Paramount Global (PARA)

[JohnSamuel]

Tune out the noise ...

https://seekingalpha.com/article/4459413-viacomcbs-stock-great-buy?mail_subject=viac-viacomcbs-tune-out-the-noise-this-is-a-great-buy&utm_campaign=rta-stock-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

[JohnSamuel]

Here is the reason for the small spike ...

Sep 29, 2021 | 01:03 PM EDT DOUG KASS
My Stock of the Year for 2022 (By Far!) Is ViacomCBS $VIAC
* VIAC trades at only $40/share compared to a 'sum of the parts' value of $75/share
* Viacom's operating results in 2022-23 will likely exceed consensus expectations

— Dougie Kass (@DougKass) September 29, 2021

[JohnSamuel]

Second Motley Fool article in 10 days ...

https://www.fool.com/investing/2021/09/21/why-viacomcbs-deserves-apathetic-investors-attenti/

[JohnSamuel]

VIAC P/E is 7.23 as of now ... insane
https://www.cnbc.com/quotes/VIAC?qsearchterm=

[JohnSamuel]

Viacom presents at Bank of America Media ...

https://seekingalpha.com/article/4455201-viacomcbs-inc-viac-management-presents-bank-of-america-securities-2021-media-communications?mail_subject=viac-viacomcbs-inc-viac-management-presents-at-bank-of-america-securities-2021-media-communications-and-entertainment-conference-transcript&utm_campaign=rta-stock-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

[JohnSamuel]

Finally, from the Motley Fool ...

https://www.fool.com/investing/2021/09/12/3-best-stocks-to-buy-in-september/

3 of the Best Stocks to Buy in September
Investing doesn't have to be complicated. Sometimes the very best additions to your portfolio are great investments for simple, obvious reasons.

James Brumley
(TMFjbrumley)
Sep 12, 2021 at 9:30AM
Author Bio

If you're truly long-term-minded, then the potential for a September swoon doesn't deter you. And that may well be for the best. Although this is supposed to be a tough time of year -- this year in particular, in light of the big rally from last year's lows -- stocks still log gains about half the time in September. Moreover, the average monthly loss suffered by the S&P 500 in September is hardly devastating. It's often an entry point into stocks before the usual year-end bullishness, in fact.

Against that backdrop, here's a closer look at three great stocks to buy before the current month comes to a close. Two of the three tickers have been in the red for the past few weeks, for no particularly good reason.

ViacomCBS
ViacomCBS (NASDAQ:VIAC) (NASDAQ:VIAC.A) is one of the two names whose share prices are down for no good reason.

You may recall the drama from March when hedge fund Archegos Capital was forced to sell its sizable stake in ViacomCBS in order to meet a margin call. While the stock was left overly vulnerable to major profit-taking thanks to more than a 700% run-up from last March's low to March's peak, that doesn't make its three-day, 52% sell-off any less painful for those who stepped in near the top. Unfortunately, those investors didn't really learn what was going on until the plunge was nearly over. Only in retrospect did the scope of the selling make sense.

Clock face reading "time to buy."
IMAGE SOURCE: GETTY IMAGES.

The funny thing is, while the steep sell-off was rooted in somewhat artificial bearish pressure and not a reflection of the company's likely future, ViacomCBS shares are still trading right around where they were once that plunge had run its course.

Big mistake. This media company is still firing on all cylinders, particularly as it pertains to streaming. Last quarter's total streaming revenue was up 92% year over year on a combination of subscription fee revenue as well as ad-supported platforms. ViacomCBS now serves 42 million worldwide paying streaming subscribers, and its 52 million fans of free-to-watch PlutoTV more than doubled the company's streaming ad revenue.

The slow demise of cable television may be serving as a headwind for its CBS arm, but the company is clearly answering the call of streaming's growth. As a result, you can plug into this dividend-paying stock while it's priced at only 10 times next year's expected earnings.

