ViacomCBS Takes First Step on Road to 2021 Super Bowl (EXCLUSIVE)

  • 📰 Variety
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Fox’s Super Bowl is done. ViacomCBS’ starts today. Viewers of any of 24 TV networks owned by the newly-merged media company Monday are likely to witness a promotional blitz for Super Bowl LV, which…

The game may be a more than a year away, but the promotion around it is not. The promos, which read “, your home for Super Bowl LV,” are expected to run between 15 and 20 times on each network Monday and will also surface from various corporate and network social-media feeds. They represent just the first step in a broader plan“If you look at ViacomCBS, we reach every age group and demographic on a daily basis,” says, chairman of CBS Sports, in an interview.

Yet as the media industry shifts, the Super Bowl is taking on even greater importance. With more people choosing streaming, on-demand video to watch scripted favorites, traditional media companies are more dependent than ever on live sports and news. Last night, Fox Corporation used the Super Bowl to put a spotlight on a new set of assets that is smaller and more focused since the company sold the bulk of its studio and cable assets to Walt Disney.

ViacomCBS executives have been making their case in public for the better part of a year. In February of 2019, McManus told investors that CBS Corp. would “do what is necessary” to keep its NFL rights. ViacomCBS CEOsaid in September that the new company would have a stronger hand than CBS would have if it were still flying solo.

ViacomCBS is under some Wall Street scrutiny. Now that it has made its case to investors for merging, analysts want to see better defined goals, says Michael Nathanson, a media analyst with MoffettNathanson, in a recent research note. Disney has articulated a strategy for scripted programming and streaming, while Fox and Discovery are emphasizing live or unscripted fare.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No more Fox Super Bowl?!?! THANK FUCKING GOD!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in BUSİNESS

Business Business Latest News, Business Business Headlines