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Pluto TV. Pluto TV is a free ad-supported streaming television (FAST) service owned and operated by the Paramount Streaming division of Paramount Global. [1] Founded by Tom Ryan, Ilya Pozin and Nick Grouf in 2013 and based in Los Angeles, California, [2] Pluto is available in the Americas and Europe. It primarily offers content through digital ...
Jul 8, 2024 · Paramount+ Will Make Big Changes Under New Ownership. Paramount Global has agreed to merge with Skydance Media. This deal will "fortify" the Paramount+ and Pluto TV streaming services with "best-in-class" technology and an increased cashflow. Both companies expect the merger to be completed by mid 2025.
- Andrew Heinzman
- Editor
- What Is Pluto TV?
- A Short History of Pluto TV
- How Does Pluto TV Make Money?
- Pluto TV Funding, Revenue & valuation
- Who Owns Pluto TV?
Pluto TV is an over-the-top (OTT) streaming platform that allows users to consume live television and video content on-demand. Users can access the content free of charge (instead of paying for a monthly subscription). Pluto TV is supported via ads that are served within the video content. Users, in fact, don’t even have to register an account. As ...
Pluto TV, headquartered in Los Angeles, California, was founded in 2013 by Tom Ryan (CEO), Ilya Pozin, and Nick Grouf. Prior to launching Pluto TV, all three founders held various executive roles at established companies as well as their own startups. Grouf, who is a founding investor of Pluto and served as the firm’s CEO in its first few months, g...
Pluto TV makes money via advertising. These commercials are shown whenever you switch channels or within the content itself. Consequently, Pluto TV relies on an advertising-based business model. The length of commercials is dependent on the types of ads served as well as its medium. When switching channels, ads normally last for 30 to 60 seconds wh...
According to Crunchbase, Pluto TV has raised a total of $51.8 million across 6 rounds of venture capital funding. Notable investors include Samsung Ventures, LionTree Partners, Luminari Capital, Third Wave Digital, ProSiebenSat.1 Media SE, and many more. The last time Pluto’s valuation was disclosed was when its business was acquired by Viacom for ...
Pluto TV is fully owned by ViacomCBS. Viacom, in January 2019, announced that it would acquire 100 percent of the company for $340 million in cash. Pluto TV, based on that price tag, represents less than one percent of ViacomCBS’ market capitalization, which is currently valued at $58 billion. It can, nonetheless, be assumed that Pluto’s valuation ...
Apr 1, 2024 · Viacom, one of Paramount Global ’s two predecessor companies, acquired Pluto TV for $340 million in cash in January 2019. Ryan stayed on board as chief exec of Pluto, and in October 2020 he ...
- Todd Spangler
Jul 15, 2024 · The financial metrics of Pluto TV and its platform usage have been a mystery since Viacom acquired it for $340 million in cash in January 2019. In 2022, several Pluto TV executives said the company exceeded $1 billion in revenue in 2021 and was profitable.
Citing “multiple sources,” Streaming Media Blog says that talks have taken place between Paramount and Pluto’s co-founder — and current Paramount head of streaming — Tom Ryan about ...
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Jan 24, 2019 · The most recent indication of this trend was Viacom’s agreement to acquire Pluto TV, the leading free service in the U.S. The deal marks a significant moment in Viacom’s evolution. At $340 million, it’s the company’s largest digital deal to-date and will expand Viacom’s distribution and advanced advertising capabilities with a direct ...
