Clik here to view.
Here’s Why CBS Shares Could Be Set for a Big Jump
Shares of CBS could jump 30% in the next year, double in the next three or do even better if the network successfully attempts to buy Viacom at an attractive price, a report in Barron’s said. Viacom...
View ArticleClik here to view.
Here’s Why Viacom Could Be Prepping a $1 Billion Bond Offering
Viacom is preparing to go to market this week with a bond offering that is expected to total $1 billion, part of the struggling media company’s plan to boost liquidity, three sources told Reuters. New...
View ArticleClik here to view.
The End Game for Viacom and CBS Is Quickly Approaching
After a year of Game of Thrones-style intrigue involving 93-year-old billionaire Sumner Redstone, his daughter Shari, and former CEO Philippe Dauman, it looks as though the ultimate fate of Viacom...
View ArticleClik here to view.
Viacom Forms Committee to Consider Redstone’s CBS Merger Push
Viacom said it had formed a special committee to consider National Amusements’s proposal to combine the company with CBS Corp. National Amusements, owned by media baron Sumner Redstone and his daughter...
View ArticleClik here to view.
CBS CEO Moonves to Seek Autonomy Following Any Deal With Viacom
CBS chief executive Leslie Moonves is planning to seek autonomy from the Redstone family, the broadcaster’s controlling shareholder, in leading the company if it merges with Viacom, two people familiar...
View ArticleClik here to view.
Moonves Needs 5 Years Free Reign If CBS Merged With Viacom
CBS Corp chief executive Leslie Moonves should get five years without interference from Sumner Redstone’s family if the media company is merged with Viacom, investor Mario Gabelli told CNBC on Tuesday....
View ArticleClik here to view.
Viacom Has Hired Financial Advisers to Explore CBS Merger
Viacom said on Friday that it had hired financial advisers to explore a merger with CBS following a proposal by Sumner Redstone’s National Amusements, a majority shareholder of both companies. Morgan...
View ArticleClik here to view.
Google Plans To Take On Television
(Reuters) – Alphabet unit Google has reached an agreement with CBS to carry the network on its web TV service and is in talks with 21st Century Fox and Viacom Inc to distribute its channels, three...
View ArticleClik here to view.
Viacom Has A New Acting CEO
Media company Viacom said on Monday it named Bob Bakish, a 19-year company veteran, as acting chief executive, replacing Tom Dooley. Viacom said last month that Dooley was leaving on Nov. 15 and the...
View ArticleClik here to view.
Viacom May Buy Telefonica’s Telefe
Viacom, the owner of Comedy Central, Nickelodeon, and MTV, is in talks to acquire Argentine broadcaster Television Federal SA from phone carrier Telefonica SA for up to $385 million, according to...
View ArticleClik here to view.
This Chinese Billionaire Has His Sights Set on Buying Hollywood
Dick Clark Productions isn’t exactly a household name. Most people probably don’t even notice when it scrolls across the screen at the end of the Golden Globes telecast or some other awards show. But a...
View ArticleClik here to view.
Viacom Posts Lower-than-expected Revenue
Viacom, the owner of MTV, Comedy Central, and Nickelodeon, reported lower-than-expected quarterly revenue on Wednesday, weighed down by lower domestic advertising sales and the absence of hit movie...
View ArticleClik here to view.
Shari Redstone Says She Did Not Support a Viacom/CBS Split
Shari Redstone, a controlling shareholder of Viacom and CBS, never wanted to separate the two media companies 10 years ago, she told attendees of The New York Times DealBook conference on Thursday....
View ArticleClik here to view.
Viacom Just Bought This Broadcasting Brand for $345 Million
Viacom, the owner of Comedy Central, Nickelodeon, and MTV, said on Tuesday it had bought Argentine broadcaster Television Federal SA (Telefe) from telecom carrier Telefonica SA for $345 million in...
View ArticleClik here to view.
Here’s Why Viacom Has Lost Almost $1 Billion in Market Value Today
As it struggles to reinvent some of its aging entertainment assets under a new CEO, about the only thing that has been keeping Viacom’s share price afloat is the prospect of an imminent merger with its...
View ArticleClik here to view.
Sumner Redstone Is Stepping Down From Viacom’s Board
Sumner Redstone will step down from the Viacom board of directors after the company’s annual meeting in February, according to a company filing Friday. The 93-year old Redstone, who has not been at an...
View ArticleClik here to view.
Viacom Executive Overseeing MTV, Comedy Central To Leave
Longtime Viacom executive Doug Herzog, who oversees the networks Comedy Central and MTV, is expected to leave the company next month, according to two sources familiar with the matter. Herzog, known...
View ArticleClik here to view.
Viacom Promoted This Nickelodeon Executive to Its Top Ranks
Viacom on Thursday named Sarah Levy, the chief operating officer of its Nickelodeon network, COO of its global entertainment group, as new Chief Executive Bob Bakish seeks to turn around the ailing...
View ArticleClik here to view.
Viacom Names New Head of International Media
Media company Viacom said on Wednesday that David Lynn would lead its international media business, Viacom International Media Networks (VIMN), replacing Chief Executive Bob Bakish. Lynn will report to...
View ArticleClik here to view.
Oracle Snaps Up Apiary, a Little API Company with Big Customers
Oracle says it is buying Apiary, a company that specializes in managing and monitoring application programming interfaces, or APIs, which offer standard ways to connect software applications. Both...
View Article