ViacomCBS said it made a deal to launch Pluto TV in Nordic countries combined with NENT Group’s ad-supported VOD platform Viafree.
The service will launch in 2022 in Sweden, Denmark and Norway, with NENT Group leading the advertising sales efforts in the region.
“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."
Viewers will see Pluto TV channels such as Pluto TV Movie, Pluto TV Crime, Pluto TV History, and Pluto TV Comedy and ViacomCBS library content including The Hills, Awkward, MTV Unplugged and Catfish, along with Viafree shows like Luxury Trap and Familien fra Bryggen.
Following the launch of Pluto TV, Viafree will be phased out as a stand-alone platform.
"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,” said Anders Jensen, NENT Group president and CEO. “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."
Pluto TV is available in 26 markets globally, including the US, Latin America and Europe. ■
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.