Viacom CEO Bob Bakish (Barely) Addresses Possible CBS Merger: 'We'll See What Happens'

  • 📰 THR
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

'This is the third time we're having a conversation about this,' Bakish acknowledged during a session at the Paley Center for Media in Beverly Hills.

"This is the third time we're having a conversation about this," Bakish acknowledged during a session at the Paley Center for Media in Beverly Hills.

On Thursday, CNBC reported that a hangup in an alleged merger plan involves the question of who would run the combined company, Bakish or CBS CEO Joe Ianniello. Shari Redstone prefers Bakish, according to CNBC. He said in the near-term, at least, Pluto TV will remain a play on library content where there's "tons of room to run," though he didn't rule out original content sometime in the future. He added, however, that Pluto TV isn't going to morph into a Netflix-like subscription service.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is going to be interesting to watch unfold.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CBS-Viacom merger talks are about to get serious, but CBS board has concerns about leadershipCBS and Viacom are expected to begin seriously discussing a merger after tomorrow's board meeting. The companies must agree on a number of leadership questions to get a deal done.
Source: CNBC - 🏆 12. / 72 Read more »

CBS-Viacom merger talks are about to get serious, but CBS board has concerns about leadershipCBS and Viacom are expected to begin seriously discussing a merger after tomorrow's board meeting. The companies must agree on a number of leadership questions to get a deal done.
Source: CNBC - 🏆 12. / 72 Read more »