ViacomCBS Class B's Cable Networks segment to make 45% of $26.5 billion in ViacomCBS Class B's 2020 revenues, but ViacomCBS Class B's TV Entertainment segment is key to the company's revenue growth
Cable Networks segment expected to be the single-biggest revenue driver with $12.0 billion in revenues (45% of Total Revenues) in 2020TV Entertainment will be the fastest-growing segment - adding $1.3 billion over 2017-2020 (-3127% of $0.0 billion in incremental revenues)
Total Revenue
WHAT IS BIG?
(1) Cable Networks : $12.0 billion (45%)
(2) TV Entertainment : $11.6 billion (44%)
(3) Filmed Entertainment : $2.1 billion (8%)
(4) Publishing : $0.8 billion (3%)
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TOTAL Revenues in 2020: $26.5 billion
WHAT HAS CHANGED?
From 2017-2020
+ Change in Cable Networks : $-0.3 billion
+ Change in TV Entertainment : $1.3 billion
+ Change in Filmed Entertainment : $-0.9 billion
+ Change in Publishing : $0.0 billion
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TOTAL Change 2017-2020 $0.0 billion
+ ViacomCBS Class B's Revenues in 2017 $26.5 billion
= TOTAL Revenues in 2020 $26.5 billion
Below we discuss ViacomCBS Class B's business model, followed by sections that review past performance as well as expectations for ViacomCBS Class B's revenue drivers for 2020 and 2021, along with competitive comparisons with peers Walt Disney and Comcast
ViacomCBS Class B's Business Model
What Does ViacomCBS Offer?
In addition to offering streaming services and digital video products, ViacomCBS provides production, distribution and advertising solutions. Portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, CBS All Access, Pluto TV and Simon & Schuster, among others
Who Pays?
Subscribers of CBS Television Network, ShowtimeMTV, Comedy Centarl, Paramount Network. Also for distributing movies through Paramount brand. Retail customers buying books
What Are The Alternatives?
It faces competition from Disney, Warner Media, Comcast, News Corp, NBCUniversal, Sony, Six Flags, Cedar Fair, Universal Studios
Has 4 Operating Segments:
Cable Networks : Subscription cable networks Showtime, The Movie Channel and Flix, Showtime streaming; Nickelodeon, MTV, BET, Comedy Central, Paramount Network,the international extensions of these brands, Network 10®, Channel 5® and Telefe®; and Pluto TV
TV Entertainment : Cconsists of the CBS Television Network, CBS Television Studios, CBS Television Distribution, CBS Interactive, CBS Sports Network, CBS Television Stations and CBS-branded streaming services CBS All Access and CBSN
Filmed Entertainment : Develops, produces, finances, acquires and distributes films, television programming and other entertainment content through Paramount Pictures, Paramount Players, Paramount Animation and Paramount Television Studios
Publishing : Publishes and distributes Simon & Schuster consumer books