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…
UPDATED with closing stock price.ViacomCBS marked its first day as a merged company with a celebrity-studded appearance on the floor of the Nasdaq Market Site in New York’s Times Square and a town hall meeting overflowing with optimism.
CEO Bob Bakish and chairman Shari Redstone smiled and clapped alongside Stephen…
In the final weeks before Viacom and CBS' latest reunion becomes a $30 billion fact, Showtime boss and rising corporate starDavid Nevins today had praise for the launch of Disney+ and promised surprises with the remerged media giant.
"I think it is impressive," the CBS Chief Content Officer bluntly noted of the 10…
In a high-energy appearance at the Paley Center, CBS and Viacom vice chair Shari Redstone made the case for companies’ impending merger, insisting “we absolutely have enough scale.”
The stocks of Viacom and CBS, which are controlled by National Amusements, have slumped since the long-awaited merger was announced in…
A spokesman for Viacom said that no plans are in the works to launch a news channel, “conservative or otherwise,” after a report that Shari Redstone was quietly exploring such a plan to rival Fox News.
"Viacom has no intention of launching a TV news channel, conservative or otherwise,” a Viacom spokesman said. A…
Ending years of fitful discussions that played out against a backdrop of operatic corporate drama and media industry consolidation, CBS and Viacom have finally agreed to merge. The deal reunites the companies, pooling assets such as Paramount Pictures, CBS, Showtime and MTV in a new entity to be called ViacomCBS Inc.…
CBS and Viacom have agreed to a price for their long-awaited merger and plan to formalize the deal with an announcement after the close of trading today, sources tell Deadline.
The "exchange ratio" — how many shares of each company will be traded in the all-stock translation — had been a major consideration in…
The third set of merger talks between CBS and Viacom is expected to ramp up as June winds on, and CBS board members are said to have met Friday to begin exploring some of the issues involved in reuniting the companies.
The two companies certainly are familiar with each other, having been under the same corporate roof…
EXCLUSIVE: A permanent replacement for Les Moonves may have to wait until CBS and Viacom become one company again.
The quest to find a full-time CEO has lost some of its intensity over the holidays as a consensus is emerging among CBS board members and power players to take a renewed look into melding the media outlet…
With just days to go before everyone went to trial, Sunmer Redstone and Manuela Herzer have finally laid down their legal arms.
In a January 4 dated agreement announced today just before a scheduled hearing in downtown Los Angeles, representatives for the 95-year old media mogul and his former long-time companion now…
UPDATED with stock movement:Â Les Moonves, the once-powerful former CEO of CBS, will not be getting a single dime of the $120 million in severance he expected after stepping down under allegations of misconduct this fall, the company’s board has decided today.
“The Board of Directors of CBS has completed its…
