January 25, 2019

Viacom to Buy Ad-Supported Streaming Service Pluto TV for $340 Million

Earlier this week, Viacom Inc. (NASDAQ: VIAB, VIA) announced that has agreed to buy the leading free streaming service, Pluto TV, for $340 million in an all-cash deal. With more than 12.5 million monthly active users, including 7.5 million watching Pluto TV on connected TVs, the ad-supported Pluto TV offers more than 100 live TV channels plus on-demand content, including sports, news, lifestyle, comedy, cartoons, gaming, TV shows and movies.

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Five on Friday: Prime, Petitions and Paying for News

If youre tired of hearing the political rhetoric of the federal government shutdown, weve got some interesting subscription updates to distract you. In this weeks edition of Five on Friday, California car dealers are filing a petition against Care by Volvo, we take a look at the future of Amazon Prime, App Annie shares the State of Mobile for 2019, Twipe looks at readers willingness to pay for news, and BBC and ITVs BritBox are planning more original content, now that BritBox has reached 500,000 subscribers.

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