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ViacomCBS has declared a quarterly cash dividend of $0.24 per share on its Class A and Class B Common Stock, payable on October 1, 2021, to stockholders of record by September 15, 2021. Additionally, a dividend of $1.4375 per share on its 5.75% Series A Mandatory Convertible Preferred Stock will also be paid on the same date. ViacomCBS is a prominent media and entertainment company with a diverse portfolio, including CBS, Showtime, and Paramount+, delivering substantial content across multiple platforms.
MTV Entertainment Studios has announced the premiere of The Surreal Life on VH1 this Fall, marking its return 15 years later. The reality series will feature eight celebrities, including August Alsina, Dennis Rodman, and Tamar Braxton, embarking on an unpredictable journey. Nina L. Diaz, President of Content, expressed excitement over the diverse cast, promising captivating television for audiences. The show is produced by 51 Minds Entertainment, a notable player in unscripted production, part of Banijay, the largest international content producer.
Nickelodeon is expanding the Baby Shark franchise with a new animated movie and a second season of Baby Shark's Big Show!, which is currently ranked as the number-two children's show for kids aged 2-5. The movie will be co-produced with SmartStudy, the company behind Pinkfong. Season two will feature 26 episodes and will showcase new underwater adventures. Baby Shark has become a global sensation, with the original song amassing 8.9 billion views on YouTube and sales of over 11 million units in the U.S.
ViacomCBS Inc. (NASDAQ: VIAC, VIACA) and Charter Communications, Inc. (NASDAQ: CHTR) have signed multi-year distribution agreements for the continued carriage of ViacomCBS’ networks and streaming services, including Paramount+, Pluto TV, BET+, and Noggin, to Spectrum customers. This collaboration aims to adapt to the evolving subscription video market while enhancing customer choice and experience. The agreements also focus on advancing addressable media and advertising strategies, although specific financial terms were not disclosed.
Nickelodeon and Awesomeness Films are set to produce two new live-action films: Fantasy Football and Hush Hush. Fantasy Football, featuring Marsai Martin, follows a teen who can influence her father's football skills via a video game. Hush Hush adapts Becca Fitzpatrick's YA novels, focusing on high school drama and supernatural elements. Both films will debut on Paramount+ in 2022, following the release of The J Team. The productions aim to capture family narratives and YA themes, continuing the growth of Nickelodeon's live-action film division.
Nickelodeon Studios and Paramount+ have initiated production on an all-new series, The Fairly OddParents (working title), set to debut later this year. This 13-episode live-action and animated series continues the adventures of Timmy Turner’s cousin, Vivian 'Viv' Turner, and her new stepbrother, Roy Ragland, as they navigate life in Dimmsdale. The original voice actors for fairy godparents Wanda and Cosmo return, promising a nostalgic appeal. The series is produced by a talented team, including showrunner Christopher J. Nowak and director Mike Caron.
Pluto TV, a leading free streaming service, has partnered with PBR, the premier bull riding organization, to launch PBR RidePass on July 20, 2021. This partnership enables Pluto TV to stream PBR's live events and western sports content for free, significantly enhancing viewer access. With over 50 million users, Pluto TV will establish itself as a vital platform for rodeo fans. The initiative marks a transition of PBR RidePass from subscription to ad-supported streaming, aiming to reach a broader audience and solidify Pluto TV's presence in live sports programming.
BET News will air an exclusive special titled State of Our Union: Vice President Kamala Harris, hosted by Soledad O’Brien, on July 9 at 8/7c. The half-hour program features a conversation with Vice President Harris, addressing critical issues such as vaccine hesitancy, COVID-19 recovery, police reform, and voting rights. Harris emphasized the importance of vaccination and accountability in policing. BET President Scott Mills stated the need for media to discuss pressing community issues.
