Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

ViacomCBS to invest in streaming with stock sales

jyoti Published on : 23 March 2021
ViacomCBS to invest in streaming

 

The brand that launched Paramount+ is all set to grow this video streaming platform by engaging it with richer content. On Monday, the brand revealed the news of investing $3 billion from their stock sales in streaming. 

ViacomCBS executives at an event launch in February confirmed the streaming activities could hit close to 65-70 million streaming viewers by 2024 from Paramount+ alone. Paramount+ is expected to stream close to 1000+ live sports and news events, showcase 50+ new series from various genres, and more.

The brand has also set a goal to invest $5 billion towards streaming content by the end of 2024.

Written by: jyoti

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Upcoming Webinar
May 08

9:00AM PST

Scale on Demand: Muvi’s Application Scalability Insights

Scalability in applications means that as more people start using the app or as the app handles more data, it continues to perform well without crashing or slowing…...

Event Language: English
30 Minutes