Company

CBS and Viacom reach merger deal, ending years of discussions

10 days ago   |   By CNBC

The merger highlights a long effort to unite CBS and Viacom as the media companies seek to compete with giants like Disney.
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CBS-Viacom merger reunites storied network with Comedy Central, MTV and Paramount Pictures

CBS-Viacom merger reunites storied network with Comedy Central, MTV and Paramount Pictures

10 days ago   |   By Stl Today

After years of on-again, off-again merger talks, broadcast giant CBS Corp. and its corporate sibling Viacom Inc. on Tuesday finally agreed to reunite in a nearly $12 billion deal that will bring together such well-known brands as CBS, MTV, Nickelodeon...
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CBS and Viacom are getting back together again

11 days ago   |   By Reuters

CBS and Viacom have reached a deal to reunite media mogul Sumner Redstone's U.S. entertainment empire, betting that a larger company will be able to compete and partner better in a media industry dominated by giants.
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Sorry, cord cutters: The CBS-Viacom merger will make streaming pricier

11 days ago   |   By Fast Company

We've seen it before: Media consolidation leads to bigger TV bundles at higher prices.
In the press release announcing a merger between CBS and Viacom, one statistic looms large: Programming from the two companies make up 22% of TV viewership in the United States, larger than any other media conglomerate.
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CBS, Viacom to reunite, hoping to take on Disney and Netflix

11 days ago   |   By Washington Post

The combined company will include a film studio, Paramount Pictures, as well as the CBS network, cable channels such as MTV and Comedy Central and a host of digital platforms.
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In CBS-Viacom Merger, Boutique Investment Banks Will Share Up to $70 Million in Fees

11 days ago   |   By Fortune

CBS and Viacom primarily relied on boutique investment banks to help put together their long-awaited $11.7 billion merger .
Centerview Partners Holdings and Lazard are advising CBS. Viacom's bankers are LionTree Advisors and Morgan Stanley while National Amusements-the controlling shareholder of both companies-is being advised by Evercore, according to the deal announcement.
CBS' advisers could share a pot of $25 million to $30 million in fees, according to estimates from consulting firm Freeman & Co. The advisers for Viacom could roughly split between $30 million to $40 million.
Liontree...
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The Amazon rainforest fires are shaping the G7 summit, where world leaders...

The Amazon rainforest fires are shaping the G7 summit, where world leaders like Trump and Macron are convening

Concern over a record number of fires ravaging the Amazon rainforest are influencing the political discourse as world leaders convene in France for the Group of Seven... Read more ...

New 'Star Wars: The Rise of Skywalker' poster debuts at Disney's D23 Expo

New 'Star Wars: The Rise of Skywalker' poster debuts at Disney's D23 Expo

Disney unveiled a poster for its upcoming "Star Wars: The Rise of Skywalker" movie, which will be the final film in the latest space opera trilogy. The poster, revealed at... Read more ...

As Trump's trade war escalates to 'new heights,' Wall Street warns investors...

As Trump's trade war escalates to 'new heights,' Wall Street warns investors are in for more whiplash

REUTERS/Kevin Lamarque Market strategists across asset classes are warning investors the turbulence that's proliferated in recent weeks will rage on as President Donald Trump's... Read more ...

The 9 states in the US where people have the most money in savings

The 9 states in the US where people have the most money in savings

Shutterstock/Sean Pavone People in the states with the highest incomes and highest costs of living don't necessarily have the most in the bank, data from GOBankingRates... Read more ...

The 9 states in the US where people have the most money in savings

The 9 states in the US where people have the most money in savings

People in the states with the highest incomes and highest costs of living don't necessarily have the most in the bank, data from GOBankingRates shows. Survey respondents... Read more ...

Investors have been plowing money into bitcoin since the start of the...

Investors have been plowing money into bitcoin since the start of the US-China trade war

Many investors have bought gold, a conventional haven asset, as the US-China trade war continues to weigh on global growth and market sentiment. People also plowed money into... Read more ...

Every major change Tesla has made to the Model S throughout the years

Every major change Tesla has made to the Model S throughout the years

Tesla first introduced the Model S in 2012. Since then, it has earned lots of recognition and awards like MotorTrend's "Ultimate Car of the Year." The car, now seven years old... Read more ...

Democratic presidential candidates don't want to sound too happy about the...

Democratic presidential candidates don't want to sound too happy about the prospect of a Trump recession - even though it could be their ticket to victory in 2020

Associated Press Democrats face a dilemma in how to respond to the looming prospect of an economic downturn, which would likely dent US President Donald Trump's chances of... Read more ...

'Every year we have wildfires': Brazil's president insists fires in the...

'Every year we have wildfires': Brazil's president insists fires in the Amazon are no worse than normal, as he sends the army to fight the blazes

After intense international pressure, Brazilian President Jair Bolsonaro on Friday finally moved to battle the devastating blazes sweeping through the Amazon rainforest. In a... Read more ...

A relationship expert says making these common mistakes after a breakup can...

A relationship expert says making these common mistakes after a breakup can lead to a negative thought spiral

Breakups can conjure up a negative thought spiral where we blame ourselves for everything that went wrong. This is when people tend to make the biggest mistakes that halt their... Read more ...