Associated Banc-Corp
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Financials : Banks | Small Cap Value
Company profile

Associated Banc-Corp is a United States-based bank holding company. The Company provides banking and nonbanking products and services to individuals and businesses. The Company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The Corporate and Commercial Specialty segment consists of lending and deposit solutions to larger businesses, developers, not-for-profits, municipalities, and financial institutions, and the support to deliver, fund, and manage banking solutions. The Community, Consumer, and Business segment consists of lending, deposit solutions, and ancillary financial services, primarily insurance and risk consulting, to individuals and small to mid-sized businesses. The Risk Management and Shared Services segment includes key shared corporate functions, parent company activity, intersegment eliminations, and residual revenues and expense.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$22.80
Day's Change
-0.10 (-0.44%)
Bid
--
Ask
--
B/A Size
--
Day's High
22.92
Day's Low
22.62
Volume
(Heavy Day)
Volume:
1,411,822

10-day average volume:
986,409
1,411,822

ViacomCBS Networks International Completes Acquisition of Chilevision

8:00 am ET September 30, 2021 (BusinessWire) Print

ViacomCBS Networks International (VCNI), a division of ViacomCBS Inc. (NASDAQ: VIAC, VIACA), today announced the closing of the previously announced acquisition of Chilevision from WarnerMedia, a division of AT&T (NYSE: T).

The acquisition includes Chilevision's market leading free-to-air (FTA) television network, which is Chile's most watched television channel this year to-date, with an average of 8.3 points of HH rating and the largest growth, +11% HH rating, compared to 2020.* The investment also includes Chilevision's substantial library of content spanning multiple genres including sports, entertainment, and news, as well as its vast production capabilities. These attributes, Chilevision network's reach, and a windowing strategy of its content pipeline through free, paid, and premium, will serve as a valuable marketing vehicle for VCNI's Spanish language ecosystem, and expand VCNI's studio, streaming and linear presence in the region.

"Our investment in Chilevision strategically expands ViacomCBS' global ecosystem, strengthening our position as a leading Spanish-language content producer," said Raffaele Annecchino, President and CEO, ViacomCBS Networks International. "As we rapidly grow our streaming services worldwide, we've seen the power our free-to-air channels like Telefe in Argentina, Network 10 in Australia, and Channel 5 in the UK have to fuel Paramount+ and Pluto TV. Spanning every platform and price point, our diversified ecosystem is what continues to set ViacomCBS apart in the streaming landscape as we drive subscribers across our platforms and connect audiences with more premium, original content."

Chilevision will fall under the leadership of Juan "JC" Acosta, President of ViacomCBS International Studios and Networks Americas. Additional leadership appointments will be made soon.

Financial terms of the transaction were not disclosed.

(*2021 from Kantar Ibope Media).

ViacomCBS Networks International (VCNI)

ViacomCBS Networks International (VCNI), a unit of ViacomCBS Inc. (NASDAQ: VIAC, VIACA), is comprised of many of the world's most iconic consumer brands. Its portfolio includes Channel 5, Telefe, Network 10, Nickelodeon, MTV, Comedy Central, BET, Paramount Network, as well as streaming services Paramount+ and Pluto TV, and ViacomCBS International Studios, among others. In addition to offering innovative streaming services and digital video products, VCNI provides powerful capabilities in production, distribution and advertising solutions for partners on five continents and across more than 180 countries.

VIAC-IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20210930005103/en/

SOURCE: VIACOMCBS INC.

ViacomCBS Networks International (VCNI): 
Janice Gatti
Senior Vice President, Communications
1-917-494-3701
janice.gatti@viacomcbs.com 

Ashley Priest
Director, Communications
1-646-285-6081
Ashley.priest@viacom.com 

Investors: 
Anthony DiClemente
Executive Vice President, Investor Relations
(917) 796-4647
anthony.diclemente@viacomcbs.com 

Jaime Morris
Vice President, Investor Relations
(646) 824-5450
jaime.morris@viacomcbs.com 

Robert Amparo
Manager, Investor Relations
(347) 223-1682
robert.amparo@viacom.com
comtex tracking

COMTEX_394306330/1006/2021-09-30T08:00:04

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