VIACA News and Press, ViacomCBS Inc - Class A From 09/01/21

Who needs to worry about a return to The Office when you have stay-at-home sitcom Seinfeld? Netflix (NFLX +1.4%) has set Oct. 1 as the launch date for Seinfeld, the longtime NBC ratings king, after the show spent the past six years on Hulu (DIS +1.2%, CMCSA +0.5%), and Amazon Prime Video (AMZ...

Ariel Investments’ 13F portfolio value increased from $10.15B to $10.64B this quarter. They added ADT Inc. and increased ViacomCBS, while decreasing Philip Morris and Meredith Corp. The top three positions are Baidu, Philip Morris, and Lazard, and they add up to ~11% of the...

Candyman can - if the question is "Can a horror film in August take over the box office from an unassuming action comedy backed by Disney during a surging COVID-19 pandemic?" The horror film from Universal (CMCSA +0.5%)/MGM (OTC:MGMB) - a "spiritual sequel" to the 1992 film of the same name -...

Attention in the streaming-video universe tends to center on the big players in subscription video on demand - of course Netflix (NASDAQ:NFLX), Disney+ (NYSE:DIS), Amazon Prime Video (NASDAQ:AMZN), Hulu (DIS, CMCSA), HBO Max (NYSE:T) Peacock (NASDAQ:CMCSA), Paramount+ (VIAC, VIACA) and others...

Time to see if Ryan Reynolds' hero in Free Guy can hold off the Candyman. A same-named "spiritual sequel" to Candyman (the 1992 horror-film standby), from Jordan Peele of Get Out fame and Universal (NASDAQ:CMCSA)/MGM (OTC:MGMB), is the sole wide release at the box office this weekend. It take...

In a big new sector call, Wells Fargo has downgraded the Software industry to Underweight - and boosted Media and Entertainment to Overweight. It's citing "technicals, valuation and earnings revisions" as the basis for the changes - and starts by noting that Software has done well in 2021, ra...

Paramount+ announced today that PAW PATROL: THE MOVIE, which premiered on the service the same day it hit theaters on August 20, ranked as one of the service’s most-watched originals. This press release features multimedia. View the full release here: https://www.businesswi...

Free Guy (NYSE:DIS) kept making real money at the box office, grossing another $18.8 million in its second week of release to lead releases at domestic theaters. That was $5.8 million better than PAW Patrol: The Movie (VIAC, VIACA), which made a late run at perhaps taking the weekend crown by...

Soros' 13F portfolio value increased from $5.33B to $5.93B this quarter. The number of positions increased from 229 to 257. Soros increased Amazon.com while reducing QuantumScape and dropping Baidu, Tencent Music Group, ViacomCBS, and Vipshop Holdings. Liberty Broadband at ~12% of...

The latest update to Nielsen's "Gauge" snapshot of TV viewing shares across broadcast, cable and streaming services shows traditional broadcast TV recapturing some viewers - but streaming still continues its steady march higher. Broadcast ticked up to 24% share, thanks largely to timing of sp...