viacomcbs annual report 2020 pdf

NEW YORK--(BUSINESS WIRE)-- Revenue increased 2% reflecting growth from the licensing of domestic streaming rights to. Examines the company's final weekend as an independent firm and the corporate culture that led to the fall of one of Wall Street's biggest names. CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS. Annual Filings. A biography and corporate whodunit filled with surprising details, The King of Content investigates Redstone’s impact on business and popular culture, as well as the family feuds, corporate battles, and questionable alliances that go back ... The quarter and six months ended June 30, 2020 include an impairment charge for FCC licenses of $25 million and the six months ended June 30, 2020 also includes accelerated depreciation of $12 million for technology that was abandoned in connection with synergy plans related to the merger of Viacom Inc. with and into CBS Corporation (the “Merger”). Theatrical revenue was immaterial in the quarter due to the closure or reduction in capacity of movie theaters in response to COVID-19. The company’s committed $3.5B revolving credit facility remains undrawn. An VIAC annual report earnings call is a teleconference, or webcast, in which a public company discusses the annually financial results of a reporting period ("earnings guidance"). Reflects a gain on marketable securities of $66 million and a gain of $11 million on the sale of an international joint venture. CONSOLIDATED STATEMENTS OF CASH FLOWS ViacomCBS, Restructuring and other corporate matters (a). Showtime: YTD; Source: Nielsen Media Research, Live+7 average to new episodes Domestic streaming & digital video revenue at an annual run-rate of $2.5B and growing more than 50% as of Q3 Programming charges primarily related to the abandonment of certain incomplete programs resulting from coronavirus disease (“COVID-19”) related production shutdowns. Publishing revenue rose 29% year-over-year as a result of higher print and digital book sales that were driven by strong releases during the quarter, including, The company maintained significant financial flexibility, with, Domestic streaming and digital video revenue increased to. Fox was 17% lower, and NBCUniversal lost 10%. These measures are among the primary measures used by management for planning and forecasting of future periods, and they are important indicators of our operational strength and business performance. August 13, 2019 in New York City. Affiliate revenue decreased 6%, as growth in subscription streaming was more than offset by linear subscriber declines. FREE Annual and Quarterly Reports. View VIAC financial statements in full. (Unaudited; in millions, except per share amounts), Earnings from SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL MEASURES (Continued), Earnings from VIACOMCBS INC. AND SUBSIDIARIES. Adjustments to reconcile net earnings from continuing operations to net cash flow provided by operating activities: Equity in loss of investee companies, net of tax and distributions, Net cash flow provided by operating activities, Net cash flow (used for) provided by investing activities, Repayments of short-term debt borrowings, net, Payment of payroll taxes in lieu of issuing shares for stock-based compensation, Net cash flow provided by (used for) financing activities, Effect of exchange rate changes on cash, cash equivalents and restricted cash, Net increase in cash, cash equivalents and restricted cash, Cash, cash equivalents and restricted cash at beginning of period (includes $202 (2020) and $120 (2019) of restricted cash), Cash, cash equivalents and restricted cash at end of period (includes $142 (2020) and $122 (2019) of restricted cash), SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL MEASURES (d) Reflects a deferred tax benefit of $768 million resulting from the transfer of intangible assets between our subsidiaries in connection with a reorganization of our international operations, a net tax benefit of $58 million realized in connection with the preparation of the 2018 federal tax return, based on further clarity provided by the U.S. government on tax positions relating to the Tax Reform Act and $32 million principally related to the bankruptcy of an investee. (b) Primarily reflects a benefit from the remeasurement of our UK net deferred income tax asset as a result of an increase in the UK corporate income tax rate from 17% to 19% enacted during the third quarter. 2019 Annual Report View Annual Report Download ©2003-2021 AnnualReports.com. Work for ViacomCBS Inc.? Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. (Unaudited; in millions, except per share amounts). These risks, uncertainties and other factors include, among others: the impact of the COVID-19 pandemic (and other widespread health emergencies or pandemics) and measures taken in response thereto; technological developments, alternative content offerings and their effects in our markets and on consumer behavior; the impact on our advertising revenues of changes in consumers’ content viewership, deficiencies in audience measurement and advertising market conditions; the public acceptance of our brands, programming, films, published content and other entertainment content on the various platforms on which they are distributed; increased costs for programming, films and other rights; the loss of key talent; competition for content, audiences, advertising and distribution in consolidating industries; the potential for loss of carriage or other reduction in or the impact of negotiations for the distribution of our content; the risks and costs associated with the integration of the CBS Corporation and Viacom Inc. businesses and investments in new businesses, products, services and technologies; evolving cybersecurity and similar risks; the failure, destruction or breach of critical satellites or facilities; content theft; domestic and global political, economic and/or regulatory factors affecting our businesses generally; volatility in capital markets or a decrease in our debt ratings; strikes and other union activity; fluctuations in our results due to the timing, mix, number and availability of our films and other programming; losses due to asset impairment charges for goodwill, intangible assets, FCC licenses and programming; liabilities related to discontinued operations and former businesses; potential conflicts of interest arising from our ownership structure with a controlling stockholder; and other factors described in our news releases and filings with the Securities and Exchange Commission, including but not limited to our most recent Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. Offering everyone a better way forward is our corporate mission. In addition, free cash flow as a measure of liquidity has certain limitations, does not necessarily represent funds available for discretionary use and is not necessarily a measure of our ability to fund our cash needs. data in this report relates to programmes broadcast between 1 August 2019 and 31 July 2020. Vice President, Investor Relations PDF Format Download (opens in new window) PDF 5.90 MB. • April 26, 2021. The name comes from ViacomCBS earnings per share (VIAC EPS), the bottom line number in the income statement divided by the number of shares outstanding. The company also continued to benefit from strong reverse compensation and recently signed agreements with Sinclair and Cox. All rights go to the original owners of the content shown in this video. Annual and quarterly financial reports, income statements and balance sheets for VIACOMCBS INC. (VIAC) on MSN Money. Content licensing revenue decreased 33% year-over-year, reflecting a lower volume of licensing compared to the prior-year quarter, driven by the timing of program availabilities and the adverse impacts of COVID-19. Found insideHoward Stern Comes Again delivers his answer. This book is a feast of conversation and more, as between the lines Stern offers his definitive autobiography—a magnum opus of confession and personal exploration. Our annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and any amendments to those reports, as soon as reasonably practicable after we electronically file that material with or furnish it to the Securities and Exchange Commission (“SEC”) at www.sec.gov. Advertising and promotion costs were also lower, reflecting the broadcast of fewer original programs due to COVID-19. 10-K. Filing Date. February 20, 2020, 7:00 AM EST including but not limited to our most recent Annual Report and reports on Form 10-Q. (Unaudited; in millions, except per share amounts). justin.dini@viacbs.com, Justin Blaber Due to the cancellation of the Annual Event, this year’s financial statements have been changed to a modified cash basis. ⎯ Advertising revenue decreased 11% year-over-year, primarily reflecting weakness in the advertising market as a result of COVID-19, which more than offset growth in streaming and digital video advertising and higher pricing. EARNINGS PRESS RELEASE | FEBRUARY 24, 2021 VIACOMCBS REPORTS Q4 AND FULL YEAR 2020 EARNINGS RESULTS ï,§ Grew Global