After closing a $11.7 billion merger in December, ViacomCBS is expected to unveil a new streaming service in late February
The new streaming product is envisioned as a broad offering that will include news and sports along with scripted and unscripted content. Currently, CBS All Access and Showtime together boast about 10 million subscribers, with All Access priced at $6 and Showtime at $11.
Meanwhile, Viacom's advertising-supported streaming service Pluto TV, which it acquired for $340 million in January 2019, counts 20 million monthly users, the company said during a Nov. 14 earnings call. The conglomerate's BET direct-to-consumer service BET+, which launched last September, is expected to continue as its own product as is CBSN, the streaming channel powered by CBS News.
More details about forthcoming service — including a name and price — are expected to be unveiled on February 20, when ViacomCBS reports its fourth quarter earnings. CNBC first
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