Negotiations between CBS and Viacom went down to the wire on the day the long-gestating transaction was finally sealed on Aug. 13. CBS Corp. and Viacom revealed the timeline of the merger talks in a Securities and Exchange Commission filing Thursday that runs more than 650 pages. Also Thursday, CBS and Viacom said the shares [...
Netflix tried to downplay any pressure it may be feeling from the launch of Disney’s and Apple’s upcoming video subscription services Wednesday, declaring in its latest letter to shareholders that the new services may only cause “modest headwind to near-term growth.” “Many are focused on the ‘streaming wars,’ but we’ve been competing with [...]Netflix fell slightly short of its U.S.
When a PRIVATE company trades in the stock market that means PROFITS matter more than people. Expect a ton of layoffs