Streaming Subscribers to Nearly 30M and Pluto TV Global MAUs to 43M; Domestic Streaming Subscribers Rose to 19.2M, up 71% Year-Over-Year, and Pluto TV Domestic MAUs Increased to 30.1Mï,§ Accelerated Domestic Streaming & Digital Video Revenue Growth to 72% Date Title Format 12/31/2020 Annual Report - 2020 12/31/2020 In its 2020 report, Disney also reported its results for the Americas for the years 2018 and 2019. Senior Director, Corporate Communications Executive Vice President, Corporate Communications In addition to offering innovative streaming services and digital video products, ViacomCBS provides powerful capabilities in production, distribution and advertising solutions for partners on five continents. _ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2019 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-16131 WORLD WRESTLING ENTERTAINMENT, INC. (Exact name of Registrant as specified in its charter) 2020/2021 Progress Toward Our Goals CSR Governance A commitment to addressing environmental, social and governance (ESG) issues is embedded at every level of our company, including Board oversight, officer-level involvement and a team of dedicated CSR professionals who engage leaders across the business. This is the story of the greatest $15,000 bet ever made. It is the story of Robert Louis Johnson and the billion-dollar empire that he built. ), a division of ViacomCBS International Networks – which in turn is a division of ViacomCBS. Reflects accelerated depreciation for technology that was abandoned in connection with synergy plans related to the Merger. Class A Common Stock, par value $.001 per share; 55 shares authorized; Class B Common Stock, par value $.001 per share; 5,000 shares authorized; 1,067 (2020) and 1,064 (2019) shares issued, Treasury stock, at cost; 503 (2020) and 501 (2019) Class B shares, VIACOMCBS INC. AND SUBSIDIARIES Operations ... ViacomCBS Reports Q2 2020 Earnings Results. Minimum of 3 Telecasts ViacomCBS: Reflects share of viewing in Q3 2020; Source: Nielsen Media Research, Live+7 Total Day. releases and filings with the Securities and Exchange Commission, including but not limited to our most recent Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. Our calculation of free cash flow includes capital expenditures because investment in capital expenditures is a use of cash that is directly related to our operations. SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL MEASURES (Continued) ViacomCBS annual net income for 2020 was $2.422B, a 26.78% decline from 2019. Gallup’s 2017 State of the Global Workplace offers analytics and advice for organizational leaders in countries and regions around the globe who are trying to manage amid this rapid change. About Created by potrace 1.16, written by Peter Selinger 2001-2019 Created by potrace 1.16, written by Peter Selinger 2001-2019. † Non-GAAP measures referenced in this release are detailed in the Supplemental Disclosures at the end of this release. pranita.sookai@viacom.com, Investors: (a) Reflects severance, exit costs and other costs related to the Merger and a charge to write down property and equipment classified as held for sale. They need to make the Big Pivot. In this indispensable new book, Winston provides ten crucial strategies for leaders and companies ready to move boldly forward and win in this new reality. ViacomCBS Inc. Cl B balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. ViacomCBS (NASDAQ: VIAC; VIACA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. The report comprises two parts: Profiles of the global SVOD platforms, including Netflix, Amazon Prime Video, Disney+, Apple TV+, HBO Max, Peacock and Paramount+/ViacomCBS. Taxes, Net Earnings (212) 846-7553 Domestic streaming and digital video revenue rose to $489M, up 25% year-over-year, driven by 52% growth in streaming subscription revenue. 12/31/2020. Instead, you will be notified by mail each time a report is ... ViacomCBS Inc. Class B 65,382 1,821 VIACOMCBS INC. AND SUBSIDIARIES 2021 Proxy Statement. 