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Viacom Inc's Business Segments
Viacom Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
2
Largest Segment
Media Networks
Total Revenue
$ 12,838
Regions Reported
2
Annual Results
Revenue Share by Reportable Segment - FY2019
- Media Networks77%
- Film Entertainment24%
Revenue by Reportable Segment - FY2019
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Media Networks | $ 9,883 | 77% |
| Film Entertainment | $ 3,079 | 24% |
Revenue Share by Region - FY2019
- EMEA16.7%
- All Other10.5%
Revenue by Geographic Region - FY2019
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| EMEA | $ 2,146 | 16.7% |
| All Other | $ 1,343 | 10.5% |
Revenue by Product & Service Category - FY2019
- Affiliate Fees Revenue37.6%
- Advertising36.2%
- Licensefees12.5%
- Homeentertainment5%
- Theatrical4.4%
- Consumerproductsrecreationandliveevents3.1%
- Ancillary Revenue2%
- Revenue Reconciling Items0%
Revenue by Product & Service Category - FY2019
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Affiliate Fees Revenue | $ 4,828 | 37.6% |
| Advertising | $ 4,652 | 36.2% |
| Licensefees | $ 1,606 | 12.5% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Viacom Inc
Viacom Inc. is an American multimedia conglomerate based in New York City. It was founded in 1971 by the entrepreneur Sumner Redstone and has since grown into one of the world's largest entertainment companies. Viacom operates through multiple divisions, including Paramount Pictures, MTV Networks, Nickelodeon, BET Networks, Comedy Central, and VH1.
Paramount Pictures is a major film studio owned by Viacom that produces and distributes popular movies such as Mission: Impossible, Star Trek, Transformers, and The Godfather. The studio also owns Famous Music, which is responsible for producing and acquiring music for Paramount movies.
MTV Networks is a division that manages popular cable channels such as MTV, VH1, and Comedy Central. MTV Networks also owns several popular online media outlets, including MTV.com and VH1.com, which provide a variety of music-related news and original content.
Nickelodeon is Viacom's entertainment brand aimed at kids and produces popular shows such as Paw Patrol, SpongeBob SquarePants, and Dora the Explorer. In addition, Nickelodeon has its own online streaming service called Nick+.
BET Networks is another major division of Viacom and is focused on African-American entertainment. BET produces original programming such as the BET Awards and popular shows Black Girls Rock and Being Mary Jane.
Comedy Central is a popular cable channel known for its original comedy shows such as The Daily Show with Trevor Noah, South Park, and Broad City. Comedy Central also operates a popular online streaming service called CC.com.
VH1 is another popular cable channel geared towards adults that airs reality shows such as Love & Hip Hop and RuPaul's Drag Race. It also operates an online streaming service called VH1.com.
With a portfolio of top-performing brands, Viacom has established itself as a leading media company. The conglomerate has expanded its reach over the years by acquiring companies such as CBS Corporation and has been able to offer cross-platform marketing opportunities for advertisers. Viacom's extensive range of media assets and properties ensures that it continues to remain a major player in the entertainment industry.
Paramount Pictures is a major film studio owned by Viacom that produces and distributes popular movies such as Mission: Impossible, Star Trek, Transformers, and The Godfather. The studio also owns Famous Music, which is responsible for producing and acquiring music for Paramount movies.
MTV Networks is a division that manages popular cable channels such as MTV, VH1, and Comedy Central. MTV Networks also owns several popular online media outlets, including MTV.com and VH1.com, which provide a variety of music-related news and original content.
Nickelodeon is Viacom's entertainment brand aimed at kids and produces popular shows such as Paw Patrol, SpongeBob SquarePants, and Dora the Explorer. In addition, Nickelodeon has its own online streaming service called Nick+.
BET Networks is another major division of Viacom and is focused on African-American entertainment. BET produces original programming such as the BET Awards and popular shows Black Girls Rock and Being Mary Jane.
Comedy Central is a popular cable channel known for its original comedy shows such as The Daily Show with Trevor Noah, South Park, and Broad City. Comedy Central also operates a popular online streaming service called CC.com.
VH1 is another popular cable channel geared towards adults that airs reality shows such as Love & Hip Hop and RuPaul's Drag Race. It also operates an online streaming service called VH1.com.
