Viacom

Posted on December 1, 2014 by htfergus

by Timothy Chew

[1] Viacom Logo

About Viacom

Viacom is an American mass media company that specialises in entertainment content in over 160 countries across television, film, mobile and online platforms. Viacom is the parent company to many of the world’s most elite entertainment brands including MTV Networks, Nickelodeon, VH1, BET Networks, Comedy Central, SPIKE, TV Land, CMT, Paramount Pictures and many more [2 ].

Reaching approximately 700 million global subscribers, Viacom’s media networks have become one of the largest media conglomerates in the world [3].

Television Networks

[4] Viacom’s Media Network Brands

Viacom is home to a wide variety of television networks and has successfully developed original entertainment content that has reached a diverse audience [4]. MTV is best known for producing the MTV Video Music Awards, Nickelodeon is one of the most influential television channels in children’s entertainment and Comedy Central is America’s number one comedy channel. Viacom has produced many popular television shows including MTV’s Awkward and Teen Wolf, Comedy Central’s The Daily Show, Nickelodeon’s SpongeBob SquarePants and many more [4].

Film

[5] Paramount Pictures Logo

Paramount Pictures Corporation is a film production and distribution studio that is also a subsidiary of Viacom. Paramount is the distributor for DreamWorks Animation, Marvel, MTV Films, Nickelodeon Movies, Paramount Pictures, Paramount Classics and Paramount Vantage [4]. In 2014, Paramount grossed $953.6 million, becoming the sixth highest grossing film studio in the box office [6]. Paramount has produced many major blockbusters films including “Titanic“, “Transformers“, “Forrest Gump“, “Shrek” and “Iron Man” [7].

Financials

Viacom has remained well positioned financially this year. In the fourth quarter of 2014, Viacom’s revenue has increased 9% from $3.6 billion to $3.9 billion [8]. Viacom’s Media Networks annual year-end revenue has rose significantly from $9.6 billion to 10.1 billion [8]. However, Viacom’s film entertainment’s suffered a decrease in annual year-end revenue dropping from $4.2 billion to $3.7 billion [8]. Viacom’s year-end operating income has rose to 5% to a record breaking $4.13 billion from $3.9 billion in 2013 [8].

Key Executives

[9] Philippe Dauman, President and Chief Executive Officer

[10] Thomas E. Dooley, Chief Operating Officer

[11] Wade Davis, Chief Financial Officer and Executive Vice President, Strategy & Corporate Development

Recent News

[12] Viacom Acquires Channel 5

Viacom Closes Acquisition of UK’s Channel 5

After announcing a deal on May 1st, Viacom has closed acquisition of British’s broadcaster Channel 5 for $725 million on September 10th [12]. This deal was made to expand Viacom’s investment in its entertainment content produced in the UK. In addition, Nickelodeon will be partnering with Channel 5’s pre-school program, Milkshake. Viacom and Channel 5 will collaborate to produce a new animated series called “Nella the Knight“, their first co-production which is under Viacom’s wing [12]. Viacom and Channel 5 will co-fund “Nella the Knight“, which will be produced in the UK. Channel 5 will also air episodes of SpongeBob SquarePants and Teenage Mutant Ninja Turtles [12]. Besides that, MTV UK and Channel 5 are partnering to commission a new series called 10,000 BC. In 10,000 BC, 20 participants leave the comforts of their modern life and travel back to the Stone Age. This 10 episode series is set to premiere on Channel 5 in 2015 [12].

[13] Viacom and Sony Partnership

Viacom and Sony Inks Internet Distribution Deal

Viacom announced a major programming deal with Sony to license live and on demand programming for at least 22 Viacom cable networks including Comedy Central, MTV, Nickelodeon, SPIKE, and VH1 for Sony’s cloud-based TV service [13]. This agreement marks Viacom’s first deal to provide its networks for an Internet based live TV and Video On Demand service. Sony’s new cloud-based TV service will integrate live TV content with a dynamic experience people are accustomed to look for form their network. This new service will provide access to hundreds of hours of Viacom programming to over 75 million Internet-enabled Sony devices in the U.S [14].