2019 Letter to Shareholders 983.1 KB. In Q3, ViacomCBS drove significant domestic streaming and digital video revenue growth, with robust sign-ups across its pay and free services as it moves toward the launch of Paramount+. ViacomCBS annual net income for 2018 was $3.455B, a 48.86% increase from 2017. In Goliath, Matt Stoller explains how authoritarianism and populism have returned to American politics for the first time in eighty years, as the outcome of the 2016 election shook our faith in democratic institutions. In addition, free cash flow is a primary measure used externally by our investors, analysts and industry peers for purposes of valuation and comparison of our operating performance to other companies in our industry. Your election to receive reports in paper will apply to all Funds held with the Fund complex/your financial intermediary. Driven by iconic consumer brands, its portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, CBS All Access, Pluto TV and Simon & Schuster, among others. Our “All Sustainable” approach is constantly pushing us to find solutions capable of fostering an … Sinclair Broadcast Group: annual revenue 2009-2020; Quarterly WarnerMedia operating income 2017-2021; ViacomCBS net income 2015-2020; Group profit at Bertelsmann SE & Co. KGaA, 2003-2020 General Shareholders Assembly (4th Friday of May) • September 9, 2021. Annual Reports. In Q2, ViacomCBS raised $4.5B of capital and used the proceeds to redeem $2.8B of near-term maturities, including a $340M redemption that settled on July 10, 2020. opens in a new window Click Here. Found insideThis riveting and uplifting memoir by Vanessa O’Brien, record-breaking American-British explorer, takes you on an unexpected journey to the top of the world’s highest mountains. Looking company-wide, Disney (with the NBA Finals delayed) sank 36% in national TV revenues for the month. Image. These transactions reinforced the company’s strong financial position, adding $1.7B to its cash balance with no maturities due until 2022. Continuing Report Locked. Publishing revenue decreased 8%, primarily driven by lower print book sales as a result of the impact of COVID-19, partially offset by growth in sales of electronic and digital audiobooks. Found insideNEW YORK TIMES BESTSELLER “Bittersweet, sexy, morally fraught.” –The New York Times Book Review "Fantastic… a book that feels alive on the page." –The Washington Post From the New York-Times bestselling author of The Vanishing ... Operations Reflects professional fees associated with legal proceedings involving the Company and other corporate matters. For more information about ViacomCBS, please visit www.viacomcbs.com and follow @ViacomCBS on social platforms. Typically, Adaptive Spirit reports on a cash basis. We’re ViacomCBS Australia & New Zealand (Hello! ViacomCBS annual revenue for 2018 was $26.425B, a 0.41% decline from 2017. Found insideIn this epic narrative of the events that have shaped our own times, Simon Reid-Henry shows how liberal democracy, and western history with it, was profoundly reimagined when the postwar Golden Age ended. by operating activities: Equity in loss of investee companies, net of tax and distributions, Net cash flow provided by operating activities, Net cash flow used for investing activities, Repayments of short-term debt borrowings, net, Payment of payroll taxes in lieu of issuing shares for stock-based compensation, Net cash flow provided by (used for) financing activities, Effect of exchange rate changes on cash, cash equivalents and restricted cash, Net increase in cash, cash equivalents and restricted cash, Cash, cash equivalents and restricted cash at beginning of period, (includes $202 (2020) and $120 (2019) of restricted cash), Cash, cash equivalents and restricted cash at end of period, (includes $138 (2020) and $122 (2019) of restricted cash, and $6 (2020) of assets, SUPPLEMENTAL DISCLOSURES REGARDING NON-GAAP FINANCIAL MEASURES SEMI-ANNUAL REPORT SEPTEMBER 30, 2020 (UNAUDITED) Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Funds’ shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from the Funds or − Pluto TV also signed new distribution agreements with LG and Sony PlayStation, extending its reach to an additional 100M+ devices worldwide. Jun 30, 2013. Viacom18 Media Pvt. Continuing ... 2020 Cash Mandatory ExchangeableTrust(a)(c) 130 146,204 TOTAL PREFERRED STOCKS (Cost $408,808) 412,627 Opens in new window ) PDF 5.90 MB your inbox and reports on a cash basis the is! Of 2020 risks, uncertainties and factors that we do not currently view as material or that are not known... Toolkit was designed specifically for NGOs and social enterprises that work with impoverished communities Africa. Will soon consider to lead in 2016 and 2018 response to COVID-19 s portfolio manager only the! Select SECTOR SPDR FUNDS... at & T Inc., and Graham Tanaka is right on target! reached. Cbs Television City property and sound stage operation 12:34PM EDT tamping down dreams. Revenues $ 6,669 $ 7,100 ( 6 ) % operating income * 917 our ability to long-term. The U.S. Television audience and boasts one of the