lay Lay is produced by Will Packer Media (Little, Girls Trip, Ride Along, What Men Want), with Will Packer serving as executive producer.
The Barbarian and the Troll – This all-new live-action puppet comedy series follows Evan, a bridge troll in search of adventure, and Brendar, a fierce female warrior on a quest to defeat the evil demon who has imprisoned her brother. Co-created and executive produced by Mike Mitchell (Trolls, The Lego Movie II: The Second Part) and Drew Massey (Mutt & Stuff, Sid the Science Kid), The Barbarian and the Troll is, as AV Club cites, “...fun, witty, charming, and can be enjoyed by kids, parents and – frankly – adults who have absolutely no intention of having kids ever.”
The Smurfs TV Series (Premieres October 2021 on Nickelodeon) – Based on the globally iconic franchise, and in partnership with LAFIG Belgium and IMPS, The Smurfs is a brand-new original CG-animated TV series following Papa Smurf, Smurfette, Brainy, Hefty, Clumsy and others on a new set of adventures packed with humor, heart and high-stakes action.
The Universe of SpongeBob SquarePants – Nickelodeon has expansive content plans for its major franchises, led by one of the company’s largest global properties, the top-rated SpongeBob SquarePants. Following its first-ever spin-off, Kamp Koral: SpongeBob’s Under Years, an original CG-animated series which successfully launched on Paramount+ in March, the franchise is readying its next series with the July premiere of The Patrick Star Show on Nickelodeon. The Patrick Star Show is a family sitcom starring Patrick (Bill Fagerbakke) and his relatives, who come together to navigate the constant comedic disruptions caused by Patrick’s wild whims and surreal imagination. The 2D-animated series offers a deeper dive into the beloved best friend’s life, with all the comedy and patented ‘Patrick-isms’ that have made the character an iconic part of the SpongeBob SquarePants Universe.
Late Night and Daytime
CBS Daytime – The #1 daypart for 35 consecutive seasons features the top program and longest-running game show, The Price is Right hosted by Drew Carey; Let’s Make A Deal, hosted by Wayne Brady; the top daytime drama, The Young and The Restless; the most-watched U.S.-produced daytime drama series in the world, The Bold and The Beautiful; and the daily talk show The Talk hosted by Sheryl Underwood, Carrie Ann Inaba, Amanda Kloots and Elaine Welteroth.
The Daily Show with Trevor Noah – Comedy Central’s tentpole late-night franchise brings insightful humor to the day’s top headlines, providing coverage of and catharsis from daily events through a sharp, incisive lens. Noah’s coverage is deepened by his team of Correspondents and Contributors. The Daily Show with Trevor Noah airs weeknights at 11:00pm ET/PT on Comedy Central and is available the following morning on Paramount+, the streaming service from ViacomCBS.
The Late Late Show with James Corden – Each weeknight, James Corden invites the audience to join in on the fun, as the Emmy® Award-winning The Late Late Show with James Corden features a mix of celebrity guests, musical acts, games and sketches.
The Late Show with Stephen Colbert – Stephen Colbert brings his signature satire and comedy to The Late Show with Stephen Colbert, the #1 show in late night, where he talks with an eclectic mix of guests about what is new and relevant in the worlds of politics, entertainment, business, music, technology and more.
Unt. Charlamagne Tha God Project – Lenard “Charlamagne Tha God” McKelvey hosts a weekly, topical show on Comedy Central that gives his unfiltered take on relevant issues that are permeating within politics and culture. Unapologetically Black, nothing is off limits.
Specials and Events
BET Awards – The biggest night in culture will celebrate the brightest stars across music, television, film, sports and social impact. The 2020 BET Awards broke ground as the first official award show to move forward during the COVID-19 pandemic, and claimed the top spot as the #1 Cable Awards Show among P18-49 for the 2020 broadcast season for the sixth consecutive calendar year (2015-2020).
CMT Music Awards – Hosted by superstars Kelsea Ballerini and Kane Brown, country music’s only entirely fan-voted award show will celebrate music’s hottest stars, delivering two-and-a-half hours of nonstop performances and one-of-a-kind collaborations in and around Music City on June 9.