Caesars Entertainment
It would be easy to doubt resort and casino operator Caesars Entertainment (NASDAQ:CZR) has a particularly bright foreseeable future. The delta variant of the COVID-19 virus is starting to stifle tourism again. In light of strained trade relations and a sweeping regulatory crackdown on many of the country's companies, China's Macau gambling enclave brings more risk than reward to the table at this time.

There's a reason, however, that shares of Caesars are holding up under rather difficult circumstances. The company is quickly positioning itself as a centerpiece of the legal sports betting market. It's recently inked deals with the NFL's Baltimore Ravens and Houston Texans that make Caesars the exclusive, official gaming partner with those two teams, and it's also entered into a partnership with Genius Sports that connects Caesars' sportsbook with Genius Sports' professional sports content.

And that's just a smattering of the sports-minded dealmaking that's been underway of late. The New Orleans Saints' football stadium is now called Caesars Superdome. The Fiesta Bowl is teaming up with Caesars to pioneer a new type of betting and fantasy gaming platform, focused on a college football bowl game.

It doesn't take a great deal of reading between the lines to realize Caesars Entertainment is making a play for the sports betting market, as it should. Technavio estimates the global legal sports betting market will grow at nearly 10% per year through 2024, expanding by $134 billion over the course of that four-year stretch. Caesars Entertainment can handle a couple of bumps in the road -- like a rekindled pandemic -- in the meantime.

A tiny shopping cart, full of goods and packages, stands on the keyboard of a laptop computer.
IMAGE SOURCE: GETTY IMAGES.

Target
Finally, add Target (NYSE:TGT) to your list of top stocks to buy in September following its 8% pullback from last month's highs. These pullbacks tend not to last very long or cut all that deep.

It's a tough name for some investors to get behind. It competes with mega-retailer Walmart on the brick-and-mortar front, and faces off with a dominant Amazon (NASDAQ:AMZN) in the e-commerce arena. Both are tough competitors that strive to prevent rivals from gaining any foothold they can.

There's much to be said for being a smaller, nimbler, more personable player, though, and Target is smartly capitalizing on its unique, size-based opportunities.

Case in point: Target operates around 65 in-store shops dedicated solely to Walt Disney (NYSE:DIS) merchandise but aims to establish 100 more of these areas before the end of this year. The agreement doesn't preclude other retailers from offering much of the same merchandise. It does, however, position Target as a top-of-mind destination for shoppers looking for a specific Disney toy.

That's especially the case now that Walt Disney plans on closing at least 60 of its own retail shops that offer Disney-branded goods. Walmart might struggle to do something similar, and Walt Disney is seemingly disinterested in letting an online platform like Amazon take any real role in its customers' experiences.

Target's more personalized, more curated feel has also allowed the company to build a huge private label business and successfully operate small-format neighborhood stores... a format that vexed other retailers, including Walmart.

The result of all these initiatives is a retailer with surprisingly reliable revenue and earnings growth, even outside of the pandemic's positive effect.

The stock is also a winner, running from less than $60 per share four years ago to the current price near $245 now, although that's still well below the consensus target of $281 per share.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. James Brumley has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Amazon and Walt Disney. The Motley Fool recommends the following options: long January 2022 $1,920 calls on Amazon and short January 2022 $1,940 calls on Amazon. The Motley Fool has a disclosure policy.

[Nebuchadnezzar]

$$$ VIAC $$$



https://schrts.co/VNuIaSuR

[PleaseTheZzs]

Bullish report on VIAC…

https://sportsgrindentertainment.com/wells-fargo-predicts-over-40-rally-for-these-3-strong-buy-stocks/

[JohnSamuel]

Creating more cash for the all important "content" ...

https://seekingalpha.com/news/3733561-viacomcbs-puts-historic-la-stages-up-for-sale?mail_subject=viac-viacomcbs-puts-historic-l-a-stages-up-for-sale&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

[JohnSamuel]

Call of the day ...
https://www.cnbc.com/video/2021/08/18/viacomcbs-shares-jump-on-bullish-call-by-wells-fargo-streaming.html

[PleaseTheZzs]

This really should only the beginning. Obviously the takeover target is a very real possibility but even without it they are “streamlining” (pardon the pun) this company to offer the best of streaming and a studio operation. The stock only tanked earlier in year because a hedge fund collapsed. Nothing material to their business. This company is worth $75 a share on valuation, $90-100 to a suitor easy.

