The big news: CBS and Viacom have agreed to merge (again) in a deal that values the new company at $30B.
Key details for ViacomCBS:
1) 140K episodes of premium TV content
2) 3.6K film titles
3) 15% share of prime-time viewing
4) $16/subscriber/month from pay-TV providers
5) 4M subscribers for CBS All Access
6) 4M subscribers for Showtime OTT
7) 18M monthly users for PlutoTV
Market capitalization by company according to FactSet:
1) AT&T – $252B
2) Walt Disney – $245B
3) Comcast – $193B
4) Netflix – $136B
5) ViacomCBS – $30B
Back to the future: These companies have split and merged multiple times.
ViacomCBS will include content providers such as:
1) CBS Television
2) CBS Networks
3) CBS Sports
4) MTV
5) BET
6) Comedy Central
7) Nickelodeon
8) Paramount Pictures
9) Showtime
10) Smithsonian
Share of prime-time viewers:
1) Comcast – 18%
2) ViacomCBS – 15%
3) Walt Disney – 14%
4) Discovery – 11%
5) Fox – 9%
6) AT&T – 7%
7) Other – 26%
Per-subscriber fees:
1) Walt Disney – $22
2) ViacomCBS – $16
3) AT&T – $13
4) Comcast – $7
5) Fox – $7
6) Discovery – $4
Video: Watch the full interview with the newly formed ViacomCBS CEO Robert Bakish
More #1: Why Viacom Fell (And Why It Can Come Back)
More #2: CBS and Viacom Reunite in Deal That Marks Ascendance of Shari Redstone
More #3: M&A experts break down what Viacom and CBS could buy next, from ad-tech to James Bond