The DAYTIME EMMY® Awards – Honors the best in daytime television and is produced by the National Academy of Television Arts & Sciences (NATAS) and Associated Television International (ATI).
The EMMY® Awards – Presented by the Television Academy, celebrates achievements in various sectors of the television industry.
Hip Hop Awards – The annual celebration pays homage to a culture that changed the world while highlighting the best in hip-hop music. Year after year, BET Networks delivers the best in hip-hop for an unforgettable night of performances, cyphers and tributes honoring hip-hop legends that have and continue to make hip-hop culture a global force.
MTV Video Music Awards – The MTV Video Music Awards annually delivers the definitive celebration of the year’s best music videos. With unparalleled performances and watershed moments, the telecast provides an open forum for artistry and expression that leaves an indelible mark on culture.
Soul Train Awards – Recognizes the best in Soul, R&B and Hip-Hop from legends to the next generation.
The GRAMMY Awards ® – Presented by the Recording Academy, recognizes exceptional achievements in the music industry.
The TONY® Awards – Presented by the Broadway League and The American Theatre Wing, honors the outstanding shows, performances and artistry of each Broadway season.
Sports
NFL ON CBS – Will present more than 100 games during its 62nd year of coverage of the NFL with the Network's strongest schedule and more Sunday afternoon games than ever before. Home to the AFC and many of the NFL's best young quarterbacks, the 2021 slate features 10 national doubleheader windows in the NFL's most-watched slot at 4:25 PM ET; the annual Thanksgiving showdown in Dallas; appearances from marquee NFC teams; and four playoff games, including the AFC Championship. Jim Nantz, Tony Romo, and Tracy Wolfson are the NFL ON CBS' lead announce team.
CBS Sports Soccer – CBS Sports and Paramount+ have quickly become a leading destination for U.S. soccer fans, featuring multi-platform coverage of more than 1,400 live matches each year across an extensive portfolio of soccer properties, including UEFA club competitions; NWSL; Concacaf national team competitions (Men’s World Cup Qualifiers, Women’s World Cup Qualifiers, Men’s Nations League and Women’s Nations League); Italy's Serie A; Argentina's Liga Profesional de Fútbol; and Brazil's Campeonato Brasileirão Série A.
GOLF ON CBS – CBS Sports has established CBS as the preeminent network for golf coverage, showcasing the biggest events and brightest stars in the sport on a weekly basis for a total of 20 events. The PGA TOUR ON CBS is the lead broadcast partner for the PGA TOUR. CBS Sports also serves as the broadcast home for two Major Championships, annually presenting THE MASTERS - the longest-running sporting event broadcast on one network and annually the most-watched golf tournament of the entire season - and the PGA CHAMPIONSHIP, this week for the 31st consecutive year.
NCAA Men’s Basketball and March Madness – CBS Sports enters its 41st consecutive season broadcasting men's college basketball with coverage featuring top conferences, marquee teams, rivalry games and Conference Championships, including the Big Ten Championship. CBS will also broadcast the NCAA Division I Men’s Basketball Championship for the 40th time, including a partnership since 2011 with Turner Sports.
SEC ON CBS – CBS Sports’ college football Saturday showcase is home to the SEC ON CBS, providing national coverage of the Southeastern Conference and the SEC Game of the Week. The schedule, which features the most-watched college football television package, has the majority of its games in the traditional 3:30 PM ET time slot, and is highlighted annually with a primetime game and the SEC Championship. Brad Nessler, Gary Danielson and Jamie Erdahl are CBS Sports’ lead college football announce team.
News
CBS Sunday Morning – Anchored by Jane Pauley, CBS Sunday Morning is America’s #1 Sunday morning news program, featuring award-winning reporting on the arts, music, nature, entertainment, sports, history, science, Americana, and highlighting unique human accomplishments and achievements.
CBS This Morning – Each weekday morning, Gayle King, Anthony Mason and Tony Dokoupil deliver two hours of original reporting, breaking news and top-level newsmaker interviews in an engaging and informative format that challenges the norm in network morning news programs.
CBS This Morning: Saturday – Hosted by Jeff Glor, Michelle Miller and Dana Jacobson, CBS This Morning: Saturday presents a mix of stories and coverage of national and global news, as well as featured interviews with celebrated chefs, authors, celebrities and musicians.