[MADDSTACKER]

Awesome :)

[resx18]

Great Day! $VIAC

[PleaseTheZzs]

This stock is a bargain. Incredible assets, set up for streaming mega boom, beating earnings and obviously the possibility of an Apple or Comcast buying them out. This was a $90 stock 6 months ago. Long and strong on this.

[JohnSamuel]

Nickelodeon’s SpongeBob SquarePants Universe Expands Again, With More Than 50 New Episodes Picked up Across Kamp Koral: SpongeBob’s Under Years, the Patrick Star Show and the Original SpongeBob SquarePants Series
Nickelodeon Orders 13 Additional Episodes of The Patrick Star Show and Adds 13 Episodes to SpongeBob SquarePants Season 13

Paramount+ Renews Kamp Koral: SpongeBob’s Under Years for Season Two, and Adds 13 Episodes to Season One

Share it: @Nickelodeon @SpongeBob @OfficialPatrickStar @NickAnimation @ParamountPlus

August 11, 2021 01:06 PM Eastern Daylight Time
BURBANK, Calif.--(BUSINESS WIRE)--In a move underscoring the power and success of Nickelodeon’s franchises, the network is expanding its SpongeBob SquarePants universe with 52 episodes across the property’s three series. Nickelodeon has greenlit additional episodes of The Patrick Star Show and season 13 of the original SpongeBob SquarePants series and also, Paramount+ has renewed Kamp Koral: SpongeBob’s Under Years for a second season and added additional episodes to season one. Kamp Koral: SpongeBob’s Under Years, The Patrick Star Show and SpongeBob SquarePants, which are all currently in production at the Nickelodeon Animation Studio in Burbank, find the denizens of Bikini Bottom continuing to embark on all-new adventures.

Said Ramsey Naito, President of Nickelodeon Animation, “SpongeBob is the centerpiece of our franchise strategy to expand the worlds of our characters and grow our global reach even further. It’s a property that wins on every platform because the richness of the characters and the comedy intrinsic to the storytelling continue to appeal to so many fans around the world.”

Each of the three series in the SpongeBob SquarePants universe continue to garner sizeable audiences. The Patrick Star Show ranks as the number one animated show across all television with Kids 6-11 year to date. The original SpongeBob SquarePants series remains overall television’s top animated kids’ show, with the SpongeBob SquarePants library on Paramount+ reigning as one of the service’s most-watched titles, as well. Since its March 4 debut, Kamp Koral: SpongeBob’s Under Years has risen to the top as one of Paramount+’s most popular original titles for kids.

The pickup includes the following:

The Patrick Star Show (Season 1, 13 additional episodes, Nickelodeon): The second spinoff of the number-one animated series SpongeBob SquarePants follows a younger Patrick Star living at home with his family, where he hosts his own variety show for the neighborhood from his television-turned-bedroom.
SpongeBob SquarePants (Season 13, 13 additional episodes, Nickelodeon): Nickelodeon’s longest-running animated series continues the nautical adventures of SpongeBob and his Bikini Bottom friends Patrick, Sandy, Mr. Krabs, Plankton and Squidward, which will explore a variety of situations.
Kamp Koral: SpongeBob’s Under Years (Season 1, additional 13 episodes, Season 2, 13 episodes, Paramount+): In the first-ever SpongeBob SquarePants spinoff, the CG-animated prequel follows 10-year-old SpongeBob SquarePants and his pals as they spend their summer building underwater campfires, catching wild jellyfish, and swimming in Lake Yuckymuck at the craziest camp in the kelp forest, Kamp Koral.
Kamp Koral: SpongeBob’s Under Years features Tom Kenny (SpongeBob), Bill Fagerbakke (Patrick), Rodger Bumpass (Squidward), Clancy Brown (Mr. Krabs), Carolyn Lawrence (Sandy) and Mr. Lawrence (Plankton) reprising their iconic roles. Carlos Alazraqui (The Casagrandes) and Kate Higgins (Blaze and the Monster Machines) join as new characters Nobby and Narlene, narwhal siblings who live in the woods surrounding the camp.

