AwesomenessTV

Background
Awesomeness (an abbreviation of it’s full name AwesomenessTV) is a Los Angeles-based film and television studio owned by Paramount Digital Studios, a division of Paramount Global. Established in June 2012 by Brian Robbins and Joe Davola, the company initially focused on internet video, primarily targeting teenagers. AwesomenessTV initially operated an eponymous YouTube channel and multi-channel network. The company later expanded into talent, branded content, music, publishing, and retail. In 2013, DreamWorks Animation acquired AwesomenessTV. In 2014, Hearst Corporation acquired a 25% minority stake. In 2016, Verizon Communicationsacquired another roughly-quarter stake in the company for $159 million (valuing it at $650 million), while AwesomenessTV entered into a multi-year deal to produce content for Verizon's streaming video service go90. In 2018, following NBCUniversal's acquisition of DWA (which led to conflict due to being owned by Verizon competitor Comcast) and the shutdown of the fledgling go90, Viacom acquired AwesomenessTV for around $50 million – a fraction of its 2016 valuation. Since its purchase by Viacom, the studio has focused more on long-form television series and films for over-the-top services, and has referred to itself as targeting generation Z.

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