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ViacomCBS Swings to Loss in First Post-Merger Results

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ViacomCBS reported a loss in the fourth quarter, its first as a new entity forged from the former Viacom Inc. and CBS Corp., showing that the merged company faces many of the same tough operating c…

ViacomCBS reported a loss in the fourth quarter, its first as a new entity forged from the former Viacom Inc. and CBS Corp., showing that the merged company faces many of the same tough operating conditions as its predecessors. The New York owner of the CBS television network and cable outlets such as MTV and [...]For 25 years, from 1992’s “La Frontera” through 2017’s ”A Fantastic Woman,” a subsequent Oscar winner, the Berlinale has prized a rich trove of Chilean movies.

Herbert L. Kloiber, former managing director of Tele München Group, has launched a new media venture focusing on European film and series projects. Munich-based Night Train Media is looking to develop, co-produce, finance and distribute in-house and third-party projects. Speaking to Variety, Kloiber said it was the ideal time to launch the company “in this [...

 

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