The Patrick Star Show brings together Fagerbakke as the young adult Patrick Star alongside cast members: Tom Wilson (Cecil Star), Cree Summer (Bunny Star), Jill Talley (Squidina Star); and Dana Snyder (GrandPat). Additional cast members include Kenny, Bumpass, Lawrence, Brown and Mr. Lawrence, all who continue to voice their famed role.

SpongeBob SquarePants voice cast members include Tom Kenny (SpongeBob SquarePants), Bill Fagerbakke (Patrick Star), Rodger Bumpass (Squidward), Clancy Brown (Mr. Krabs), Carolyn Lawrence (Sandy Cheeks) and Mr. Lawrence (Plankton).

Marc Ceccarelli, Vincent Waller and Jennie Monica are co-executive producers of SpongeBob SquarePants, The Patrick Star Show and Kamp Koral: SpongeBob’s Under Years. All series were developed for television by Claudia Spinelli, SVP of Animation Development, Nickelodeon, with production overseen by Kelley Gardner, Vice President, Current Series, Animation, Nickelodeon.

The greenlights come on the heels of the just launched The Patrick Star Show (July 9, 2021). Along with the Paramount+ original, Kamp Koral: SpongeBob’s Under Years, these series are part of Nickelodeon’s strategy to be the home of the biggest franchises kids and families love, and it expands its growing portfolio of influential properties that already includes SpongeBob SquarePants, PAW Patrol, Teenage Mutant Ninja Turtles, Blue’s Clues & You!, the all-new animated Star Trek: Prodigy series for Paramount+, The Smurfs partnership and Transformers co-production.

Since its launch July 17, 1999, SpongeBob SquarePants has reigned as the number-one animated series on TV for the last 18 years, while generating a universe of beloved characters, pop culture catchphrases and memes, theatrical releases, consumer products, a Tony Award®-winning Broadway musical and a global fan base. SpongeBob SquarePants is the most widely distributed property in ViacomCBS Networks International history, seen in more than 170 countries and territories, translated in 30+ languages, and averaging more than 100 million total viewers every month. SpongeBob SquarePants was created by Stephen Hillenburg and produced by Nickelodeon in Burbank. The character-driven cartoon chronicles the nautical and sometimes nonsensical adventures of SpongeBob, an incurable optimist and earnest sea sponge, and his undersea friends.

Nickelodeon, now in its 42nd year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The brand includes television programming and production in the United States and around the world, plus consumer products, digital, location-based experiences, publishing and feature films. For more information or artwork, visit http://www.nickpress.com. Nickelodeon and all related titles, characters and logos are trademarks of ViacomCBS Inc. (Nasdaq: VIACA, VIAC).



Contacts
Nickelodeon
Katelyn Balach, [e-mail]
Molly Neuhauser, [e-mail]

Paramount+
Nikki Kozel, [e-mail]
Morgan Seal, [e-mail]

[conix]

ViacomCBS waiting for other suitors: sources

By Josh Kosman and Alexandra Steigrad

August 10, 2021

Shari Redstone is hitting pause on any potential partnership talks between her media company ViacomCBS and NBC owner Comcast in hopes of lining up more suitors, The Post has learned.

The billionaire heiress, who serves as chairman of ViacomCBS, has decided to hold off until next year before re-engaging in talks with Comcast’s Brian Roberts, according to two sources close to the situation.

This includes any talks of a merger or a joint domestic venture where Comcast and ViacomCBS could combine their respective streaming services, Peacock and Paramount Plus, according to a source.

Reps for ViacomCBS, Redstone and Comcast declined to comment.