Releases

[15] Teenage Mutant Ninja Turtles, directed by Jonathan Liebasman

Teenage Mutant Ninja Turtles

 “Teenage Mutant Ninja Turtles” is an action comedy film that made tremendous success in the box office this summer. The film was produced by highly acclaimed “Transformers” producer Michael Bay and directed by Jonathan Liebasman. “Teenage Mutant Ninja Turtles” was a recreation of the original comic series. On its opening weekend, this summer blockbuster locked in a staggering $65 million [16]. Since its release, “Teenage Mutant Ninja Turtles” has made $191 million in the US and $286 million in the international market. This film surprisingly remained number 1 in the box office on its first two weeks of release [16].Unlike many films released this summer, this film managed to surpass its budget within 3 weeks of its release, proving to be a major success [16].

[17] Interstellar, directed by Christopher Nolan

Interstellar

“Interstellar” is a Sci-Fi thriller starring Matthew McConaughey and Anne Hathaway. The film is based on a team of explorers who travel to space on an adventure to search for a habitable planet that could potentially save the human race [17 . The film was director by Christopher Nolan. Unfortunately, “Interstellar” failed to reach its predicted $50 million on its opening weekend, and only made $47.5 million instead [18]. Although, “Interstellar” has not done quite as well domestically by only making $138 million since its premiere, it has been a major success in the foreign market making a whopping $331 million, surpassing its $165 million budget. Since its opening weekend, the film has made over $468 million worldwide proving to be a global success [19].

Upcoming Releases

[20] Eye Candy, MTV’s New Thriller

MTV Announces New Scripted Thriller

MTV announced a new scripted thriller series called “Eye Candy.” The new series is based on R.L Stine’s popular novel “Eye Candy.” The series is produced by Jason Blum and Catherine Hardwicke. “Eye Candy” revolves around tech genius, Lindy who is played by Victoria Justice [21]. Lindy begins online dating and suspects one of her strange suitors to be a potential serial killer. Lindy then partners with a team of hackers to solve these mysterious murders on the streets of New York. “Eye Candy” is an 10-episode, hour-long thriller that is set to premiere on January 12, 2015 [21].

Trailer [22].

Mission-Impossible-5-starring-Tome-Cruise

[23] Mission Impossible 5, directed by Christopher McQuarrie

Mission Impossible To Release Fifth Film

The fifth instalment of the Mission Impossible franchise is hitting theatres next winter. The film is directed by Christopher McQuarrie and written by Drew Pearce. “Mission Impossible 5” is produced by Paramount and J.J Abrams’ Production Company, Bad Robot. In “Mission Impossible 5“, Tom Cruise will be returning to his role of Ethan Hunt. The previous film, “Mission Impossible: Ghost Protocol” set the record very high after grossing a staggering $695 million globally [24]. Mission Impossible 5 is set to release on December 25th, 2015. The film’s trailer has not been released [25].

Sources

[1] Viacom’s Logo, Variety.com, RT: 11/30/2014

[2] About Viacom, Viacom.com, RT: 11/30/2014

[3] “Advertising Revenue Drive Media Networks Business“, Marketrealist.com, RT: 11/30/2014

[4] Viacom Brands, Viacom.com, RT: 11/30/2014

[5] Paramount Pictures’s Logo, Paramountguilds.com, RT: 11/30/2014

[6] Studio Market Share, Boxofficemojo.com, RT: 11/30/2014

[7] Paramount’s All Time Box Office Results, Boxofficemojo.com, RT: 11/30/2014

[8] Viacom’s Fiscal Report 2014, Viacom.com, RT: 11/30/2014

[9] Philippe Dauman, Viacom.com, RT: 11/30/2014

[10] Thomas E. Dooley, Viacom.com, RT: 11/30/2014

[11] Wade Davis,Viacom.com, RT: 11/30/2014

[12] Viacom Closes Acquisition of Channel 5, Viacom.com, RT: 11/30/2014

[13] Viacom and Sony Partnership,Viacom.com, RT: 11/30/2014

[14] Viacom Inks Pact with Sony, Variety.com, 9/10/2014, RT: 11/30/2014

[15] Teenage Mutant Ninja Turtles Poster, Teenagemutantninjaturtlesmovie.com, RT: 11/30/2014

