The Viacom CEO called Pluto TV the "cornerstone of our direct-to-consumer strategy."
Ian Gavan/MTV 2018/Getty Images for MTV
Bob Bakish acknowledged Tuesday (February 26, 2019) that Viacom "kind of took it on the chin for two years with respect to distribution revenue" by making the decision not to do the sort of big, bundled licensing deals with Netflix and the other streamers that its competitors were doing.
Bakish said Viacom, where he is Chief Executive Officer (CEO), "curtailed" licensing content to Subscription Video on Demand (SVOD) services in 2017 because it didn't want to damage the cable TV ecosystem, even in exchange for short-term profits. Therefore, Viacom has "warehoused a set to rights" that will go to Pluto TV, the ad-supported streaming service it agreed to buy in January for $340 million.
The CEO said Pluto will be getting access to Viacom's library but that its latest and greatest content is still reserved for paying cable and satellite subscribers.
"It's important to note that this is a global opportunity" even though Pluto for now is largely focused on the U.S. "They just launched in Germany and the U.K. at the end of calendar 2018, but with Viacom we have operating footprint that is truly globe-spanning," he said.
Bakish called Pluto "a powerful new driver" of business as it seeks new deals with operators that carry its channels, like Nickelodeon, Comedy Central, MTV, VH1 and more, because some will also opt to distribute Pluto.
"And by the way, the last thing it is, is it's the cornerstone of our direct-to-consumer strategy...it's a free service that is the entry point into that ecosystem, but we will upsell targeted B2C products above that — Noggin, Comedy Central, a new Nickelodeon product," he said.
Bakish, speaking at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, also raved about the hiring of Brian Robbins in October to head Nickelodeon where he noted a strong slate of new shows and also that the ratings declines at the children's network are "significantly less bad than they were before."
The turnaround at the Paramount film and TV studio has been going great, with seven quarters of improvement in operating income and is on track to turn a profit in fiscal 2019, Bakish said.
He said the BET-branded movie What Men Want will likely make $60 million domestically (it's at $45 million now) and predicted, "we're going to make nice money on that."
Bumblebee is at $459 million worldwide and will be "solidly profitable" while the previous movie in the Transformers franchise lost $100 million for Paramount, Bakish said.
On the studio's TV side, "it didn't exist four years ago, crossed $400 million in 2018 and it should grow on the order of 50 percent in 2019. Importantly, it's not just delivering shows, it's producing hits," he said, noting the popularity of Jack Ryan on Amazon.
كيف تحصل على مدونة جاهزة بآلاف المواضيع والمشاركات من هنا
شاهد قناة منتدى مدونات بلوجر جاهزة بألاف المواضيع والمشاركات على اليوتيوب لمزيد من الشرح من هنا
رابط مدونة منتدى مدونات بلوجر جاهزة بآلاف المواضيع والمشاركات في أي وقت حــــتى لو تم حذفها من هنا شاهد صفحة منتدى مدونات بلوجر جاهزة بألاف المواضيع والمشاركات على الفيس بوك لمزيد من الشرح من هنا
تعرف على ترتيب مواضيع منتدى مدونات بلوجر جاهزة بآلاف المواضيع والمشاركات (حتى لا تختلط عليك الامور) من هنا
ملاحظة هامة: كل عمليات تنزيل، رفع، وتعديل المواضيع الجاهزة تتم بطريقة آلية، ونعتذر عن اي موضوع مخالف او مخل بالحياء مرفوع بالمدونات الجاهزة بآلاف المواضيع والمشاركات، ولكم ان تقوموا بحذف هذه المواضيع والمشاركات والطريقة بسيطة وسهلة. ــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــسلامـ.
Original Genius Brands International, Inc. Press Release via GlobeNewswire:
Genius Brands International, Inc. Issues Shareholder Letter
Genius Brands International's Preschool brands, Rainbow Rangers, and Llama Llama
Genius Brands International Launches Retail Programs for Rainbow Rangers and Llama Llama in 2019
Photo: Genius Brands International, Inc.
BEVERLY HILLS, Calif., March 13, 2019 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. “Genius Brands” (NASDAQ: GNUS), the global brand management company that creates and licenses multimedia entertainment content for children, released a letter to shareholders from Chairman & CEO Andy Heyward. The complete letter follows:
RAINBOW RANGERS RATINGS ON NICK JR. CONTINUE TO SOAR!!
“WALMART AND VITAMINS!!!”
