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Nickelodeon has selected 10 participants for its annual Writing and Artist Programs, aimed at fostering creative talents from underrepresented communities. The 2022 Writing Program features four aspiring writers, while the Artist Program includes six emerging artists. Last year's programs achieved a 100% staffing success rate for participants. The addition of Peer Mentoring enhances the curriculum, allowing participants to receive personalized guidance. Nickelodeon continues its commitment to diversity through these initiatives, supporting the Content for Change initiative.
ViacomCBS Inc. (NASDAQ: VIAC; VIACA) has declared a quarterly cash dividend of $0.24 per share on its Class A and Class B Common Stock, payable on April 1, 2022, to stockholders of record by March 15, 2022. Additionally, the company announced a dividend of $1.4375 per share on its 5.75% Series A Mandatory Convertible Preferred Stock, also payable on April 1, 2022. ViacomCBS, a key player in global media and entertainment, continues to provide premium content and experiences through its renowned brands and innovative streaming services.
VH1's popular franchise Black Ink Crew is set for an exciting return with new episodes of Black Ink Crew: New York on February 21 at 8 PM ET/PT, followed by Black Ink Crew: Compton at 9 PM ET/PT. The franchise will also host its first Watch Party on February 14 at 10 PM ET/PT, featuring fan-favorite cast members discussing memorable moments. Black Ink Crew continues to present drama and personal growth among its characters, which includes shop owner Ceaser and his team.
SkyShowtime, a joint venture between Comcast (CMCSA) and ViacomCBS (VIAC, VIACA), has received full regulatory approval to launch in over 20 European markets. This new streaming service will target approximately 90 million homes, offering an extensive library of 10,000 hours of content across various genres. CEO Monty Sarhan aims to deliver compelling entertainment to consumers. The official launch is expected later this year, with further details on pricing and specifics to follow.
MTV and CBS announced two primetime specials commemorating International Holocaust Remembrance Day on
Playmates Toys announces its return as the global licensee for ViacomCBS's Star Trek properties, launching an all-new collection of action figures and accessories after a 12-year hiatus. The Star Trek Universe collection, featuring nostalgic and new packaging, will debut in July 2022 with characters from iconic Star Trek series. The first wave includes figures like Captain Jean-Luc Picard and Commander William Riker. Playmates aims to expand the collector line further, catering to fans' demands and celebrating more than 50 years of toy innovation.
Nexstar Media Group and ViacomCBS announced a multi-year renewal of CBS affiliations covering 39 markets, reaching 14% of U.S. audiences and 17.4 million households. The agreement completes all CBS and Nexstar affiliation renewals following three completed last year. Subscribers will continue accessing CBS content on Paramount+ and vMVPD platforms. Financial terms remain undisclosed. The partnership is expected to enhance local news and programming offerings, benefiting viewers and advertisers alike.
ViacomCBS (NASDAQ: VIAC, VIACA) and Nexstar Media Group (NASDAQ: NXST) have renewed CBS Television Network affiliations in 39 markets, reaching 14% of the U.S. audience with 17.4 million households. This agreement completes all previous affiliation renewals. Nexstar's CBS affiliates will continue to be available on Paramount+ and vMVPD platforms. Leaders from both companies emphasized the value of their partnership and the strength of CBS’s programming, including news and sports.
On January 13, 2022, ViacomCBS and Comcast Cable announced a multi-year distribution agreement, enhancing content access for Xfinity customers. The deal includes renewed carriage of ViacomCBS networks such as CBS, BET, Sports Network, and others, along with ViacomCBS' streaming services like Paramount+, Pluto TV, and SHOWTIME OTT. Comcast also expands rights to BET+. ViacomCBS aims to serve millions more viewers through this partnership, which fortifies their longstanding collaboration.
CommScope (NASDAQ: COMM) and ViacomCBS (NASDAQ: VIAC) announced a significant milestone in their partnership with the launch of FAVE and the migration of DABL and select SHOWTIME channels to CDN IP distribution. This transition represents the first full migration from satellite to IP for ViacomCBS. The move aims to improve efficiencies, save costs, and enhance audience reach, especially as satellite bandwidth in the US declines by 60% in 2023. CommScope's DigiCipher Streaming system was crucial in this migration, ensuring zero service interruption.