[16] Box Office Results, Boxofficemojo.com, RT: 11/30/2014

[17] Interstellar Poster, Interstellar-movie.com, RT: 11/30/2014

[18] “Interstellar Final Box Office Fails to Hit $50 Million Estimates”, Variety.com, 11/10/2014, RT: 11/30/2014

[19] Box Office Results, Boxofficemojo.com, RT: 11/30/2014

[20] Eye Candy Poster, Hollywoordreporter.com, 11/02/2014, RT: 11/30/2014

[21] MTV’s New Scripted Thriller, Viacom.com, RT: 11/30/2014

[22] Eye Candy Trailer, Youtube.com, RT: 11/30/2014

[23] Mission Impossible 5 Poster, Screenrant.com, RT: 11/30/2014

[24] Box Office Results, Boxofficemojo.com, RT: 11/30/2014

[25] “Mission: Impossible 5 to Hit Theaters in December 2015”, Hollywoodreporter.com, 11/13/2014, RT: 11/30/2014

Disney/ABC

Posted on October 30, 2013 by Emily Kelberman

By Emily Kelberman

Courtesy: Disney/ABC

Disney/ABC Television Group

500 Buena Vista Street

Burbank, CA 91521

818.560.1000

About the Company:

Disney/ABC Television Group operates many different platforms of media including entertainment properties, news properties, owned television stations, radio, and publishing businesses. The group includes ABC Entertainment Group, ABC News, ABC owned television properties, Disney Channels Worldwide, ABC Family, SOAPnet, as well as Disney/ABC Domestic Television and Disney Media Distribution. The company also has equity interest in A+E Networks. [1] [2] [3]

Key Executives [4]:

Courtesy: Walt Disney Company
Bob Iger

Robert Iger – Chairman & CEO of Walt Disney Company

Courtesy: Disney/ABC
Anne Sweeney

Anne Sweeney – President & Co-Chair of Disney/ABC Television Group

Courtesy: Disney/ABC
Paul Lee

Paul Lee – President, ABC Entertainment Group

Courtesy: Disney/ABC
Gary Marsh

Gary Marsh – President, Disney Channels Worldwide

For more information on Disney/ABC Television Group’s executives click here.

Financials:

Disney/ABC Television Group is apart of The Walt Disney Company’s (NYSE: DIS). This includes the company’s global entertainment, broadcast news, owned television stations, distribution, publishing, and radio business. The Walt Disney Company is also made up of other segments such as Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive. [5]

The company delivered strong results for the third quarter of 2013. Disney’s Media Networks Group had an operating income of $2.3 billion, up 8% from the previous quarter. Revenue rose 5% to $5.35 billion. The broadcasting division of the group fell 20% due to higher programming costs, yet Disney/ABC’s cable networks operating income was up 12% to $2.09 billion. [6]

Disney & Technology [7]:

Disney Using Tablet

Courtesy: Disney Channel [9]

Disney/ABC Television Group is taking advantage of the new technology of tablets, beginning to use it for television purposes. Disney is going to launch the first nine episodes of a new series on mobile devices and tablets before it airs on television. The show, Sheriff Callie’s Wild West, features a cat in pink cowboy hat and it hopes to reach a pre-school audience on a screen like the iPad, in which many kids have been brought up viewing. The series will premiere on the Watch Disney Junior App and also on a related website in late November 2013. The television show will then premiere on Disney Channel and Disney Junior early next year. The application keeps audiences linked to their cable operators. Viewers must enter their subscriber information in order to watch the shows on the tablet. [8] [9]

Disney Teams with Roku

Courtesy: Variety [10]