With a portfolio of top-performing brands, Viacom has established itself as a leading media company. The conglomerate has expanded its reach over the years by acquiring companies such as CBS Corporation and has been able to offer cross-platform marketing opportunities for advertisers. Viacom's extensive range of media assets and properties ensures that it continues to remain a major player in the entertainment industry.
Viacom Inc. now known as Paramount Global following its rebranding, is a media conglomerate that encompasses a broad array of segments, products, and services designed to cater to diverse audiences across the globe. Below is an extensive description of the various segments and offerings:
1. Media Networks
Viacoms Media Networks segment is a cornerstone of the company, showcasing a vibrant portfolio of some of the most popular television and cable networks. This segment not only produces but also airs highly recognized television programs. Some flagship shows include:
- The Daily Show: A satirical news program that has become a staple of late-night television.
- The Late Show with Stephen Colbert: A late-night talk show featuring interviews, musical performances, and comedic commentary.
- SpongeBob SquarePants: An iconic animated series that has garnered a massive global fanbase, showcasing adventures in the underwater city of Bikini Bottom.
- South Park: A groundbreaking animated series known for its dark humor and social commentary.
- MTVs The Challenge: A reality competition show that combines elements of physical endurance and strategic gameplay.
The segment operates networks in various regions, including the United States, Europe, Asia, and Latin America, significantly affecting popular culture and media consumption habits.
Film Entertainment
The Film Entertainment segment is pivotal for Viacom, encompassing the creation and distribution of feature films. It includes:
- Paramount Pictures: One of the oldest and most renowned film studios, responsible for blockbuster franchises like Transformers and Mission: Impossible.
- Nickelodeon Movies: Specializes in family-friendly films that resonate with younger audiences, often based on Nickelodeon’s popular animated and live-action series.
- Comedy Central Films: Focuses on producing films that align with the network’s comedic brand.
This segment is supported by an extensive international distribution operation, ensuring Viacoms films reach a global audience.
Publishing
Viacoms publishing operations are an integral part of its Film Entertainment segment, most notably through Simon & Schuster. As one of the worlds leading publishing houses, Simon & Schuster publishes a diverse range of both fiction and non-fiction titles across various genres, including bestsellers and notable author partnerships.
Free-to-Air Networks
Viacom holds significant stakes in free-to-air networks that operate in various markets. These include major TV platforms like:
- CBS in the United States: A leading broadcaster known for its wide array of programming, including news, dramas, and reality TV.
- Channel 5 in the UK: A popular channel offering a blend of entertainment, news, and sports.
- Network 10 in Australia: Engages viewers with a variety of programming, including local dramas and international content.
These free-to-air networks allow Viacom to reach a broad demographic, providing content accessible to all viewers without subscription barriers.
Subscription Video-on-Demand (SVOD) Services
Viacom has made significant strides in the digital space, particularly through its subscription video-on-demand offerings:
- Paramount+: A premium streaming service that offers a mix of live sports, news, and on-demand content, including original series, classic films, and television shows from Viacoms extensive library.
- Pluto TV: A free streaming service that provides access to hundreds of live channels and a vast array of on-demand content spanning multiple genres, facilitating a compelling viewing experience without subscription costs.
These platforms reflect the companys commitment to adapting to the changing landscape of media consumption, catering to the growing demand for on-demand content.
Cable Networks
Viacom boasts an extensive suite of over 200 cable channels, catering to diverse audiences and interests. Key channels within this segment include:
- MTV: Known for its role in popularizing music television and its influential reality programming.
- Nickelodeon: A leading childrens network offering animated series, live-action shows, and films tailored for younger viewers.
- Comedy Central: A network dedicated to comedy, presenting stand-up specials, original series, and satirical news shows.
- BET: Focused on African American culture, offering a range of programming, including award shows and original dramas.
- CMT, Spike, TV Land, Logo, VH1: Channels that cater to specific niches within entertainment, such as country music, classic television shows, and LGBTQ+ programming.