CBS Weekend News – Anchored by Adriana Diaz and Jericka Duncan, CBS Weekend News is a national broadcast featuring the latest headlines, original reporting and in-depth pieces that add context and perspective to the world’s events.
Evening News with Norah O’Donnell – Anchor and Managing Editor Norah O’Donnell leads CBS News’ flagship evening news broadcast featuring breaking news reports, feature stories and interviews by CBS News correspondents and reporters covering events across the world.
Face the Nation – In this interview and discussion broadcast, with the topics determined by news events of the week, Margaret Brennan interviews principal newsmaker guests. The program broadcasts from Washington, D.C. and features a roundtable discussion.
48 Hours – One of the most successful true crime docuseries in television history. Human drama at its most gripping – covering the crimes that stop your heart and test your conscience. The determined justice seekers versus the criminals who believe they are above the law. 48 Hours is an award-winning franchise that taps into our endless fascination with murder mysteries.
60 Minutes – The most influential program on television is still the #1 primetime news broadcast. With unparalleled reporting, 160 Emmy® Awards and a steady presence among Nielsen’s Top five programs – including as its #1 weekly broadcast among all programs five times last season – 60 Minutes has never been stronger.
About ViacomCBS
ViacomCBS Inc. (NASDAQ: VIAC; VIACA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, SHOWTIME, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV, among others. The company delivers the largest share of the television audience in the United States and one of the industry’s most extensive libraries of television and film titles. In addition to offering innovative streaming services and digital video products, ViacomCBS provides powerful capabilities in production, distribution and advertising solutions.
For more information about ViacomCBS, please visit www.viacomcbs.com and follow @ViacomCBS on social platforms.
VIAC-IR
Contacts
Karen Shosfy
karen.shosfy@viacomcbs.com
Bridget Darcey
bridget.darcey@viacomcbs.com
* * $VIAC Video Chart 05-18-2021 * *
Link to Video - click here to watch the technical chart video
Agreed.. jump the 200
i would like to see it break $45 to confirm bottom is in
Looking good here today $VIAC #LONG
In Rusian accent...Pay Me
VIAC finally getting some love today
everyone is loading VIAC!! i keep buying on these dips
must be a lot of unwinding, thus the narrow range now.
Apaloosa has $125,000,000 stake in VIAC
Dan Niles--favorite stock
ViacomCBS Scales Audio Footprint to Fuel Fandom and Extend Iconic Franchises at IAB Podcast Upfront
May 13 2021 - 02:25PM
Business Wire
New and expanded partnership with iHeartMedia for Nickelodeon-produced podcasts based on animated series Avatar: The Last Airbender and SpongeBob SquarePants
Over 20 podcasts to premiere in 2021, including all-new and returning favorites from Awesomeness, BET, CBS News, CBS Studios, CBS Sports, Comedy Central, Nickelodeon, Noggin, MTV Entertainment Group, Paramount Network, and SHOWTIME® Sports
ViacomCBS today announced an expanded podcast footprint, featuring brand-new and returning hit series that build on beloved franchises and iconic IP from Awesomeness, BET, CBS News, CBS Studios, CBS Sports, Comedy Central, Nickelodeon, Noggin, MTV Entertainment Group, Paramount Network and SHOWTIME Sports. This robust slate will super serve consumers across comedy, news, true crime, sports, kids, entertainment, and music, reinforcing the company’s strategy to create premium content and experiences for audiences worldwide.
Since unveiling the company’s unified podcast slate at the IAB’s Podcast Upfront in September 2020, ViacomCBS has seen a nearly 14% increase in downloads year-over-year and is on track to produce over 120 shows, including more than 20 podcast premieres, this year alone.
“ViacomCBS is thrilled to return to the Podcast Upfront following a year of remarkable momentum and growth in the digital audio space,” said Steve Raizes, Senior Vice President, ViacomCBS Podcasts. “Honoring the quality and value of the company’s world-renowned content, this enhanced podcast slate will offer an organic pipeline for advertising partners to reach diverse audiences in a premium environment at scale.”
