who bought pluto tv

Viacom has acquiredought Pluto TV the free ad-supported streaming service for 340 million in cash. The erstwhile Viacom paid 340 million to buy Pluto TV in January 2019 just before reuniting with CBS Corp.

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Viacom has agreed to acquire streaming service Pluto TV for 340 million in cash the latest piece of its strategy to build a streaming business as.

. Cable giant Viacom is buying the ad-supported streaming startup Pluto TV for 340 million in cash with plans to turn it into the home for its slew of programmes. By ViacomCBS Staff. The programming conglomerate says it plans to distribute Pluto TV international as well as here in the United States.

For some time now Viacom has hinted at plans for a free streaming service now it seems that buying Pluto TV is how they will. Two weeks ago Viacom announced that they had acquired ad-supported streaming TV service Pluto TV for 340 million. 1000s of Movies TV Shows.

Careers Partners About us Where to watch Support. Viacom has acquired Los Angeles-based video streaming service Pluto TV for 340 million in cash both companies confirmed Tuesday. 100s of Free TV Channels.

Comcast bought the streaming service Xumo last month and Viacom bought Pluto TV. Today it was announced that Viacom is buying Pluto TV for 340 million in cash. VIAB VIA today announced that it has entered into a definitive agreement to acquire Pluto TV the leading free streaming television service in US for 340 million in cash.

The service which offers 100 linear channels of lifestyle news sports and entertainment content through partnerships with 130 media networks. Viacom is plunking down 340 million in cash to get its hands on the entire operation. After Rupert Murdoch sold his movie studio and a bunch of his cable TV networks to Disney Fox paid 440 million in March of 2020 for Tubi.

Foxs acquisition of Tubi is latest move by big media companies to buy their way into the free streaming market. Viacom paid 340 million for Pluto TV. Verne youre right.

Pluto TV - Drop in. Viacom buys Pluto TV for 340 million Viacom has purchased Pluto TV to bolster its live-streaming efforts. Apple TV Roku Amazon Fire TV and Android TV devices all have apps available as well plus smart TVs from Vizio Samsung and Sony offer up a Pluto TV app.

Viacom which owns such basic cable networks as MTV Nickelodeon Comedy Central and VH1 yesterday announced that it has paid 340 million to purchase Pluto TV. Watch 250 channels of free TV and 1000s of on-demand movies and TV shows. Thats why Viacom bought Pluto TV Wade Davis chief financial officer of Viacom told Business Insider.

Viacom Just Bought Pluto TV. VIA NASDAQVIAB recently announced that it would be acquiring streaming service Pluto TV. NEW YORK-- BUSINESS WIRE --Viacom Inc.

But the business is now delivering over 1 billion annually for Paramount with executives claiming Pluto TV is pulling away from other FAST services and establishing a dominant position at least in its home US market. Watch 250 channels of free TV and 1000s of on-demand movies and TV shows. Watch 100s of Channels and 1000s of Movies Free.

The service which offers 100 linear channels of lifestyle news sports and entertainment content through partnerships with 130 media networks. See Todays 1-Day-Only Deals. During their respective Q2 earnings calls this week both conglomerates continued to sell equity analysts.

Two weeks ago Viacom announced that they had acquired ad-supported streaming TV service Pluto TV for 340 million. Theres also a Pluto TV app on. Today marks an important step forward in Viacoms evolution.

Above the Pluto TV exhibit at this months Consumer Electronics Show in. And CEO Bob Bakish is positioning Pluto TV as a key part of the companys streaming. Pluto TV has been something of a sideshow to Paramount.

Stream Pluto TV Anywhere. Published 3 years ago on Jan 22 2019. This deal will give Viacom full control over Pluto TV and its future.

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