Company

CBS and Viacom reach merger deal, ending years of discussions

5 monthes 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

5 monthes 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

5 monthes 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

5 monthes 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

5 monthes 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

5 monthes 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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Oil climbs above $65 after an escalation in Libya's civil war forces the...

Oil climbs above $65 after an escalation in Libya's civil war forces the shutdown of 2 major oilfields

Oil climbed on Monday as the civil war in Libya forced two of the nation's largest oilfields to begin shutting down. Commander Khalifa Haftar's forces closed a pipeline... Read more ...

Sadiq Khan says the UK doesn't share Trump's values and Boris Johnson should...

Sadiq Khan says the UK doesn't share Trump's values and Boris Johnson should tell him his views are wrong

Sadiq Khan tells Business Insider that the UK must stop being "obsessed" with trying to please Donald Trump, whose views are massively out of line with British people. The... Read more ...

Aaron Rodgers said the latest playoff loss stings more than usual because 'I...

Aaron Rodgers said the latest playoff loss stings more than usual because 'I don't have the same number of years ahead of me as I do behind me'

Aaron Rodgers said the Green Bay Packers' loss to the San Francisco 49ers in the NFC Championship hurt more than losses earlier in his career. Rodgers said he has a greater... Read more ...

Brad Pitt and Jennifer Aniston had an adorable backstage moment after...

Brad Pitt and Jennifer Aniston had an adorable backstage moment after winning at the SAG Awards and people can't stop talking about it

Exes Brad Pitt and Jennifer Aniston reunited backstage at the 26th annual Screen Actor Guilds Awards Sunday night. Pitt and Aniston both won awards in the evening. The two... Read more ...

Paul Rudd was the happiest man in the Chiefs' locker room as the team...

Paul Rudd was the happiest man in the Chiefs' locker room as the team celebrated their AFC title

The Kansas City Chiefs defeated the Tennessee Titans 35-24 in the AFC Championship on Sunday to punch their ticket to Super Bowl LIV. No one was happier about the outcome that... Read more ...

The Biggest Stock Market “Melt Up” In U.S. History Has Pushed Stock Prices...

The Biggest Stock Market “Melt Up” In U.S. History Has Pushed Stock Prices To The More Overvalued Levels Ever

Over the past several months, we have witnessed one of the greatest stock market rallies in American history. The S&P 500 has gone 70 days in a row without a 1 percent loss... Read more ...

Prince Harry says he feels 'great sadness' about stepping down from his...

Prince Harry says he feels 'great sadness' about stepping down from his royal duties

The Duke of Sussex on Sunday delivered his first public remarks on his decision to step away from royal duties. On Saturday, Buckingham Palace announced that Harry and wife... Read more ...

Millie Bobby Brown and the 'Stranger Things' cast reunited and looked...

Millie Bobby Brown and the 'Stranger Things' cast reunited and looked stunning on the SAG Awards red carpet

The "Stranger Things" cast reunited at the 2020 SAG Awards red carpet Sunday afternoon. Cara Buono, Finn Wolfhard, Noah Schnapp, Millie Bobby Brown, Priah Ferguson, and Gaten... Read more ...

The Titans faked a punt in the AFC Championship, and everyone but the Chiefs...

The Titans faked a punt in the AFC Championship, and everyone but the Chiefs saw it coming

The Tennessee Titans pulled off a fake punt in the fourth quarter of their AFC Championship game matchup with the Kansas City Chiefs. Everyone but the Chiefs defense seemed to... Read more ...

The NFL world is anointing Patrick Mahomes the best quarterback in the...

The NFL world is anointing Patrick Mahomes the best quarterback in the league after a dominant performance to send the Chiefs to the Super Bowl

Patrick Mahomes put together another masterful performance to send the Kansas City Chiefs to the Super Bowl. In two postseason games this year, Mahomes, just a second-year... Read more ...