Viacom buys the free video streaming service Pluto.tv for $340 million

Viacom buys the free video streaming service Pluto.tv for $340 million
Viacom is bucking the trend of launching new premium subscription-based entertainment offerings with its bid to acquire Pluto TV for $340 million in cash. It’s a way to distribute the company’s once mighty-with-millennial properties like Cartoon Network, Comedy Central, MTV and BET to an audience that doesn’t pay for cable and ... read more
Source- Techcrunch.comPublished on 2019-01-22By Jonathan Shieber
4 weeks ago
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