Disney and ESPN have recently reached a new deal with Roku, which is a streaming player that can deliver movies instantly from Netflix onto a television using the Internet. Now, viewers can stream live cable-TV channels and programming to their televisions if they are currently subscribing to a participating TV provider. Participating viewers can watch their programming on the devices of their choice, creating a more enjoyable viewing experience. [10]

Disney/ABC & Marvel [11]:

Courtesy: Marvel [14]

Disney has recently acquired the rights to Marvel, which allows the Disney company to use that franchise in all aspects of the company. It has been recently announced that Disney and Netflix have partnered together to bring viewers a new miniseries based on Marvel’s most popular characters.

It will exclusively start streaming on Netflix in 2015 with four serialized programs, preparing the way for a miniseries programming event. The miniseries is produced by Marvel Television and ABC Television Studios and is said to have groundbreaking live-action storytelling. This is following a previous deal with Netflix, which allows members to watch a wide range of Disney, ABC TV, and Disney channel movies wherever Netflix is available. Marvel is a well-known and loved brand with movies such as ‘Iron Man’ and ‘The Avengers’, so pioneering the new miniseries idea will hopefully take this form of live-action television viewing to the next level.

The series is going to focus on “Daredevil”, “Jessica Jones”, “Iron Fist”, and “Luke Cage” separately, leading up to an Avenger-style combination of the characters to create the miniseries titled The Defenders. This new platform that Disney is testing will enable the viewers to watch when and where they want, granting flexibility. ABC’s new show, “Marvel: Agents of S.H.I.E.L.D” has become a hit for the network, giving the new miniseries a promising outlook [12] [13] [14]

ESPN & College Basketball:

kentucky-michigan-state-ncaa-ratings-espn

Courtesy: Variety [15]

Fall is the season of college basketball, which is great news for ESPN, a Disney owned company. The first game of the season, Kentucky vs. Michigan, attracted four million viewers. According to Nielson, this is the second largest audience ESPN has had for a non-conference game. The Duke vs. Kansas game averaged 2.98 million viewers, which is higher than in previous years. ESPN is also thriving in the local markets. The only cable show program that was higher in the men’s 18-49 bracket was “Sons of Anarchy” on FX. The interest in college basketball seems to be growing, which will benefit Disney and ESPN. [15] [16]

Programming:

The fall season is a showcase of all the new shows ABC and other networks have to offer for the new season. Disney/ABC has recently confirmed a new singing competition called “Rising Star”. It is a show that has been breaking records in Israel, with more than half of TV audiences tuning in to watch the show. ABC is planning on airing the show in Summer 2014 with a 10-episode run. With the summer slot, it will not compete with other singing competition shows, such as Fox’s “American Idol” and NBC’s “The Voice”, seeing as those occupy fall spots. This show differs from other singing competition shows because viewers vote for live performances during real time through an application. The show reinvents the reality singing competition model with the use of new technology. Disney/ABC acquired the show from Keshet DP, parent company of Dick Clark Productions. [17] [18]

Shows to be Canceled/Renewed:

For the current 2013 season, ABC has canceled “Lucky Seven” and “Back in the Game”. A few shows such as “Betrayal”, “The Neighbors”, “Once Upon a Time in Wonderland”, “Trophy Wife”, and “Super Fun Night” with Rebel Wilson are likely to be canceled by the end of the season in May, depending on ratings.

“Last Man Standing”, “Nashville”, and “The Goldbergs” are likely to get a renewal for next season, but it will depend on the ratings. “Castle”, “The Middle”, “Once Upon a Time”, “Grey’s Anatomy”, “Revenge”, “Modern Family”, “Scandal”, and “Agents of S.H.I.E.L.D.” are certain to be renewed by May. [19]

ABC is now getting ready for its midseason premiere with returning shows like “The Bachelor” and “Suburgatory”, as well as four new shows. The new shows include “Resurrection”, “Killer Women”, “Mixology”, and “Mind Games”. The TV group has decided to push “Revenge” back to the 10pm slot for the midseason. [20][21][22]

