Viacom Acquires Pluto TV; OTT Platform Could Help Accelerate Viacom’s Online Efforts
On Jan. 22, Viacom announced the purchase of Pluto TV, an ad-supported OTT platform, for $340 million in cash. Pluto offers both linear streaming channels and on-demand content via its platform-agnostic app and in-browser service. While we don't expect Viacom to place its pay television channels on the service, Pluto could offer a platform for monetizing some of the firm’s older library titles while also providing Viacom with a wealth of knowledge about streaming. Viacom’s larger advertising pla...Viacom provides entertainment through television, film, digital media, live events, merchandise and solutions. The company operates through two segments: Media Networks, which provides entertainment content, services and related branded products for consumers in targeted demographics attractive to advertisers, content distributors and retailers through its media brands including Nickelodeon, MTV, BET, Comedy Central and Paramount Network; and Filmed Entertainment, which develops, produces, finances, acquires and distributes films, television programming and other entertainment content through its Paramount Pictures, Paramount Players, Paramount Animation and Paramount Television divisions.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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