ViacomCBS, a leading global content company has updated investors on its differentiated streaming strategy, which leverages the company’s strong product offerings across free, premium and pay segments with Pluto TV and SHOWTIME OTT to create a linked ecosystem with the highly anticipated launch of Paramount+ on March 4.
Paramount+ will feature a powerful combination of live sports, breaking news and a mountain of entertainment from ViacomCBS’ portfolio of world-renowned brands and production studios, including BET, CBS, Comedy Central, MTV, Nickelodeon, Paramount Pictures and the Smithsonian Channel.
New details about Paramount+ were unveiled during the ViacomCBS Streaming Event presentation, including an expansive slate of over 50 exclusive original series across scripted dramas, kids and family, reality, comedy, music, sports, news and documentaries that are set to premiere on the service in the next two years, including 36 arriving in 2021. These originals will join a deep and growing content catalog of more than 30,000 episodes and 2,500 movie titles. In addition, pricing tiers, leading launch sponsors and international rollout plans were announced.
Bob Bakish, President and CEO, ViacomCBS
The launch of Paramount+ supercharges our strategy with a broad pay service that will be home to everything consumers love, all in one place: live sports, breaking news and a mountain of entertainment, at scale. As we look ahead, ViacomCBS is ideally positioned to harness the full power of our assets and capabilities to seize the global opportunity in streaming.
Tom Ryan, President and CEO, ViacomCBS Streaming
In combination with Pluto TV and SHOWTIME, the service will further strengthen our robust linked streaming ecosystem, giving us a critical competitive advantage as we pursue our goal of reaching consumers across every platform, at every price point, with creativity, content and experiences that are second to none.