ViacomCBS also introduced a new and expanded partnership with iHeartMedia, where Nickelodeon will exclusively create podcasts from two of the brand's most cherished franchises: Avatar: The Last Airbender and The Legend of Korra and SpongeBob SquarePants. Additionally, ViacomCBS announced BET’s podcasting initiatives, emphasizing the massive demand for content from leading Black creators and reflecting the tremendous relevance, influence, and popularity of Black culture across the general entertainment ecosystem. BET will develop podcasts that will serve as a natural extension of the brand’s concerted investment in digital content.
Podcast titles from the upcoming slate include:
CBS News
CBS Eye on Money with Jill Schlesinger – host Jill Schlesinger, CFP®, tackles sometimes uncomfortable and even controversial money and investing issues without the financial jargon to get to the heart of what’s important for anyone to know. Jill takes listener phone calls and interviews informative and entertaining guests each week to uncover surprising insights and provide actionable information so listeners can make the most of their money from CBS News.
She Makes the Rules – a podcast about rule-makers, record-setters, and rebel women who’d rather boss up than back down. They do not back down, they’re never intimidated, they’re never afraid to speak truth to power. When something isn’t right, they take a stand. Join CBS News as we take a look at some of the key women that have been Rule-makers and Rule-breakers.
Risking it All – most of us don’t experience heart-stopping, adrenaline-pumping, high-stakes risks in our daily lives. But what if your job was all about taking those kinds of risks? That’s precisely what Dr. Sandra Magnus, a former NASA astronaut, and retired Navy Admiral James “Sandy” Winnefeld explore in their weekly podcast, Risking It All. Listen to conversations with professional risk-takers, including a deep-sea diver, a heart surgeon, an NFL quarterback, a secret agent, and more. Get a behind-the-scenes look at how these pros live life on the edge.
MTV Entertainment Group
Behind the Music (MTV) – the legendary series Behind the Music is expanding to audio with a companion podcast to the Paramount+ series, featuring career-spanning stories told by your favorite artists.
Beyond the Scenes from The Daily Show with Trevor Noah (Comedy Central) – host and The Daily Show with Trevor Noah correspondent Roy Wood Jr. gives listeners an inside look into how producers and writers of the Emmy®-winning series use comedy to tackle a variety of complex topics – from racial injustice to sex robots – and where these issues stand today. Beyond the Scenes features a rotating cast of The Daily Show correspondents including Ronny Chieng, Jordan Klepper, Michael Kosta, Desi Lydic, and Dulcé Sloan.
Wild ‘N Out (VH1) – one of the most social series in the world, Wild ’N Out will continue to combine hip hop and improv comedy, but now for your ears.
Yellowstone (Paramount Network) – the most watched cable show of 2020 debuts a companion podcast that gives fans exclusive cast interviews and behind-the-scenes glimpse into the gritty, modern-West community and culture behind the megahit – Yellowstone.
Nickelodeon
Avatar: Braving the Elements (40 episodes, premieres Tuesday, June 22, 2021) – enter the amazing world of Avatar through the official companion podcast from Nickelodeon. Join hosts Janet Varney (the voice of Korra) and Dante Basco (the voice of Prince Zuko) each week as they re-watch every episode of Avatar: The Last Airbender and break down key themes, notable battles, and behind-the-scenes trivia. Special guests from cast members to producers join them to explore elements of the Avatarverse, including the origins of the story and how Avatar was brought to life.
SpongeBob BingePants (40 episodes, premieres later this year) – hosted by super-fans Frankie Grande (Henry Danger) and Hector Navarro (Geek & Sundry), the official SpongeBob SquarePants re-watch podcast dives down to Bikini Bottom for a recap of every episode, hilarious conversations, and never-before-heard secrets about everyone’s favorite optimistic sea sponge.
Other show updates include the recent launch of Fantasy Baseball Today in 5 and a new sports-centric podcast from “SHOWTIME Basketball” is coming soon.
Renewed fan-favorites include: Twin My Heart The Podcast and Daily Report from Awesomeness; My Life of Crime with Erin Moriarty, The Debrief with Major Garrett, and The Takeout from CBS News; Star Trek: The Pod Directive from CBS Studios; All Things Covered with Patrick Peterson and Bryant McFadden, Nothing Personal with David Samson and Fantasy Football Today from CBS Sports; MTV’s Official Challenge Podcast from MTV and Catfish: The Podcast from MTV in partnership with Wondery; Meet the Alpha Beats from Noggin; and Morning Kombat with Luke Thomas and Brian Campbell from SHOWTIME in partnership with CBS Sports among others.
About ViacomCBS:
ViacomCBS (NASDAQ: VIAC; VIACA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. The company delivers the largest share of the U.S. television audience and boasts one of the industry’s most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, ViacomCBS provides powerful capabilities in production, distribution and advertising solutions for partners on five continents.
For more information about ViacomCBS, please visit www.viacomcbs.com and follow @ViacomCBS on social platforms.
VIAC-IR
View source version on businesswire.com: https://www.businesswire.com/news/home/20210513005699/en/
Media Contact:
Casey Moynagh, casey.moynagh@viacomcbs.com
I totally agree with you on that assessment. VIAC is really "sold out" and there is a balance in the demand and the supply. But the supply will, IMO, be worked off soon and ANY positive news will bring VIAC back to $45.
The tentative recent target prices with new research analysts are a set up to be raised as it appreciates to $45. Rather than issuing an initial report with a $55 or $60 price target.
BTW--here is the updated short interest (as of April 30)
04/30/2021 52,245,174 shares short
Dan Niles says VIAC is their largest position. i actually agree with him on many things
well, now we know the downside risk for VIAC is very minimal now.
holding $38 with all the nice selling in NASDAQ and DOW likely means VIAC has bottomed from its ugly but deserved fall from $100
VIACOM raised to Outperform
May 10, 2021 09:46 AM ET (BZ Newswire) -- News
Barrington Research analyst James Goss upgrades ViacomCBS (NASDAQ:VIAC) from Market Perform to Outperform and announces $50 price target.
$VIAC vs. NFLX : (UPDATED as of 5/8/2021)
Technicals can be useful BUT Fundamentals are ESSENTIAL :
1. Dividend: VIAC = $.96 vs. NFLX = $0 (NONE)
2. Marketcap: VIAC = $24.2 BILLION vs. NFLX= $223.4 BILLION
3. P/E (Price Earnings): VIAC = 9.72 vs. NFLX = 62.45
4. Revenue : VIAC = $26.03 BILLION vs. NFLX= $26.4 BILLION
5. Debt to Equity : VIAC = 92.78 vs. NFLX = 120.7
6. SPS (Sales Per Share) : VIAC = 42.30 vs NFLX = 59.52
7. PS (Price Sales) : VIAC = .92 vs NFLX = 9.68
So which stock has the most value for an investment and which
one is actually making "BANK" ? VIAC hands down ...
These numbers are real : See for yourself - cnbc.com/quotes/NFLX...
cnbc.com/quotes/VIAC...
... JMHO
Good approach. I don’t think it should take that long, but maybe by June. Nobody knows how many shares still need to be sold is the issue, and any pop in price is being used as an excuse to dump shares.
Once all of this trouble is behind it, I still think that VIAC is a $70 stock. So if you’re patient, I think your approach of averaging in is the best.
I have been averaging into VIAC. It may take another quarter or two of financial filings, but there will be more analyst reports shifting their estimates to the upside and their target price. Pluto TV is really coming on strong.
Morgan Stanley still shopping large blocks of shares though. When the selling finally ends this will go back up, but while they continue to dump tens of millions of shares onto the market...it just can’t.
Even today once the price peaked. Dozens and dozens of 2000 share sells slapped the bid.
Still waiting for it to end.
ViacomCBS wraps day with solid gain as analysts weigh streaming, legacy business
May 07, 2021
ViacomCBS gained from the open to finish the day solidly higher (VIAC +3.3%, VIACA +1.7%) as analysts offered takes on the company's first-quarter earnings beat.
The report brought upgrades from Wells Fargo and RBC.
Also, staying bullish on the shares is Guggenheim's Michael Morris, who believes that a new ad-supported tier on Paramount Plus will help open up a new target audience while also driving ad inventory for EyeQ. He does says that an anticipated revenue bump from free user conversion is set to be spent on increased investment in Q2.
A sum-of-the-parts analysts leads him to $57 price target, implying 45% upside to be had.
