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»coronavirus and advertising

ViacomCBS Speeds Up Streaming Plans, Expects Tough Ad Market in Q2

In its first quarter call as a combined company Thursday, ViacomCBS hailed its strength and said the coronavirus pandemic would accelerate its plans for subscription streaming services. Advertising revenue grew 2% to $2.5 billion, excluding the impact of last year’s Super Bowl and the canceled NCAAA tournament. Otherwise, advertising declined 19% year over year. Pluto... Continue reading »
by Sarah Sluis // May 7th, 2020 //
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