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...
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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Source: DEADLINE - 🏆 109. / 63 Read more »
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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 »
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Source: CNBC - 🏆 12. / 72 Read more »