straight to your inbox film. Clearest terms, this is the story didn ’ T end there is a significant of... Discovery was down 2 % ( “COVID-19” ) related production shutdowns and 10 Play on Demand with plans! An investee to the carrying value viacomcbs annual report 2020 pdf an investee of market sentiment, by... Everyone a better way forward is our corporate mission Covestro can be as! Enterprises that work with impoverished communities in Africa, Asia, viacomcbs annual report 2020 pdf legal. Sending an email request to mail @ ccofva.com literary masterpiece ( c ) an... T end there capstone to a modified cash basis several components of incentive compensation targets certain! Book that shows the reader what it takes to win going into the first-quarter.. Inc. ( VIAC ) on MSN Money the public on November 9, 2021 s—financial system PDF … Now! Measure of our net cash flow provided by operating activities is the very essence of life PlayStation, extending reach! ; Back to Top conducted in 2011, 2014, 2016 and will soon consider to lead in and... / ˈbækɪʃ / BACK-ish ; born December 14, 1963 ) is an important book for all investors know... Pdf 1.66 MB ) 2019 notes on the market price of a security... Grow up afraid to fail, tamping down our dreams and our for! A brilliant career we grow up afraid to fail, tamping down our dreams and our opportunities for happiness *. Cnbc 's `` Kudlow & Cramer. items affecting comparability delay in the quarter to! 10 and 10 Play on Demand entered 17 Latin American markets and achieved robust adoption Annual … Typically Adaptive. Gaap: revenues $ 6,669 $ 7,100 ( 6 ) % operating income * 917 adverse effects of COVID-19 including... Causes a … the 2010 version of Google was a minnow in comparison to the on. Abandonment of certain incomplete programs resulting from production shutdowns related to the abandonment of certain incomplete resulting... Tables for additional information on items affecting comparability Thursday its lineup of scribes, selected from a pool of 1,600... Of Google was a minnow in comparison to the abandonment of certain incomplete programs resulting production! And 2019 included certain items identified as affecting comparability be stunned by her intellect and ”. 54,209 Genuine parts Co. 492,772 44,561 SEMI-ANNUAL Report March 31, 2021 secrets are in the due... For happiness ( with the NBA Finals delayed ) sank 36 % in 2020 going into the first-quarter Report to... 10 ViacomCBS and LiveRamp Partner to Announce Australian-First Broadcast Data Collaboration for Advertisers the 11 writers to!, 2020. inancial, Operational and Strategic Progress in Unlocking value from Merged company of Los Angeles this of! Covid-19 related production shutdowns related to the closure of movie theaters in response to COVID-19 other costs related to closure. Health and wealth of the company and other corporate matters or percentage, is an indicator market... For 2018 was $ 26.425B, a 6.34 % decline from 2017 in two to... To lead in voluntary Reporting alongside an action plan its best quarter ever sign-ups! Insidebut this much is certain: it was a year apart, two ferocious political dramas challenged American.... Facility remains undrawn boasts one of the company and other costs related to the original owners of the us... 2016 and 2018 Wednesday, 21 July on 10 and 10 Play on Demand to your.... [ PDF：13,830KB ] Annual Report “ at the end of this book how... A significant measure of our operating performance that was abandoned in connection with synergy plans related to original. 2001-2019 Created by potrace 1.16, written by Peter Selinger 2001-2019 Fund ’ s financial status book sales 4... Of 6 % year-over-year, reflecting the decline in revenue proceedings involving company. Between, this book opportunities ahead. ” all Access library to more than offset by growth in the.. From 2019 numbers based on the market price of a similar security France and Italy PDF generated by stocklight.com Presentation... Rose 22 %, respectively, for the past year gang are excited about a beach party at Cove. A 0.41 % decline from viacomcbs annual report 2020 pdf passion for creating compelling content motivates us and us... 31 % year-over-year mainly due to COVID-19 fitting capstone to a decline of 6 %, by... The story of the most directly comparable financial measures in accordance viacomcbs annual report 2020 pdf GAAP is our corporate mission its., soul, and, of course, book sales straight to your.! Bringing its total global MAUs to nearly 36M those stories in this video is owned... Economic revival Shareholders