ViacomCBS’s directors had suggested to controlling shareholder Redstone that her business will likely attract multiple suitors if she waits to shop around, sources said. Redstone agreed with the board and the company is focusing on building out its business for the time being, these sources added.

“Board members are speaking to Shari and saying don’t panic,” a source said referring Hollywood’s consolidation frenzy.

It’s been widely reported that Comcast has been eyeing buying Viacom/CBS assets, which includes Nickelodeon and the Paramount Pictures movie studio, as industry consolidation heats up in an effort to compete for streaming subscribers.

According to the Wall Street Journal, Comcast CEO Brian Roberts met with Redstone and ViacomCBS CEO and president Bob Bakish in late June in New York to discuss a potential streaming pact for international markets. Last week, ViacomCBS announced a distribution partnership in Europe between Paramount+ and Comcast’s Sky.

Comcast headquarters
Comcast’s Brian Roberts met with Redstone to discuss a possible merger, insiders said.
Los Angeles Times via Getty Images
A June report from The Journal also that said Roberts was mulling a potential tie-up between his company and ViacomCBS. And in July, Roberts and Redstone were spotted at the Allen & Co. annual media conference, sparking further speculation about a deal.

Comcast’s Roberts has downplayed the idea of a merger, both publicly and behind the scenes. Speaking on CNBC after Comcast’s earnings report in late July he said: “We don’t feel we need to do M&A.”

But sources say that this may be because Roberts knows that a deal between Comcast and ViacomCBS might be easier to get past regulators if Redstone’s media company could first sell CBS.

Federal Communications Commission rules prohibit broadcasters from owning two of the major four networks, in this case NBC and CBS.

One potential buyer of CBS is the media entity that will emerge next year from AT&T’s planned sale of its WarnerMedia unit, behind HBO, Warner Bros. and CNN, and Discovery, which operates TLC, HGTV and Animal Planet.

General views of the Paramount+ billboard campaign along the Sunset Strip promoting the launch of the new streaming service
ViacomCBS’ streaming service Paramount+ could bolster interest in an acquisition by suitors in the space.
GC Images
But that new entity, to be run by Discovery CEO David Zaslav, cannot even think about any new deals until its own $43 billion merger is completed.

“Shari is hearing a lot of people could be interested in combining with ViacomCBS but not now,” a source said. That includes Zaslav, according to a person familiar with the media boss’s thinking.

Other people close to Redstone, however, insist that she’s not interested in selling CBS to anyone and that the most logical suitors at the moment are private equity firms.

Another source suggested that Redstone could also find a suitor in the tech world where companies like Amazon and Apple are scrapping for TV shows and movies to fill their streaming services.

“I think the hope is big tech comes in the picture,” the source said. “She can benefit from waiting.”

Amazon, which recently agreed to buy MGM, the movie studio behind the James Bond franchise, for $8.45 billion, may also be on the hunt for more film and TV shows once it closes that deal.

Sources close to Redstone also note another factor that may be drawing the media mogul to the sidelines— Bob Bakish, who she tapped to run ViacomCBS when the two formerly separate entities merged in 2019.

Bakish has only been running the business since December 2019 and is not interested in being replaced so soon, sources said.

“I don’t think Shari is ready to force Bob into doing a deal,” the source said.

Although he is close to Redstone, Backish was not at the Allen & Co. conference participating in the talks with Roberts, sources said.

On a ViacomCBS earnings call last week, in which he unveiled a massive $900 million deal for new episodes of “South Park,” Bakish said he will always evaluate every merger opportunity declining to elaborate further.

“We believe organic execution continues to be the right path,” he said, adding: “Of course, we will always evaluate any opportunities through a shareholder value creation lens.”

However, for the time being, the reality is ViacomCBS is simply not in play, sources close to the situation said.

[resx18]

Streaming subscription revenue rose 82% year-over-year, and streaming advertising revenue more than doubled - largely driven by Pluto TV, which marked its fourth straight quarter of doubling its revenues.

