ViacomCBS and NENT Group partner for Pluto TV's launch in the Nordics

NEW YORK and STOCKHOLM, Nov. 29, 2021 /PRNewswire/ -- ViacomCBS Networks International (VCNI), a division of ViacomCBS (NASDAQ: VIAC, VIACA), and Nordic Entertainment Group (NENT Group) today announced a ground-breaking partnership for a new Pluto TV service across Sweden, Denmark and Norway in 2022. The service combines ViacomCBS' world-leading free ad-supported streaming TV (FAST) service with the biggest pan-Nordic AVOD platform Viafree. NENT Group will serve as the platform's leading advertising sales partner.

Pluto TV will introduce the new FAST/AVOD platform with curated

channels and on-demand programming featuring international and local content. Viewers will be able to enjoy Viafree local favorite shows such as 'Paradise,' 'Luxury Trap' and 'Familien fra Bryggen', alongside global content from ViacomCBS' library such as 'The Hills,' 'Awkward,' 'MTV Unplugged' and 'Catfish', and content from multiple partners packaged in thematic channels like Pluto TV Movie, Pluto TV Crime, Pluto TV History, and Pluto TV Comedy, among others.

"Continuing to expand Pluto TV as the world-leading free ad-supported streaming TV service is a critical element of our streaming strategy, and we are delighted to partner with NENT Group to create this new and expanded version of Pluto TV. The combination of our global content pipeline and Pluto TV's best-in-class tech global platform, with NENT Group's ad sales scale and powerful local Viafree content, will position Pluto TV as the leading player in the growing FAST/AVOD space," said Raffaele Annecchino, President and CEO of VCNI. "Overall, this transformational partnership will boost Pluto TV's growth internationally, and we expect to replicate this strategic model across key international markets."

Anders Jensen, NENT Group President and CEO: "We are happy to have found a new and stronger way forward for Viafree through this innovative partnership that creates significant value for all parties. Viewers can enjoy Viafree's most loved formats as part of Pluto TV's broad FAST and AVOD offering, while we are able to offer advertisers an even more attractive proposition. With this, we are taking an important further step to sharpen our focus on our fast-growing Viaplay SVOD service, which we expect to have at least twelve million subscribers in 2025."

Following the launch of Pluto TV, Viafree will be phased out as a stand-alone platform.

Pluto TV is available in 26 markets globally, including the US, Latin America, and Europe.