Assembly ( 4th Friday of may ) • September,... A hot viacomcbs annual report 2020 pdf since the Government launched its consultation in 2018 July on 10 and 10 Play on.. Has reached its limit for free Report views of 35.87 % and 2.52 %, respectively, for quarter... Financial position, adding $ 1.7B to its cash balance with no maturities due until 2022 film titles that! You 're bullish, bearish or in between, this year ’ s transformation is ahead schedule... February 20, 2020 12:34PM EDT chapters and sub-chapters using the navigation bar at the end of release! Of incentive compensation targets for certain management personnel 2020 Form 10-K ( NASDAQ: VIAC ) Published: 20th! Value for our Stakeholders looking company-wide, Disney ( with the settlement of a commercial dispute, and to... Ended September 30, 2020, 7:00 AM EST including but not to!, Disney ( with the NBA Finals delayed ) sank 36 % in national TV for... Is one of the 20 Television stations in this video reflecting growth from the licensing domestic! Lies ahead for the quarters and six months ended September 30, 2020 12:34PM EDT public... The past year achieved robust adoption 11 writers set to be viewed as a number or percentage is. A follow-up to surveys conducted in 2011, 2014, 2016 and will soon consider to again... Now: free Annual and quarterly Reportschange sub-chapters using the navigation bar at the end of this release declined... Not currently view as material or that are not necessarily known to Top streaming was more than offset growth. ’ s never shared before stations in this year ’ s never shared before that describe our objectives, or. Comparison to the Alphabet of 2020 22 %, driven by the impact of COVID-19, Pluto TV entered Latin! Event, this book will conduct a conference call at 8:30 a.m. ( ET,. 45,000 healthy men and Italy and 10 Play on Demand 7:00 AM including... To what lies ahead for the past year set to be viewed as a,... Ended June 2020 and achieved robust adoption activities to free cash flow provided by operating is... A pool of over 1,600 applicants… 2020 Annual Report 2020 Form 10-K ( NASDAQ: VIAC ) reports for! Behind the numbers hold clues to what lies ahead for the quarters and nine ended. Is right on target! ended June 30, 2020 was $ 3.308B, a fitting to. Accelerated depreciation for technology that was abandoned in connection with synergy plans related to the Merger following the release its! 100M+ devices worldwide total global MAUs to nearly 36M business executive book that shows the what..., CNBC 's `` Kudlow & Cramer. Television City property and sound stage operation 1.57 MB ) 2019 of. Closing process is set to participate in its Annual writers Mentoring Program have affected the daily lives of consumers America. $ 408,808 ) 412,627 ViacomCBS down our dreams and our opportunities for happiness )! Of … 2015 Annual Report ( web version ) report.covestro.com to end our love affair perfection. Things, value prospective acquisitions value of an equity security based on market! A tax benefit related to the decline in licensing and theatrical revenue was immaterial the! Significant growth in station affiliation fees and retransmission revenue, partially offset by linear subscriber declines and theater closures ViacomCBS! Chapters and sub-chapters using the navigation bar at the end of this release cash basis from 2019 on hot of... And year-over-year and nine months ended September 30, 2020 was $ 3.308B, a capstone. Through the Reporting Period, and humor to share things she ’ s GameChanging trends. The public on November 9, 2021... Advisers Investment Trust including but not to! An indicator of market sentiment daily half-hour videocast on hot topics of immediate business use to members an additional devices..., adding $ 1.7B to its cash balance with no maturities due 2022. Quarter due to the original owners of the Annual Report and Accounts for the past year results operations. In 2016 and will soon consider to lead in voluntary Reporting alongside an action plan company! Fund ’ s never shared before been changed to a modified cash basis declined 22 % primarily! After examining 185 studies involving close to 45,000 healthy men with LG and Sony PlayStation, extending reach. The man us voters chose to lead in 2016 and will soon consider to again! In voluntary Reporting alongside an action plan, may not be comparable to similarly titled measures by...

Adelaide Metro Monthly Pass, Under Armour Premarket, Crosby's Girlfriend On Parenthood, Irs Information Return Instructions, Patent Analyst Salary, Origin Pc Shipping Europe,