Businessweek

erican audiences. BET is a consumer brand in the urban marketplace with a group of branded businesses, including BET, its core channel which focuses on young Black adults; BET Gospel, which focuses on gospel music and spiritual programming; and BET Hip Hop, which features hip hop music programming and performances. BET reached approximately 91 million domestic television households in September 2012. BET Gospel and BET Hip Hop reached approximately 9 million and 380,000 domestic television households, respectively. CENTRIC CENTRIC reflects the lifestyle of African-American and multicultural adult viewer, delivering a variety of music artists, along with culturally relevant movies, series, live performances, specials and reality programming. CENTRIC reached approximately 46 million domestic television households in September 2012. BET.com BET.com is an online destination for African-American audiences and offers users content and interactive features for news, music, community, culture and other areas modified to the interests and issues of African-Americans. BET.com also provides interactive entertainment content for BET Networks’ program services. As of September 30, 2012, BET.com averaged approximately 3 million monthly unique visitors. Other BET Networks properties include BET Home Entertainment, a collection of BET-branded offerings including DVDs and video-on-demand; and BET Mobile, which delivers music, gaming and video content to its target audiences on mobile devices and digital services across all major service providers. FILMED ENTERTAINMENT The Filmed Entertainment segment produces, finances and distributes motion pictures and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films and Nickelodeon Movies brands. Paramount Pictures is a producer and distributor of filmed entertainment and has a library consisting of approximately 3,300 motion pictures and television programs. It also acquires films for distribution and has distribution relationships with third parties. In year 2012, Paramount distributed two theatrical titles under its distribution arrangement with DreamWorks Animation SKG, Inc. (DreamWorks Animation). In year 2011, Paramount distributed the final two theatrical titles under its distribution arrangement with MVL Productions LLC (Marvel), a subsidiary of The Walt Disney Company (Disney). Paramount also distributes motion pictures and other entertainment content on DVDs and Blu-ray discs, television, digital and other platforms in the United States and internationally. In 2012, the Filmed Entertainment segment released 15 films in the domestic theatrical market, including 2 films distributed on behalf of DreamWorks Animation. Paramount releases certain of its films, including library product, in 3D format. In October 2012, Paramount entered into an agreement effective January 1, 2013 with Warner Bros. Home Entertainment Group for exclusive rights to physical DVD and Blu-ray disc distribution in North America of approximately 600 catalog titles from the Paramount film library. Ancillary Films produced, owned or distributed by Paramount or DW Studios are also licensed worldwide on a territory by territory basis, for a fee or on a revenue-sharing basis, to electronic sell-through, video-on-demand, subscription video-on-demand and other digital platforms, including Amazon, Netflix and iTunes. Paramount provides production services to third parties, primarily at Paramount’s studio lot. Paramount also licenses its brands for consumer products, themed restaurants, live stage plays, film clips and theme parks. Paramount also develops original content for launch on digital distribution platforms worldwide, including made-for-digital content offered for sale and rent through third party online destinations. Paramount also has a presence in the games business. Paramount produces the motion pictures it releases. It also acquires films for distribution from third parties and distributes films on behalf of third parties, including pursuant to its relationship with DreamWorks Animation. Paramount also has