CBS Corp. Delivers Strong Second Quarter Earnings as Viacom Merger Talks Proceed

CBS Corp. delivered strong second quarter earnings on Thursday, posting top and bottom line growth as the company prepares for the transformation of a merger with its corporate sibling Viacom. CBS reported what it described as record second quarter revenue of $3.81 billion, up 10% from the comparable quarter last year. Operating income was up [...

The series stars comedian Gabriel Iglesias as a a good-natured public high school teacher who works at his alma mater. He takes on teaching gifted but misfit kids to not only save them from being “counseled out” by a bully bureaucrat [...]Quavo is making his foray into the television space with a new animated franchise. The Migos star is set to develop an animated series for kids aged 8-12, alongside Marginal Mediaworks and record labels Quality Control Music and Motown.

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CBS, Viacom merger deal won't be announced ThursdayCBS and Viacom likely won't reach a merger agreement in time for CBS's earnings release on Thursday. The companies originally planned to have a deal by August 8.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

CBS And Viacom Prepare To Meet The Street, But No Major Merger News ExpectedViacom and CBS — aka the Richard Burton and Liz Taylor of the media business — are working their way back to the altar again, and by all accounts discussions are progressing constructiv…
منبع: DEADLINE - 🏆 109. / 63 ادامه مطلب »

Viacom: Film Growth & Increased Advertising Help Media Giant Beat Wall Street Estimates For Q3 As CBS Merger Talk ContinuesAs the drumbeat grew louder for a long-awaited merger with CBS, Viacom reported third-quarter earnings that beat market expectations. EPS was $1.20, beating the consensus estimate from analysts of …
منبع: DEADLINE - 🏆 109. / 63 ادامه مطلب »

Gains in Affiliate Fees Power Fox Corp. EarningsGains in affiliate fees and retransmission consent revenue drove Fox Corp.’s fiscal fourth quarter earnings, despite a downturn in advertising revenue and subscriber losses. Fox Corp. on Wedn…
منبع: Variety - 🏆 108. / 63 ادامه مطلب »