who bought pluto tv

Pluto TV started in 2013 and attracted big-named investors including Samsung Venture Investment Corp Pritzker Group Venture Capital and Scripps Networks which has since been acquired by Discovery. Watch 250 channels of free TV and 1000s of on-demand movies and TV shows.

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During their respective Q2 earnings calls this week both conglomerates continued to sell equity.

. The service which offers 100 linear channels of lifestyle news sports and entertainment content through partnerships with 130 media networks. 100000 Hours of Content. Viacom buys Pluto TV for 340 million Viacom has purchased Pluto TV to bolster its live-streaming efforts.

100s of Free TV Channels. 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.

Pluto TV marks just the latest digital acquisition for Viacom which last summer picked up Awesomeness. This deal will give Viacom full control over Pluto TV and its future. NEW YORK-- BUSINESS WIRE --Viacom Inc.

Two weeks ago Viacom announced that they had acquired ad-supported streaming TV service Pluto TV for 340 million. The erstwhile Viacom bought Pluto TV in early 2019 for 340 million as part of CEO Bob Bakishs strategy to layer digital acquisitions atop its portfolio of basic-cable brands and Paramount Pictures. 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 erstwhile Viacom paid 340 million to buy Pluto TV in January 2019 just before reuniting with CBS Corp. 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. 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.

Viacom paid 340 million for Pluto TV. 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. See Todays 1-Day-Only Deals.

Viacom is buying its way into the ad-supported streaming video business by acquiring Pluto TV in a 340 million cash deal BC reports. In June 2019 Tubi announced that it had over 20 million active monthly users and later in September the. Pluto TV - Drop in.

The programming conglomerate says it plans to distribute Pluto TV international as well as here in the United States. Viacom Just Bought Pluto TV. Published 3 years ago on Jan 22 2019.

Verne youre right. 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. Stream Pluto TV Anywhere.

Viacom has acquiredought Pluto TV the free ad-supported streaming service for 340 million in cash. Above the Pluto TV exhibit at this months Consumer Electronics Show in. Watch 250 channels of free TV and 1000s of on-demand movies and TV shows.

The ad-supported streaming service which boasts of offering 100 channels and thousands of movies and TV shows got purchased for 340 million this week by media giant Viacom the company that. Viacom Inc which own such prominent cable channels as Comedy Central MTV and Nickelodeon is plunging into the fast-growing world of streaming. Free to Watch Everywhere.

In May 2017 they raised US20 million in a round of funding from Jump Capital Danhua Capital Cota Capital and Foundation Capital. Today it was announced that Viacom is buying Pluto TV for 340 million in cash. Today marks an important step forward in Viacoms evolution.

Tubi was founded by Farhad Massoudi and Thomas Ahn Hicks of AdRise in San Francisco launching in 2014 as a free service. 1000s of Movies TV Shows. Viacom has acquired Los Angeles-based video streaming service Pluto TV for 340 million in cash both companies confirmed Tuesday.

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