Dear Genius Brands International Shareholders:
Last weekend I had the privilege to be the Master of Ceremonies for the annual fundraising gala for the Helen R. Walton Children’s Enrichment Center, in Bentonville, Arkansas, chaired by Jim Iannone, CEO of Sam’s Club.com. It was a spectacular event for the worthiest cause and capped a weekend for me in Bentonville and Northwest Arkansas. In addition to the event, I was also a guest on the local Late-Night talk show, “Later with Jason Suel.” The following morning on Sunday, I was fortunate to be given a private tour of the original Walton’s 5&10 store on Main Street in Bentonville.
You might wonder what this has to do with building the Rainbow Rangers brand or Genius Brands International? In a word…EVERYTHING.
With the demise of Toys“R”Us, the importance of Walmart, which was already immense, has increased by orders of magnitude. Every week in the United States, Walmart has approximately 170 million customers. Think of it this way: 1 out of every 2 men, women, and children in America are shopping in a Walmart every single week.
It is not only the #1 destination for toys, but for virtually every category of commerce one can imagine, including apparel, publishing, school supplies, bedding, costumes, party goods, backpacks, sleepwear, bicycles, health and beauty, and so forth.
With over 350 product SKUs for Rainbow Rangers alone coming to the market, having a first-class relationship with Walmart is essential. Of course, other mass retailers such as Target and Amazon are also significant, but we cannot ignore that Walmart alone, has over 50% of the market share.
Having said the above, let’s talk a little about Rainbow Rangers.
The show continues to perform exceptionally well on Nick Jr. We have been in a number of different time periods since we launched last November 5. The show broadcasts Monday through Friday in the afternoon, and then again on Sunday mornings. Six days a week is a powerful statement for a broadcaster and a massive vote of confidence. We have had many different lead-ins, including Dora the Explorer (Sundays), Sunny Day, Shimmer and Shine, and Nella the Princess Knight.
Across the entire season to date, Rainbow Rangers has been able to improve upon the ratings of its lead-in shows.
The industry ‘buzz’ for Rainbow Rangers continues to grow. From the start, I have said that this program has every possibility to become the next Paw Patrol, a multi-billion dollar brand, and in the most recent Toy Book, the new CEO of TRU Kids, Richard Barry, actually links the successes in preschool, of Paw Patrol with Rainbow Rangers.
"Finally, another stable category in which we predict continued growth is preschool, with product from kids’ favorite programs, such as Paw Patrol, PJ Masks, Peppa Pig, and Rainbow Rangers, seeing the most action.” (Richard Barry) https://toybook.com/state-of-the-industry-qa-tru-kids-brands/
We are actively planning our second season with the various stakeholders, and we anticipate announcing this news formally and indicated what that means when we hold our Investor Conference Call on April 1, upon the filing of our 10K.
In the meantime, let’s look at some of the products coming to market from bothRainbow Rangers (Nickelodeon) and Llama Llama (Netflix). (see attached image)
These products will be powerful drivers of Genius Brands revenue and earnings for the future. They are all top-tier manufacturers, and virtually all are the same Disney licensees that create products for Frozen, The Avengers, The Incredibles, and the like.
Llama Llama continues to perform successfully on Netflix where we have just begun deliveries of the second season, and the new episodes are looking even better than the first season. Netflix has repeatedly expressed their excitement about the new season’s episodes. We have also expanded the storyline of Llama Llama by adding a character with disabilities who is not only a strong positive character but also who strongly supports the message of diversity and inclusivity, and has been extremely well received across our licensing base as well.
As we get closer and closer to Rainbow Rangers products on shelf, the brand continues to grow each week, and we are more excited than ever about the future!!
-Andy
Forward-Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
كيف تحصل على مدونة جاهزة بآلاف المواضيع والمشاركات من هنا
شاهد قناة منتدى مدونات بلوجر جاهزة بألاف المواضيع والمشاركات على اليوتيوب لمزيد من الشرح من هنا
رابط مدونة منتدى مدونات بلوجر جاهزة بآلاف المواضيع والمشاركات في أي وقت حــــتى لو تم حذفها من هنا شاهد صفحة منتدى مدونات بلوجر جاهزة بألاف المواضيع والمشاركات على الفيس بوك لمزيد من الشرح من هنا
تعرف على ترتيب مواضيع منتدى مدونات بلوجر جاهزة بآلاف المواضيع والمشاركات (حتى لا تختلط عليك الامور) من هنا
ملاحظة هامة: كل عمليات تنزيل، رفع، وتعديل المواضيع الجاهزة تتم بطريقة آلية، ونعتذر عن اي موضوع مخالف او مخل بالحياء مرفوع بالمدونات الجاهزة بآلاف المواضيع والمشاركات، ولكم ان تقوموا بحذف هذه المواضيع والمشاركات والطريقة بسيطة وسهلة. ــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــسلامـ.
