Microsoft Corporation (NASDAQ: MSFT), (VIAC) – Upcoming “Halo” TV Show: What You Need to Know

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One of the most popular video game series of all time is getting the small screen treatment with a series slated for a big streaming platform.

What happened: A trailer To makes its way online for “Halo,” a live-action series that will air on the streaming platform Paramount Plus, a unit of ViacomCBS Inc (NASDAQ: VIAC).

The show centers around Master Chief, the iconic character in the video game franchise owned by Microsoft Corp (NASDAQ: MSFT).

Pablo Schreiber stars as Master Chief and is featured in the trailer, which shows the Microsoft Cortana voice app saying “Hello, Master Chief”.

A live-action version of “Halo” has been in the works for years, with production halted due to the COVID-19 pandemic. The nine-episode series was supposed to air on the Showtime premium network ahead of the announcement of the move to the streaming platform in February.

“Halo” is one of the best-selling video games of all time with 77 million copies sold and more than $ 5 billion in worldwide sales.

Related Link: 6 Video Game Stocks To Watch In 2021

Why this is important: Paramount Plus was rebranded from CBS All Access as part of a rebranding and the 2019 merger between CBS and Viacom.

In the third quarter, ViacomCBS added 4.3 million worldwide streaming subscribers and had a total of 47 million subscribers. The company saw its streaming subscription revenue increase 79% year over year.

The company has credited the return of National Football League games and new CBS broadcasts. Movies like “A Quiet Place Part II” and “Paw Patrol” were also mentioned as reasons for the increase in subscriber numbers.

Original content like “Halo” could help attract new subscribers to the platform. ViacomCBS aims to reach 75 million streaming subscribers worldwide by 2024.

VIAC price action: Shares were down 2% to $ 35.15 on Tuesday.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


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