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MarketScreener Homepage  >  Equities  >  Nasdaq  >  ViacomCBS Inc.    VIAC

VIACOMCBS INC.

(VIAC)
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ViacomCBS : acquires John Krasinski's 'Some Good News'

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05/23/2020 | 11:23am EDT

ViacomCBS has acquired John Krasinski'sSome Good News program and plans to air a version of it across its television and digital platforms.

Deadline said Krasinski will executive produce, but not host the show. It will be produced by Comedy Central Productions.

"Could not be more excited and proud to be partnering with CBS/Viacom to be able to bring Some Good News to so many more people," Krasinksi said in a statement to Variety.

"From the first episode, our goal was to create a news show dedicated entirely to good news. Never did I expect to be joining the ranks of such a historic news organization as CBS."

Krasinski created and starred in the YouTube show during the coronavirus pandemic this spring when most Americans were social distancing at home.

Last Sunday, he announced the show -- which highlighted positive stories from around the world -- would be taking a break.

Krasinski is known for starring in the TV shows The Office and Jack Ryan. He also wrote, directed and acted in the film A Quiet Place.

Copyright 2020 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent., source Entertainment News

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Financials (USD)
Sales 2020 26 393 M - -
Net income 2020 2 037 M - -
Net Debt 2020 17 143 M - -
P/E ratio 2020 7,34x
Yield 2020 3,87%
Capitalization 15 464 M 15 464 M -
EV / Sales 2019
EV / Sales 2020 1,24x
Nbr of Employees 23 990
Free-Float 49,1%
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 23,18 $
Last Close Price 24,82 $
Spread / Highest target 162%
Spread / Average Target -6,59%
Spread / Lowest Target -51,7%
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Managers
NameTitle
Robert Marc Bakish President, Chief Executive Officer & Director
Shari Ellen Redstone Non-Executive Chairman
Christina Spade Chief Financial Officer & Executive Vice President
Philip R. Wiser Chief Technology Officer
Linda M. Griego Independent Director
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