Paramount Animation and Nickelodeon’s Wonder Park opened in its first 19 offshore markets this session, taking in $4.3M. This is just 13% of the international footprint on the long-gestating and critically-hammered animated pic. Family-friendly Brazil was the best debut at $1.7M from 437 sites which was good for 2nd place. Indonesia was also a No. 2 start with $276K from 200 locations. Rollout continues through the rest of the month and into April, playing into Easter break in Mexico, Spain and the UK.
###
Wonder Park is currently number 2 at the U.S. Box Office!
"Paramount’s [...] animated feature Wonder Park opened to $16M and though better than the $10M-$14M it was expected to do, isn’t enough to consider this under-$100M production a success. A $20M-plus opening would have been a better optic (some rivals were estimating on Friday that Wonder Park might actually get there). The movie has been challenged to reach the big screen since its production start five years ago. It’s a younger-skewing pic, with kids under 9 repping 53% of the under-12 crowd. Kids give the pic 4 stars and the under 18 set an A, but it’s the parents that have to sit through this and they’re not impressed with a 3 1/2 stars on PostTrak. Famlies repped 62%. CinemaScore is B+. Ironically the title isn’t uttered in the movie; they call it ‘Wonderland’. Disney’s Dumbo will soon be here on March 28 to shut Wonder Park down.
Diversity breakdown for Wonder Park was 52% Caucasian, 20% Hispanic, 17% Asian/Other, and 11% African-American. Wonder Park played best in the Mid & South-West with Dallas, Houston, Phoenix, San Antonio, Toronto, Kansas City leading the way.
While Wonder Park has been without a director since Jan. 2018, when Dylan Brown was fired for inappropriate and unwanted conduct, the pic’s problems were apparent well before Paramount animation changed its leadership ranks (Bob Bacon exited in August 2015; DreamWorks Animation’s Mireille Soria arrived in July 2017), and there’s only so many fixes that can be done on an animation film in its latter phases of production. Word is that the mother originally died in the film, and that was considered too severe. If the story is complete, the animation and character design are already on a runway, and to go back in and fix would have cost the studio millions. In such cases, there’s some tweaks that can be done with dialogue or small animation sequences to make up for missing logic. One rival animation insider told us 'The campaign isn’t horrible. It just seems that all the good parts of the movie are in the trailer.'"
Please note than any opinion expressed in the above quotes are of Deadline, and not of NickALive!.
Previous updates:
[...] Wonder Park is seeing $5.3M Friday, with its projected weekend down from the $20M-plus we were seeing yesterday, with $16.7M in No. 2, a noble start for the under-$100M production, which has been challenged to reach the big screen since its production start five years ago. It’s a younger-skewing pic, with kids under 9 repping 53% of the under-12 crowd. Kids give the pic 4 stars, while parents are less enthused at 3 1/2. It’s a better start then expected; this film was expected to die between $10M-$14M. However, $20M-plus for this production would be a better optic. CinemaScore is B+. Maybe matinees push Wonder Park (a title that’s not even uttered in the movie; they call it ‘Wonderland’) to $20M. But no one sees it that way at this point in the AM.
Diversity breakdown for Wonder Park was 53% Caucasian, 20% Hispanic, 17% Asian/Other, and 10% African-American. Wonder Park played best in the Mid & South-West with Dallas, Houston, Phoenix, San Antonio, Toronto, Kansas City leading the way.
While Wonder Park has been without a director since Jan. 2018, when Dylan Brown was fired for inappropriate and unwanted conduct, the pic’s problems were apparent well before Paramount animation changed its leadership ranks (Bob Bacon exited in August 2015; DreamWorks Animation’s Mireille Soria arrived in July 2017), and there’s only so many fixes that can be done on an animation film in its latter phases of production. Word is that the mother originally died in the film, and that was considered too severe. If the story is complete, the animation and character design are already on a runway, and to go back in and fix would have cost the studio millions. In such cases, there’s some tweaks that can be done with dialogue or small animation sequences to make up for missing logic. One rival animation insider told us “The campaign isn’t horrible. It just seems that all the good parts of the movie are in the trailer.”
