CBS & Viacom Merger: Companies’ TV Production Entities To Remain Separate For Now

. For now, I hear the two studios will continue as separate outfits, CBS TV Studios under CBS CEO Joe Ianniello, and Paramount TV under Paramount CEO Jim Gianopulos who reports to ViacomCBS CEO Bob Bakish.The long-term prospects are unclear. Paramount Television was started by former Paramount Pictures chief Brad Grey, who came from a strong TV background, with the goal of producing series for the premium/streaming marketplace and exploit the Paramount movie library.

TV production is a major growth engine right now as need for original content intensifies. While Disney shut down a film label, Fox2000, after the recent acquisition of Fox assets, the company kept all TV production entities intact — 20th Century Fox TV, Fox 21 TV Studios and ABC Studios/ABC Signature, now part of Disney TV Studios, as well as FX Prods. and FX Searchlight’s TV division.

Over the past 13 years, CBS launched its own film studio, CBS Films, while Paramount Pictures started a TV studio with Paramount Television. CBS Films earlier this year pulled out of the theatrical business, focusing on streaming content. In addition to CBS TV Studios, at the 2006 split CBS Corp. also kept the broadcast network, CBS, and pay cable network, Showtime, while Viacom also got the suite of basic cable networks, led by MTV, Nickelodeon, Comedy Central and BET. CBS Corp had since acquired a basic cable network, Pop, which today was moved to Viacom’s cable group, along with Showtime.

Because of the proliferation of original content, a couple of Viacom’s cable networks over the past year launched their own production arms, most notably MTV Studios.

Nobody knows why they split and nobody knows why they're getting back together.

Now tell me what logo will be at the end of old Star Trek reruns

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

CBS-Viacom merger is very close, says NYT media reporter Ed LeeCBS and Viacom are getting closer to a merger deal that would bring the companies together under Shari Redstone's National Amusements corporate umbrella. New York Times corporate media reporter Ed Lee joins 'Squawk Box' to discuss. SquawkCNBC Made a small typo on the 'Viacom Brands' graphic. Spike is now known as Paramount Network. SquawkCNBC If you like to keep score, here's the change in Dow Jones Industrial Average from Inauguration Day to Aug 12 of their 3rd year in the White House: GHWB: +34.2% Clinton: +42.4% GWB: -11.9% Obama: +41.7% Trump: +30.1%
Källa: CNBC - 🏆 12. / 72 Läs mer »

CBS And Viacom Stocks Both Sink As Merger Deal Nears Close – UpdateUPDATED with closing stock prices. Shares of CBS slipped 2% after early gains and Viacom’s dropped 5% Monday as investors reacted to word that the companies were near the finish line in their…
Källa: DEADLINE - 🏆 109. / 63 Läs mer »

Wall Street Has Mixed Response to Viacom-CBS MergerAs top executives from CBS and Viacom celebrate a new merger and the hard work behind it, Wall Street has questions about the combined company’s operating structure and next steps. Analysts p…
Källa: Variety - 🏆 108. / 63 Läs mer »

CBS-Viacom Merger – DeadlineCBS-Viacom Merger news that is up-to-the-minute. Get breaking CBS-Viacom Merger information and an unfiltered, no-holds-barred analysis of CBS-Viacom Merger-related events.
Källa: DEADLINE - 🏆 109. / 63 Läs mer »

From ‘Star Trek’ to ‘SpongeBob,’ Here’s All the Content in Play For CBS-Viacom MergerHollywood’s landscape has changed dramatically since Viacom and CBS were last married in 2005. Now that the two media giants seek a Wall Street reunion, there are endless possibilities for th… Now I patiently wait for the StarTrekLowerDecks / SpongeBob crossover episode
Källa: Variety - 🏆 108. / 63 Läs mer »

CBS-Viacom Merger Targets $500M in Cost Savings, But From Where?Legal, finance, human resources, government relations, communications and technology operations will likely be combined to provide savings. Its a bloated mess. Will take them years to streamline and create the proper infastrucure.
Källa: THR - 🏆 411. / 53 Läs mer »