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Viacom is going to movies with tv combine

Viacom is going to movies with tv combine

Photo: EPA

The American media company Viacom is going to be a film studio Paramount Pictures committed to his tv-channels, forward and reverse.

Movies get a new life as a television series, while there are also more movies on the basis of a series will be made, the parent company of MTV, Nickelodeon and Comedy Central Thursday known.

Viacom tried Paramount last year, largely to sell, but see the filmtak now as an important part of his new strategy. It should be about half of the new movies in the coming years are based on the television series of the group. Which plan should the company, under the leadership of the new ceo Bob Bakish, help the competition from streaming services like Netflix to resist.

Viacom saw its turnover last quarter with a 5 percent increase to 3.3 billion dollars. The net profit fell by 12% to 396 million dollars.

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