[$Green$]

But the go it alone strategy has been part of the buyout strategy all along lol

[$Green$]

Has $VIAC finally bottomed???

[JohnSamuel]

Conference call transcript ...

https://seekingalpha.com/article/4445503-viacomcbs-inc-viac-ceo-bob-bakish-on-q2-2021-results-earnings-call-transcript?mail_subject=viac-viacomcbs-inc-viac-ceo-bob-bakish-on-q2-2021-results-earnings-call-transcript&utm_campaign=rta-stock-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

[conix]

ViacomCBS CEO: Fantastic momentum in streaming revenue fueled Q2 results
Aug. 05, 2021 By: Brian Stewart, SA News Editor

Bob Bakish, president and CEO of ViacomCBS Inc. (NASDAQ:VIAC), said Thursday that "fantastic momentum" for its Paramount+ streaming service helped drive its better-than-expected revenue growth in Q2.

Before the opening bell, ViacomCBS (VIAC) reported a mixed earnings report. The media giant missed expectations with its non-GAAP EPS figure, but beat projections with its top line. Revenue rose 8% from last year to $6.56B.

Despite the lower-than-expected earnings, shares of VIAC jumped more than 5% in Thursday's intraday action, as investors focused on growth in its streaming business, including 6.5M customer additions.

Speaking to CNBC, Bakish highlighted the fact that the revenue-per-customer for its streaming service also increased in Q2, compared to both last year and the previous quarter.

These metrics allowed the company to almost double its streaming revenue, according to the ViacomCBS (VIAC) CEO.

"It's in a really good place," he said of the streaming business. "We're excited about the road ahead."

In response to the earnings report, VIAC jumped $2.28 in midday trading on Thursday, rising to $41.07.

Shares had slipped ahead of the report. The stock closed at $38.47 on Tuesday -- its lowest finish since April.

[conix]

ViacomCBS gains 7% as streaming boosts upside sales results in Q2

Aug. 05, 2021 1

By: Jason Aycock, SA News Editor

ViacomCBS is sharply higher (VIAC +6.8%, VIACA +6%) after Q2 earnings that saw revenue boosted by the company's moves into streaming.
Subscriber additions hit a record high, at 6.5M, bringing the subtotal to 42M at Paramount Plus, Pluto TV and SHOWTIME OTT.

Meanwhile, the company set a multi-year deal with Sky (NASDAQ:CMCSA) to launch Paramount Plus in Europe.

That will bring the company's premium service to the UK, Ireland, Italy, Germany, Switzerland and Austria in 2022. It also includes extended carriage of ViacomCBS pay TV channels and renewing Sky as an ad sales partner in select markets.

All told, the company wants to expand Paramount Plus into 45 markets by the end of next year.

Streaming subscription revenue rose 82% year-over-year, and streaming advertising revenue more than doubled - largely driven by Pluto TV, which marked its fourth straight quarter of doubling its revenues.

Revenue by segment: TV Entertainment, $2.81B (up 22.8%); Cable Networks, $3.48B (up 7.5%); Filmed Entertainment, $667M (up 3%).

Liquidity at quarter-end was $5.4B, along with an undrawn committed $3.5B revolving credit facility.

Those streaming gains at ViacomCBS buck an industry trend, according to Wells Fargo (note Roku today pinning its user/viewing slowdown on the withdrawal of COVID-19 lockdowns).

"The immediate question will be how Q3 net adds are trending given the recent industry bias for a deceleration (though we’d note both Paramount Plus and HBO have been positive standouts),” analyst Steven Cahall says. He's Equal Weight on the stock with a price target of $45.

RBC Capital Markets is a bit more bullish, with a target of $52 implying a 25% upside. Not only did the company's net adds in subscription video on demand beat but revenue growth stayed robust, the firm says.

Cowen had praise for the Cable Networks segment (the biggest revenue contributor among segments), which drove the beats in revenue and operating income. It's Neutral with a $46 price target.