Conclusion
Viacom Inc. has established itself as a versatile leader in the entertainment industry through its multifaceted offerings across various segments. By focusing on creating original content, leveraging acclaimed franchises, and adapting to evolving media consumption habits, Viamcom effectively engages audiences in diverse formats—ranging from traditional television to digital streaming and publishing—ensuring long-term relevance in a rapidly changing market landscape. The companys ability to innovate and expand its reach across different mediums continues to solidify its position as a formidable player in global entertainment.
1. Media Networks
Viacoms Media Networks segment is a cornerstone of the company, showcasing a vibrant portfolio of some of the most popular television and cable networks. This segment not only produces but also airs highly recognized television programs. Some flagship shows include:
- The Daily Show: A satirical news program that has become a staple of late-night television.
- The Late Show with Stephen Colbert: A late-night talk show featuring interviews, musical performances, and comedic commentary.
- SpongeBob SquarePants: An iconic animated series that has garnered a massive global fanbase, showcasing adventures in the underwater city of Bikini Bottom.
- South Park: A groundbreaking animated series known for its dark humor and social commentary.
- MTVs The Challenge: A reality competition show that combines elements of physical endurance and strategic gameplay.
The segment operates networks in various regions, including the United States, Europe, Asia, and Latin America, significantly affecting popular culture and media consumption habits.
Film Entertainment
The Film Entertainment segment is pivotal for Viacom, encompassing the creation and distribution of feature films. It includes:
- Paramount Pictures: One of the oldest and most renowned film studios, responsible for blockbuster franchises like Transformers and Mission: Impossible.
- Nickelodeon Movies: Specializes in family-friendly films that resonate with younger audiences, often based on Nickelodeon’s popular animated and live-action series.
- Comedy Central Films: Focuses on producing films that align with the network’s comedic brand.
This segment is supported by an extensive international distribution operation, ensuring Viacoms films reach a global audience.
Publishing
Viacoms publishing operations are an integral part of its Film Entertainment segment, most notably through Simon & Schuster. As one of the worlds leading publishing houses, Simon & Schuster publishes a diverse range of both fiction and non-fiction titles across various genres, including bestsellers and notable author partnerships.
Free-to-Air Networks
Viacom holds significant stakes in free-to-air networks that operate in various markets. These include major TV platforms like:
- CBS in the United States: A leading broadcaster known for its wide array of programming, including news, dramas, and reality TV.
- Channel 5 in the UK: A popular channel offering a blend of entertainment, news, and sports.
- Network 10 in Australia: Engages viewers with a variety of programming, including local dramas and international content.
These free-to-air networks allow Viacom to reach a broad demographic, providing content accessible to all viewers without subscription barriers.
Subscription Video-on-Demand (SVOD) Services
Viacom has made significant strides in the digital space, particularly through its subscription video-on-demand offerings:
- Paramount+: A premium streaming service that offers a mix of live sports, news, and on-demand content, including original series, classic films, and television shows from Viacoms extensive library.
- Pluto TV: A free streaming service that provides access to hundreds of live channels and a vast array of on-demand content spanning multiple genres, facilitating a compelling viewing experience without subscription costs.
These platforms reflect the companys commitment to adapting to the changing landscape of media consumption, catering to the growing demand for on-demand content.
Cable Networks
Viacom boasts an extensive suite of over 200 cable channels, catering to diverse audiences and interests. Key channels within this segment include:
- MTV: Known for its role in popularizing music television and its influential reality programming.
- Nickelodeon: A leading childrens network offering animated series, live-action shows, and films tailored for younger viewers.
- Comedy Central: A network dedicated to comedy, presenting stand-up specials, original series, and satirical news shows.
- BET: Focused on African American culture, offering a range of programming, including award shows and original dramas.
- CMT, Spike, TV Land, Logo, VH1: Channels that cater to specific niches within entertainment, such as country music, classic television shows, and LGBTQ+ programming.
Conclusion
Viacom Inc. has established itself as a versatile leader in the entertainment industry through its multifaceted offerings across various segments. By focusing on creating original content, leveraging acclaimed franchises, and adapting to evolving media consumption habits, Viamcom effectively engages audiences in diverse formats—ranging from traditional television to digital streaming and publishing—ensuring long-term relevance in a rapidly changing market landscape. The companys ability to innovate and expand its reach across different mediums continues to solidify its position as a formidable player in global entertainment.