ViacomCBS wants $3bn streaming war chest
ViacomCBS plans to sell $3 billion (€2.5bn) in stock to invest in streaming. The group launched its D2C streaming service Paramount+ earlier this month, and in 2019 it bought Pluto TV, an ad supported streaming platform. A year ago, after Viacom and CBS were re-combined, ViacomCBS shares traded at $11.28. They were $36 in December […]