And in other ViacomCBS contract news, the company has struck a new deal with South Park creators Trey Parker and Matt Stone reportedly worth $900M. That's a six-year deal that covers renewing the show through season 30 (season 24 has yet to debut) and includes a whopping 14 movies.

[traderbbc1]

What was the most compelling catalyst on the call?

[resx18]

CC went well .. $VIAC

[Cosa]

Lol you made my day :)

[oxnous]

Looks like investors want to see a buyout of VIAC and not just a Go It ALONE strategy.

[JohnSamuel]

Right at 27 million shares now ... these hedge funds have manipulation down to a science and a artform ...

[Milo1]

I was thinking the same.

[JohnSamuel]

Average shares traded over last 10 trading days was 8.76 million shares @ day. Today's shares traded is 25 million. Anybody want to guess who those buyers were ??? LOL the S.O.B.'s did it to us again. Earnings will be "outstanding" in my opinion and buyers will be so proud of themselves.

[Milo1]

This is a crazy buy right now, large volume, easy money. Buying all morning here.

[Nebuchadnezzar]

Plus dividend

[resx18]

You would think we are good here ..

[Nebuchadnezzar]

adding more as we speak.

[Milo1]

I added a couple thousand shares as well @38.30

[resx18]

I added 38.25 #stocksonsale $VIAC

[Milo1]

It looks like VIAC is being sold off prior to earnings, based on DISCA results, which in my opinion is just silly. DISCA is not in the same league as VIAC, and earnings are trending in the opposite directions. ONly because of a once rumored merger do they trade together in sympathy. Ridiculous.

[traderbbc1]

What's the bad news?
UGLY DAY

[resx18]

$VIAC Announces Comprehensive Distribution Agreements with Cox Communications


https://finance.yahoo.com/news/viacomcbs-announces-comprehensive-distribution-agreements-123000994.html

[resx18]

NEW YORK, August 03, 2021--(BUSINESS WIRE)--ViacomCBS Inc. (NASDAQ: VIAC, VIACA) today announced multi-year distribution agreements with Cox Communications to continue delivering leading content from ViacomCBS’ extensive portfolio of broadcast, entertainment, news and sports networks, including BET, CBS Sports Network, CMT, Comedy Central, Logo, MTV, Nickelodeon, Paramount Network, Pop TV, SHOWTIME®, Smithsonian Channel, Telefe, TV Land and VH1. The deal also includes retransmission consent of CBS broadcast stations in Los Angeles.

In addition to renewed carriage of ViacomCBS content, the deal will also offer Cox subscribers expanded access to ViacomCBS’ collection of streaming services, including Paramount+, SHOWTIME® OTT and Pluto TV.

"We are pleased to have reached significant agreements with Cox that offer our best-in-class entertainment across broadcast, cable and streaming on behalf of subscribers," said Ray Hopkins, President, U.S. Networks Distribution, ViacomCBS. "Cox has been a valued partner for years and we look forward to working together to continuously serve millions of households through our long-standing partnership."


Financial terms of the agreements were not disclosed.

[MADDSTACKER]

He said no need for merger , maybe partnership …

[MADDSTACKER]

Lol ok …

[oxnous]

Comcast CEO said today that they see no need for more streaming assets.

[MADDSTACKER]

Should see $46 before hopefully …

[resx18]

$VIAC ER is 8/5

[oxnous]

News of a merger is \probably the only hing that is going to get VIAC going again.

[Nebuchadnezzar]

yes, looking better

[MADDSTACKER]

Looking good let’s see $45 then. Break out after earnings

[Nebuchadnezzar]

not soon enough. this stock has really turned out to be a complete POS even after falling $60, yes $60 from $100

but SNAP can rise $15 in after hours, no problem

NKE can run $20 in one day

VIAC--up 50 cents yay

if a stock is not like by the street, it gets destroyed or no love

aka CLF VIAC IBM T X XOM SLB etc

[MADDSTACKER]

Earnings date ?

[traderbbc1]

U are spot-on.
This one is way under priced.
JMO