EXCLUSIVE: Pluto TV is rolling out a new logo as the streaming company begins its first CES since being acquired by Viacom nearly a year ago. The new look, which is debuting in industry and trade c…
The new look, which is debuting in industry and trade circles at the Las Vegas convention, will reach consumers as part of a branding campaign planned for the first quarter of the year. The campaign will combine business and consumer platforms, including outdoor advertising and digital and social marketing.
In January 2019, months before completing its merger with CBS, Viacom snapped up Pluto for $340 million and has made it a centerpiece of the combined company’s streaming strategy. The ad-supported streaming service in November reported 20 million monthly active users, a 70% increase over its level at the time of the acquisition.
At CES, Pluto has set up shop in the “C-Space” area reserved for media and advertising companies. Executives across distribution, content, engineering and other areas are hosting meetings. On Viacom’s most recent quarterly earnings call with Wall Street analysts, the company said 3,500 brands advertised on Pluto TV during September, the highest revenue month for the service. Total viewing minutes tripled compared with the previous September.is a growing sector within the overall streaming space.
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