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Viacom and CBS have been dancing around each other for years. Now their reunion might actually happen. CBS offered to buy the cable TV and film company, according to a person familiar with the ...
CBS and Viacom are finally, really, back to together. Less than four months after announcing their intentions to rejoin as one company, the companies closed their merger on Wednesday, beginning ...
CBS was up about 0.5% and VIacom was up 1.5%. CBS is widely seen as the stronger of the two companies, so the benefits of a merger are more readily apparent for Viacom than for CBS.
CBS and Viacom, corporate cousins for the past decade, are now one. Shari Redstone’s long-sought merger of the two media companies took effect on Wednesday afternoon, and ViacomCBS will start ...
Viacom and CBS reunion might be just the first step into a new frontier, as the two companies seek to recover from Sumner Redstone’s impulsive decision to split them up 13 years ago in a very ...
FCC Throws Flag at CBS's Halftime Play. Commissioners Propose $550,000 Indecency Fine. September 23, 2004. By Frank Ahrens. and ...
CBS and Viacom are again talking about a merger — a media marriage that would accelerate the consolidation of content creators. The resulting merger could have repercussions for TV lovers ...
In early September 1999, Viacom and CBS unveiled a roughly $35 billion stock combination — at the time the largest U.S. media deal ever — which was completed in 2000.
The market cap of Viacom is $12.7 billion, while the market cap of CBS is $23.2 billion. In February 2016, the then 92-year-old Redstone stepped down as chairman of both Viacom and CBS amid ...
CBS is playing hardball on the copy protection issue, threatening to withhold its vaunted HDTV programming next fall if the FCC doesn't come up with effective rules to prevent digital piracy. In an F ...
Sumner Redstone had a good day on Wednesday as his two companies Viacom Inc and CBS Corp reported quarterly results that beat Wall Street estimates on the back of unexpectedly strong TV ...
The pitched battle between Viacom and the Redstone family – which controls 80% of the voting shares of Viacom and CBS – intensified Friday amid speculation about Dauman’s uncertain future.