Sources:

[1] About Disney/ABC Television Group

[2] Disney/ABC Careers

[3] Business Week Snapshot of Disney/ABC

[4] About Disney/ABC Executives

[5] Disney Financials

[6] LA Times – Disney Financials

[7] NY Times – Disney & Tablet

[8] Sheriff Callie – IMDB

[9] Disney Channel – About Sheriff Callie

[10] Variety- Disney Lands a Deal With Roku

[11] Yahoo Finance – Disney Press Release Regarding Marvel

[12] Wired – Marvel and Netflix Deal

[13] Variety – Marvel and Netflix

[14] Marvel Website – Logo

[15] Variety – Ratings for ESPN 2013

[16] TV by the Numbers – ESPN Ratings

[17] Variety – ABC Greenlights New Singing Competition Show

[18] TV by the Numbers – ABC’s ‘Rising Star’

[19] TV by the Numbers – ABC’s Recent Ratings

[20] Variety – ABC Midseason Premieres

[21] Hollywood Reporter – ‘Revenge’ Pushed Back

[22] Huffington Post – ABC Full Midseason Schedule

Buenavista/Disney Pictures

Posted on October 28, 2013 by Gregory Fenton

By Greg Fenton

Photo courtesy of www.thewaltdisneycompany.com

History

Founded in 1923 under the name “The Disney Brothers Studio”,The Walt Disney Studios began as a humble cartoon studio, producing classics such as Snow White and the Seven Dwarves, Fantasia, Mary Poppins, and The Lion King. Today, The Walt Disney Studios, also known as Disney/Buena Vista, has become one of the largest film companies in the world, churning out internationally successful live-action and animated films aimed at entertaining the whole family. The Walt Disney Studios umbrella encompasses several studios owned and operated by The Walt Disney Studios, including Walt Disney Studios Motion Pictures, Walt Disney Animation Studios, Touchstone Pictures, Pixar Animation Studios, Disneynature, and Marvel Studios. Disney also acquired Lucasfilm Ltd. in late 2012 for $4 billion. [1] [2] [3]

Key Executives

Robert A. Iger– Chairman and CEO of The Walt Disney Company

Photo courtesy www.thewaltdisneycompany.com

Alan Horn– Chairman of The Walt Disney Studios

Photo courtesy of www.waltdisneystudios.com

Andy Bird– Chairman of Walt Disney International

Photo courtesy of www.thewaltdisneycompany.com

Alan Bergman– President of The Walt Disney Studios

Photo courtesy of www.waltdisneystudios.com

Financials

In 2013, The Walt Disney Company brought in $45.0 billion of revenue ($9.4 billion gross profit), up from $42.3 billion in 2012 ($8.9 billion gross profit) , and $38.0 billion in 2010 ($6.7 billion gross profit). As of this writing (11/18/2013), Disney stock sits at an even $70.00 per share, a significant increase from $47.45 a year ago (11/19/2013).[4] Through November 14th, 2013 Disney/Buena Vista commands 13.1% of the studio market share, trailing Warner Bros. (17.8%) and Universal (14.6%).[5] Disney/Buena Vista thrives on the blockbuster, with four films grossing over $100 million domestically in 2013 and 2012. Of these eight films, three of them are part of Marvel Studio’s “Avengers” franchise, which shows the enormous financial returns on Disney’s $4 billion investment to purchase Marvel Entertainment in 2009.[6] [7] In early November 2013, Disney/Buena Vista broke its all-time global box office record of $3.79 billion, set in 2010, with over six weeks and three major releases left to go in 2013, setting Disney/Buena Vista up for a year of eye-popping numbers. [17]

Recent Film Releases

Photo courtesy games.disney.com

Planes– DisneyToon Studios’ Planes follows a crop-dusting plane named Dusty Crophopper with big dreams of being a racer and a fear of heights. After training under veteran fighter, Skipper, Dusty qualifies for the prestigious Wings Across the World race. There, as an underdog, he meets friend and foe, but, more importantly, learns to break down his physical and mental barriers.[8]

