Viacom and CBS Announce Leadership After Pending Merger

CBS and Viacom Nov. 11 announced senior appointments for content and digital leadership of ViacomCBS effective upon closing of the merger.

The combined company’s library will comprise 140,000-plus TV episodes and 3,600-plus film titles, according to a joint press release. ViacomCBS will also have more than 750 series ordered or in production, as well as a major Hollywood film studio, Paramount Pictures. The combined company will have a content spend of more than $13 billion — one of the largest in the industry, according to the joint release.

“ViacomCBS will be one of the largest premium content creators in the world, with the capacity to produce content for both our own platforms and for others,” Bob Bakish, president and CEO, Viacom, who will serve as president and CEO of ViacomCBS upon close, said in a statement. “This talented team of content leaders will work together to ensure we realize the full power of our brands, our deep relationships with the creative community and our intellectual property to drive our growth as a combined company.”

Subscribe HERE to the FREE Media Play News Daily Newsletter!

Content leaders, who will manage the creative and business operations of the company’s brands and help assess how best to distribute programming include:

  • Jim Gianopulos, who will oversee Filmed Entertainment, continuing as chairman and CEO of Paramount Pictures, a role that includes oversight of Paramount Animation, Paramount Features, Paramount Players and Paramount TV;
  • Chris McCarthy, president of MTV, VH1, CMT and Logo, who will serve as president of entertainment and youth brands, ViacomCBS Domestic Media Networks — adding Comedy Central, Paramount Network, Smithsonian Channel and TV Land brands and their respective content studios to his current portfolio of MTV, VH1, CMT and Logo;
  • David Nevins, chief creative officer, CBS, and chairman and CEO, Showtime Networks, who will oversee CBS Television Studios, the CBS Television Network’s Entertainment division, the Showtime Networks and Pop, as well as the programming of CBS All Access (He will also have oversight of CBS’ interest in The CW, a joint venture between CBS and Warner Bros. Entertainment. In addition, Nevins will oversee BET, which will continue to be led by Scott Mills as President of BET);
  • Carolyn Kroll Reidy, who will lead the company’s publishing assets, continuing in her role as president and CEO of Simon & Schuster; and
  • Brian Robbins, president of Nickelodeon, who will oversee the company’s kids and young adult-focused offerings as president, kids and family entertainment, ViacomCBS Domestic Media Networks (In addition to Nickelodeon, Nick at Nite, Nick Jr., TeenNick, Nicktoons and Nickelodeon Studios, he will now oversee Awesomeness, which he co-founded and was acquired by Viacom in 2018).

 

Joe Ianniello, as previously announced, will serve as chairman and CEO of CBS, overseeing CBS-branded assets such as the CBS Television Network (including CBS Entertainment, CBS News, and CBS Sports), CBS Television Studios, CBS Interactive (including CBS All Access) and CBS Television Stations.

ViacomCBS will also form a new Content Council, comprising the content leaders across the company and chaired by Nevins, to ensure these leaders and other senior executives are working together to maximize the use of IP and talent relationships across the combined company.

ViacomCBS’ portfolio of streaming assets will include CBS All Access and Showtime, which deliver premium, branded content live and on demand to millions of subscribers; Pluto TV, the leading free, advertising-supported streaming TV service in the United States; and targeted niche products such as BET+, CBSN, CBS Sports HQ, ET Live and Noggin.

“Our content scale will support our streaming strategy, which will build on the rapidly scaling advertising and subscription-based products we already have in the market,” Bakish said in a statement. “The executives we announced today bring complementary and deep experience in both subscription and ad-supported streaming businesses, and will work together to create a differentiated streaming ecosystem in the market.”

ViacomCBS digital leaders include:

  • Marc DeBevoise, president and COO, CBS Interactive, who will serve as chief digital Officer, ViacomCBS, and president and CEO, CBS Interactive, providing overall leadership for the combined company’s technology and digital operations across its broad range of digital assets, including its subscription, live and vertical ad-supported direct-to-consumer streaming services and major internet properties (His team will also be responsible for Viacom Digital Studios as well as its partnerships with technology, digital video and social platforms. In addition, he will continue to lead CBS Interactive and its digital businesses, including those of the CBS Television Network and CNET Media Group and its portfolio of streaming services including CBS All Access, CBSN, CBS Sports HQ and ET Live.);
  • Kelly Day, president, Viacom Digital Studios, who will continue to lead the digital content strategy and initiative to create and expand original programming and branded content across leading and emerging social platforms (In this role, reporting to DeBevoise, she will look to expand this initiative from brands including MTV, Nickelodeon, Comedy Central and BET across the combined company’s content portfolio.);
  • Phil Wiser, CTO, CBS, who will serve as CTO for the combined company, reporting to DeBevoise, and will be responsible for the global technology strategy, shared services, operations and transformation for ViacomCBS; and
  • Tom Ryan, CEO and co-founder of Pluto TV, who will continue to lead Pluto TV and will oversee all facets of the company’s business;

 

The merger is expected to close by early December, according to the press release.

Leave a Reply

Your email address will not be published. Required fields are marked *

10 − 8 =

This site uses Akismet to reduce spam. Learn how your comment data is processed.