Original post:
Wonder Park, an animated family film from Paramount Animation and Nickelodeon Movies, earned $700,000 (USD) in its Thursday (March 14, 2019) box office previews from 2,620 screens. The pic opens on approximately 3,838 screens this weekend and is expected to do between $10M-$14M. The film is also rolling out worldwide over the coming weeks.
Paramount is looking at an opening weekend between $10-$14 million for the children’s fantasy tale, but it will be contending with Marvel's new superhero film Captain Marvel. Wonder Park is tracking similarly to Paramount’s Sherlock Gnomes, which opened in March last year to $10.6 million on a $59 million budget.
Wonder Park tells the story of a magnificent amusement park where the imagination of a wildly creative girl named June comes alive. One magical day, June is running through the woods to find her way home where she discovers an old rollercoaster car and climbs inside. She suddenly finds herself in Wonderland, an amusement park she had created in her mind and put aside. All of her rides and characters are brought to life but are falling into disarray without her. Now, with the help of her fun and lovable park characters, June will have to put the wonder back in Wonderland before it is lost forever.
The flick cost an estimated $100M net to produce and has been in the works since 2014, when the late Brad Grey was in charge of the lot. Previews kicked off on Thursday, March 14, 2019.
The star-studded voice cast of Wonder Park includes Matthew Broderick (Ferris Bueller's Day Off, Rules Don’t Apply, The Producers) as Dad, Jennifer Garner (Nine Lives, The Tribes of Palos Verdes) as Mom, Kenan Thompson (All That, Kenan & Kel, Good Burger, SNL) as Gus, Ken Jeong (Kung Fu Panda: Legends of Awesomeness, Bob’s Burgers) as Cooper, Mila Kunis (Family Guy, A Bad Moms Christmas) as Greta, John Oliver (The Daily Show, Last Week Tonight with John Oliver, live-action Lion King) as Steve, Ken Hudson Campbell, who voices Boomer the Bear, Sofia Mali as Young June, Brianna Denski (Momsters: When Moms Go Bad) as June, Oev Michael Urbas as Banky, Norbert Leo Butz (Bloodline) as Peanut, Kate McGregor-Stewart as Aunt Albertine, Kevin Chamberlin as Uncle Tony, Kath Soucie (Rugrats, Hey Arnold!) as Bus Counselor Shannon, and Noen Perez as Chatty Kid.
The PG-rated film is written by Josh Appelbaum and André Nemec (Teenage Mutant Ninja Turtles: Out of the Shadows) from a story by Applebaum (Origin), Nemec (Knightfall), and Robert Gordon (Galaxy Quest). Appelbaum, Nemec, and Kendra Haaland serve as producers, with Karen Rosenfelt and Don Hahn executive producing. The movie is being produced by Paramount Animation, Nickelodeon Movies and Ilion Animation Studios. A director has yet to be announced for the movie.
Also opening this weekend are Five Feet Apart from Lionsgate, starring Haley Lu Richardson and Cole Sprouse, and Captive State from director Rupert Wyatt via Focus Features.
Wonder Park is scheduled to roll into theaters on Friday, March 15, 2019. An animated television series based on the film will also debut on Nickelodeon in 2019.
Originally published: Friday, March 15, 2019.Follow NickALive! on Twitter, Tumblr, Reddit, via RSS, on Instagram, and/or Facebook for the latest Nickelodeon Movies and Wonder Park News and Highlights!
كيف تحصل على مدونة جاهزة بآلاف المواضيع والمشاركات من هنا
شاهد قناة منتدى مدونات بلوجر جاهزة بألاف المواضيع والمشاركات على اليوتيوب لمزيد من الشرح من هنا
رابط مدونة منتدى مدونات بلوجر جاهزة بآلاف المواضيع والمشاركات في أي وقت حــــتى لو تم حذفها من هنا شاهد صفحة منتدى مدونات بلوجر جاهزة بألاف المواضيع والمشاركات على الفيس بوك لمزيد من الشرح من هنا
تعرف على ترتيب مواضيع منتدى مدونات بلوجر جاهزة بآلاف المواضيع والمشاركات (حتى لا تختلط عليك الامور) من هنا
ملاحظة هامة: كل عمليات تنزيل، رفع، وتعديل المواضيع الجاهزة تتم بطريقة آلية، ونعتذر عن اي موضوع مخالف او مخل بالحياء مرفوع بالمدونات الجاهزة بآلاف المواضيع والمشاركات، ولكم ان تقوموا بحذف هذه المواضيع والمشاركات والطريقة بسيطة وسهلة. ــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــسلامـ.