Staying at Market Perform is Barrington Research, which praises a compelling offering in Paramount Plus, but notes that incremental profit from championship style events trends small.
And bearish KeyBanc actually shaved its price target a bit, to $34 (vs. today's close of $39.39). Stripping out the benefits of those championships gives a view of the legacy declines across the business, analyst Brandon Nispel says, and affiliate rate increases are unsustainable. He's also no big fan of Paramount Plus, due to the lack of appealing content and poor churn dynamics.
* * $VIAC Video Chart 05-07-2021 * *
Link to Video - click here to watch the technical chart video
Honestly think this will run to $70+ sometime this year, but the hedge funds are going to drive it down for awhile first. It's not like this game is fair or anything close.
a bit surprised by the price action as well, but i think VIAC is fairly valued at $35-$39
It is puzzling. I have to say though, this past couple of weeks with CNBC pumping them, and upgrade after upgrade. I felt like they were trying to sell me the stock, generating buyers while continuing to sell themselves.
Out for now, but I've got this on the radar for reentry when the PPS stabilizes, and these morning selling blocks stop occurring.
I believe that there are too many hedge funds using this opportunity to sell the position. Too many good things in this report to go lower.
jmo
VIACOMCBS REPORTS Q1 2021
EARNINGS RESULTS
? Drove Robust Global Streaming Revenue Growth, up 65% Year-Over-Year, Fueled by Strong Increases in Users
and Product Monetization
? Added 6M Global Streaming Subscribers to Reach 36M Total Streaming Subscribers in the Quarter, and
Increased Global Pluto TV MAUs by 6M to Reach Nearly 50M Global MAUs
? Delivered 69% Year-Over-Year Growth in Streaming Subscription Revenue, Driven by the Significant
Momentum of Paramount+
? Generated 62% Year-Over-Year Growth in Streaming Advertising Revenue, Reflecting the Continued
Domestic Growth and International Expansion of Pluto TV
? Increased Advertising Revenue 21% Year-Over-Year and Affiliate Revenue 5% Year-Over-Year, Both Exclude
Streaming Revenue
? Achieved Strong Total Company Growth in Revenue, Operating Income, Adjusted OIBDA, as well as Reported
and Adjusted Diluted Earnings Per Shar
VIAC kills it! Huge earnings beat!
ViacomCBS EPS beats by $0.30, beats on revenue
Stocks mentioned: VIAC
ViacomCBS (NASDAQ:VIAC): Q1 Non-GAAP EPS of $1.52 beats by $0.30; GAAP EPS of $1.42 beats by $0.21.
Revenue of $7.41B (+14.0% Y/Y) beats by $130M.
Adjusted OIBDA of $1.63B vs. consensus of $1.37B.
Added 6M global streaming subscribers to reach 36M total and increased global Pluto TV MAUs by 6M to reach nearly 50M global MAUs.
Delivered 69% Y/Y growth in streaming subscription.
Generated 62% Y/Y Growth in streaming advertising.
Shares +0.3% PM.
Over the last 3 months, EPS estimates have seen 10 upward revisions and 3 downward. Revenue estimates have seen 6 upward revisions and 5 downward.
ViacomCBS Q1 2021 Earnings Preview
May 05, 2021
By: Shweta Agarwal, SA News Editor
ViacomCBS (NASDAQ:VIAC) is scheduled to announce Q1 earnings results on Thursday, May 6th, before market open.
The consensus EPS Estimate is $1.20 (+6.2% Y/Y) and the consensus Revenue Estimate is $7.27B (+9.0% Y/Y).
Analysts expect OIBDA of $1.37B and free cash flow of $201.5M.
Over the last 2 years, VIAC has beaten EPS estimates 88% of the time and has beaten revenue estimates 50% of the time.
Over the last 3 months, EPS estimates have seen 10 upward revisions and 3 downward. Revenue estimates have seen 6 upward revisions and 5 downward.
Time for a reverse
Loaded for earnings ! $VIAC
From ChartMill.com : VIAC
When comparing the growth rate of the last 5 years to the growth rate of the upcoming 2 years, we see that the growth is accelerating.
The Revenue has been growing by 14.82% on average over the past 5 years. This is quite good.
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