Latest in Joe Ianniello

Argus Capital Corp., a special-purpose acquisition company created by former CBS CEO Joe Ianniello, head of CBS Interactive Marc DeBevoise and other CBS alums, has gone public. The SPAC, which is targeting deals in what it describes as “tech-driven media” sector, is offering investors 26.5 million units, priced at $10…

Former longtime CBS executive Joseph Ianniello has launched a special purpose acquisition company, or SPAC, with a handful of former colleagues to scout for acquisitions in media, entertainment and sports. Called Argus Capital Corp, the firm filed with the SEC on Thursday to raise up to $300 million, offering 30…

Following nearly 30 years at CBS, EVP Dana McClintock is heading out the door of the now merged ViacomCBS this summer. “After 27 years in CBS Communications, I've had a hand in writing a variety of goodbye memos, and now it's time for a version of my own,” McClintock said today in a memo to staff announcing his exit…

Now re-melded with Viacom, CBS doesn't really corporately exist anymore, but a federal judge's order Wednesday on a long-battled shareholder lawsuit will make Shari Redstone and former interim CBS CEO Joe Ianniello pretty happy. The empress of all things ViacomCBS and the current chairman of CBS Entertainment Group…

While CBS posted mixed third-quarter results Tuesday, the company’s acting CEO, Joe Ianniello, delivered a sports surprise during a conference call with Wall Street analysts. CBS has won the rights to air UEFA Champions League soccer beginning in 2021, beating out several other suitors, Ianniello said. The package…

CBS hasn’t always had the best track record when it comes to diversity and inclusion but according to acting CEO Joe Ianniello, he is looking to change all that. In a memo Ianniello sent out on Tuesday, the CBS chief gave some motivating words when it came to diversity and inclusion related to news, casting, TV…

Viacom and CBS followed last week’s merger news with regulatory filings Monday that laid out some key details of their long-awaited reunion, including executive compensation, board makeup and breakup fees. Breakup fees are always part of the mix when it comes to mergers, but forgive the skeptics in media and on Wall…

Investors long ago factored in the expected reunion of CBS and Viacom to their valuation of the companies’ stock prices, so Wall Street’s reaction to the confirmation of the merger was understandably muted. CBS gained a bit less than 2% to finish the day at $48.81, while Viacom also climbed nearly 2% to close at…

Cementing the long-awaited merger of CBS and Viacom, the heads of each company, Bob Bakish at Viacom and Joe Ianniello at CBS, conveyed the news to their troops without sugarcoating the “challenges” of uniting two large organizations. Ending years of on-again, off-again discussions, the companies said Tuesday they are…

Joe Ianniello might be the new chairman and CEO of CBS as part of the new ViacomCBS, but the longtime executive has ceded some Showtime territory to big boss Bob Bakish as Viacom and the home of Blue Bloods hooked up again after a 13-year break. The move leaves David Nevins now answering to two kings, at least for the…

Reporting second-quarter results on the same day that sister company Viacom reported its own stellar financials, CBS set records for revenue, adjusted operating income and earnings per share. The EPS figure of $1.16 beat Wall Street estimates by three cents and revenue of $3.81 billion also cleared the bar set by…

CBS and Viacom appear to have settled the question of who will run the combined entity when the Great Reunion finally occurs, perhaps as soon as next Thursday. Bob Bakish, currently CEO of Viacom, is in line to head the merged company, sources familiar with the proposed structure tell Deadline. Joe Ianniello, who has…