News Formal

What the CBS-Viacom merger means for employees, the future of TV, and the next round of deal-making

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa News News

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

CBS and Viacom agreed this week to merge, and the deal could have major implications for employees, and other media companies on the market.

CBS and Viacom have agreed to reunite, creating another US media powerhouse that could be better positioned to compete with Netflix and media giants Disney and Comcast. The deal-making may not end there. Executives from the two companies are reportedly considering other acquisitions as well. Business Insider reported on how Viacom insiders feel about the merger, what's next for CBS and Viacom, and how the combination could bolster their streaming services.

CBS and Viacom have agreed to reunite, creating another US media powerhouse that could be better positioned to compete with Netflix and media giants Disney and Comcast. The deal-making may not end there. Executives from the two companies are reportedly considering other acquisitions as well. Business Insider reported on how Viacom insiders feel about the merger, what's next for CBS and Viacom, and how the combination could bolster their streaming services.

 

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

 /  🏆 729. 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 And Viacom Stocks Dinged Again As Market And Media Sector StabilizeAfter the Dow Jones Industrial Average posted an 800-point loss on Wednesday, its steepest of 2019, the stock market stabilized Thursday and most media and tech shares saw their fortunes improve. I…
Source: DEADLINE - 🏆 109. / 63 Read more »

Elizabeth Warren Raises ‘Serious Concerns’ Over CBS-Viacom MergerMedia analysts and the entertainment industry aren’t the only ones paying attention to the recent CBS-Viacom merger. Massachusetts Senator Elizabeth Warren, a current frontrunner for the Demo… Pocahontas She's anti-technology and anti-media which are two bastion's of the Democratic party. Not wise! (Sigh) I may not be a Republican, but I do disagree very much with this view. CBS and Viacom are essentially two halves of the same whole being put back together again. This isn’t Disney and Fox.
Source: Variety - 🏆 108. / 63 Read more »