Question
Strategic Management CBS Bets Big on 'Star Trek: Picard' to Boost Streaming Business ViacomCBS's All Access is riding the Starship Enterprise to distinguish itself in
Strategic Management
CBS Bets Big on 'Star Trek: Picard' to Boost Streaming Business
ViacomCBS's All Access is riding the Starship Enterprise to distinguish itself in a crowded field
By
Joe Flint
Jan. 22, 2020 5:30 am ET
As the overseer of the "Star Trek" television properties for ViacomCBSInc.,VIAC-3.80%producer Alex Kurtzman is charged with updating the space drama for a new generation without alienating its hard-core fans.
But he knows there is much more at stake: ViacomCBS is counting on the franchise to help its streaming service, CBS All Access, hold its own against a field of larger rivals in Hollywood.
The next big test comes Thursday with the much-anticipated debut of "Star Trek: Picard," which stars Patrick Stewart reprising his role as Capt. Jean-Luc Picard from an earlier edition of the series. The series is exclusive to All Access. A separate "Star Trek" series, "Discovery," has aired exclusively on All Access since 2017, and an animated comedy called "Lower Decks," about support staff on a Star Trek starship, is in the works.
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The goal is to have a Star Trek series on All Access throughout the year so fans don't sign up for just a few months and then cancel?an issue that all streaming services confront. "You've got to have something on all the time that gives people a reason to stay," Mr. Kurtzman said. "Star Trek allows them to have a constant flow of audience."
What "Star Wars" and "The Avengers" are toWalt DisneyCo.,and "Batman" and "Superman" are toAT&TInc.'sWarnerMedia, "Star Trek" is to ViacomCBS?a franchise with a rich history and a built-in audience. More than 50 years after creator Gene Roddenberry's original "Star Trek" series set off to boldly go where no man had gone before, and after a host of TV series and movies that followed over several decades, there is still an insatiable appetite for the voyages of the Starship Enterprise.
To Boldly Go
For over five decades, TV series and movies have mined the Star Trek universe, capitalizing on its enduring appeal to fans.
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