The ink is barely dry on the merger deal between CBS Corp. and Viacom Inc., and already Wall Street is anticipating which moves the combined company will make to bulk up further in an entertainment industry dominated by a few giants.
Executives at the companies have contemplated the idea of mergers with cable programmers including Discovery Inc. and premium network Starz or its owner, Lions Gate Entertainment Corp., people familiar with the situation say. Sony Corp.’s movie and TV unit, Hollywood studio MGM and AMC Networks...
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I'm getting Netflix! Can't afford the high cable prices and then you get no channels for what you do pay and I don't even use the house phone so bundle packages are a rip off! Good luck though!
You know, these people who like 'diversity' sure like seem to prefer a smaller variety of competitors in their markets.
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Jim Gianopulos Inks Multi-Year Deal As Paramount Boss Prior To CBS-Viacom MergerBREAKING: Ahead of the CBS-Viacom merger, Viacom has re-upped Paramount Pictures Chairman and CEO Jim Gianopulos to a new, multi-year contract. In addition, Paramount’s current production president…
Source: DEADLINE - 🏆 109. / 63 Read more »
Jim Gianopulos Signs New Multi-Year Deal as Paramount Chief Ahead of CBS-Viacom MergerViacom has signed Paramount Pictures Chairman and CEO Jim Gianopulos to a new, multi-year contract, individuals familiar with the talks told Variety. The development comes as Viacom is expected to …
Source: Variety - 🏆 108. / 63 Read more »
CBS and Viacom Shares Drop as Merger Talks Drag OnShares of CBS and Viacom were dented in trading Monday as investors awaited news of a merger agreement between the two media companies controlled by the Redstone family. Viacom shares fell 5% to cl…
Source: Variety - 🏆 108. / 63 Read more »
CBS And Viacom Stocks Both Sink As Merger Deal Nears Close – UpdateUPDATED with closing stock prices. Shares of CBS slipped 2% after early gains and Viacom’s dropped 5% Monday as investors reacted to word that the companies were near the finish line in their…
Source: DEADLINE - 🏆 109. / 63 Read more »
CBS and Viacom negotiating share exchange ratio between 0.5960 and 0.5965 for mergerThe negotiations for the CBS and Viacom merger could finish as soon as Monday, sources say. Government should not allow merger. Mergers are bad for America. Stellate23 Too many mergers and buyouts. The consumer is being squeezed from every angle. Competition is healthy for the economy. Greed and consolidation of power are not. 😳 Such horseshit, if that’s the agreement then the Viacom shareholder is getting screwed.
Source: CNBC - 🏆 12. / 72 Read more »
CBS-Viacom merger is very close, says NYT media reporter Ed LeeCBS and Viacom are getting closer to a merger deal that would bring the companies together under Shari Redstone's National Amusements corporate umbrella. New York Times corporate media reporter Ed Lee joins 'Squawk Box' to discuss. SquawkCNBC Made a small typo on the 'Viacom Brands' graphic. Spike is now known as Paramount Network. SquawkCNBC If you like to keep score, here's the change in Dow Jones Industrial Average from Inauguration Day to Aug 12 of their 3rd year in the White House: GHWB: +34.2% Clinton: +42.4% GWB: -11.9% Obama: +41.7% Trump: +30.1%
Source: CNBC - 🏆 12. / 72 Read more »