As a DisneyToon production, Planes was initially meant for a straight-to-DVD release and cost Disney a relatively cheap $50 million to make, yet opened with a robust $22 million weekend opposite Sony’s Elysium in early August, eventually pulling in $89 million domestically in over 3,700 theaters. [9] [10] [6]

The film received a Metascore of just 32 from review-aggregator site Metacritic.com with some reviewers appreciating the modesty of the film, while others docked the film for lacking the quality of other animated Disney films and an overly simplistic plot. [11]

Photo courtesy www.imdb.com

Thor: The Dark World– Thor: The Dark World is a sequel to 2011’s Thor.That movie, distributed by Paramount as part of The Avengers franchise, raked in over $181 million at the domestic box office. Disney bought the distribution rights for Marvel’s the Avengers (2012) and Iron Man 3 (2013) in 2010 and finalized a deal for the distribution rights for Iron Man, Iron Man 2, Thor, and Captain America: The First Avenger in summer 2013. [12] [13] [14]

Thor: The Dark World takes place two years after the events of Thor, focusing on Thor’s quest for peace in the nine realms of Asgard. Thor misses Earth and his love-interest Dr. Jane Foster, but is prevented from traveling back to her by Odin, Thor’s father. However, when Foster travels through a wormhole, uncovering an ancient weapon called Aether that threatens the fate of Asgard and Earth. Thor then decides to team up with Foster and his half-brother, and villain of the Thor and Marvel’s The Avengers films, Loki, to destroy the Aether and save Asgard from the wrath of the dark elf Malekith. [12]

At the time of this writing Thor:The Dark World has earned over $145 million at the domestic box office just two weekends after its November 8th release in over 3,800 theaters, and should recoup its $170 million budget in the very near future. The Dark World has also thrived overseas, pulling in just under $333 million worldwide. The real test will be to see how the film performs after Lionsgate releases The Hunger Games: Catching Fire on November 22nd which some believe will open with a $150 million weekend. Nevertheless, The Dark World is already a financial success for Disney and should continue to put up strong numbers at the box office for several weeks as the holiday movie-going season kicks off. Click here to watch the trailer for Thor:The Dark World [12] [15]

Upcoming Film Releases

Photo courtesy of wikia.disney.com

Frozen– Frozen is the latest effort from the wildly successful Walt Disney Animation Studios, opening the day before Thanksgiving on November 27th, 2013. Based on the fairy tale written by Danish Author Hans Christian Andersen, “The Snow Queen,” Frozen revolves around the story of two sisters, Anna and Elsa, the latter of which has the supernatural ability to control ice and snow. When Elsa accidentally uses these powers in public, she flees, plunging the kingdom into eternal winter. Determined to end the cold snap, Anna enlists the help of the mountain man Kristoff and the animated snow man Olaf. [16]

Opening up the day before Thanksgiving should give Frozen ample time to marinate in the holiday climate before more major titles are released before for Christmas. As with Thor:The Dark World, Frozen will have to compete with The Hunger Games: Catching Fire for attention, but the film keeps a significant advantage in its subject matter as a children’s musical adventure in the midst of several films that touch more serious topics. Frozen will also benefit from being released in 3D, which will provide a major boost to its numbers at the box office. On the other side of the spectrum of success, Frozen could garner some looks as the Academy Awards approach in a relatively weak year for animated movies that included a sequel (Despicable Me 2) and a prequel (Monsters University) as the highest earners at the box office in the animated category. [16]

Other Upcoming Releases

Delivery Man– November 22nd, 2013

Saving Mr. Banks– December 13th, 2013

The Wind Rises– February 14th, 2014 [17]

Sources:

[1] The History of Disney

[2] Studios Under the Walt Disney Studios Umbrella

[3] Disney Buys Lucasfilm LTD

[4] Disney Financial Profile

[5] Disney Market Share

[6] Buena Vista Box Office-2012

[7] Disney Buys Marvel