News Formal

CBS board plans merger talks with Viacom: CNBC

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 66%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

CBS Corp's board is preparing for merger talks with Viacom Inc, CNBC reported ...

REUTERS: CBS Corp's board is preparing for merger talks with media company Viacom Inc, CNBC reported on Thursday, citing sources.

The merger talks between the two companies are expected to start in mid-June, the report said, adding that the companies have not yet held discussions.Shares of both companies were up about 4per cent in early trading on Thursday after the report. While media majors Walt Disney Co and AT&T Inc are tapping into their extensive film and TV libraries to launch streaming rivals to Netflix and Amazon.com's Prime Video, smaller players CBS and sister company Viacom are focusing on providing original content to other distributors.

Reuters had reported in May that Lions Gates Entertainment also offered to sell cable channel Starz to CBS for US$5.5 billion after rebuffing a lower offer.CBS and Viacom are controlled by National Amusements, which is owned by the Redstone family.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Fiat Chrysler presents plan for merger with RenaultItalian-US auto giant Fiat Chrysler presented a merger proposal to France's Renault on Monday that would create the world's third largest automaker.
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Nissan tells Renault 'not opposed' to Fiat Chrysler merger plan: NikkeiNissan on Wednesday told Renault it wasn't opposed to its partner's potential US$35 billion merger with Fiat Chrysler, the Nikkei newspaper said, ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Fiat Chrysler makes merger offer to RenaultFiat Chrysler has made a 'transformative merger' proposal to French peer Renault, the Italian carmaker said on Monday, in a deal which would ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Asian shares follow Europe higher on EU relief, auto mergerAsian shares tracked European gains on Tuesday, as relief over EU election results eased concerns about political difficulties in the bloc and ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »