CBS and Viacom are finally reuniting in a long-awaited deal, putting some of the biggest brands in entertainment back under one corporate banner
The long-awaited deal between the two media giants puts some of the biggest brands in entertainment back under one corporate banner. Those brands include CBS' broadcast network, the streaming service CBS All Access, movie studio Paramount and cable networks like Showtime, MTV, Nickelodeon, BET and Comedy Central.Viacom and CBS reunion likely marks first step into new frontierThe all-stock merger creates a company with more than $28 billion in revenue.
"I am really excited to see these two great companies come together so that they can realize the incredible power of their combined assets," Redstone said in a statement on Tuesday."My father once said 'content is king,' and never has that been more true than today."L-R: Shari Redstone, Joe Ianniello and Bob BakishThe deal comes during a volatile period in the media industry.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
CBS and Viacom merge to form $30 billion media companyWith streaming video now the leading story, the two companies are fusing their war chests to better compete for viewers.
Baca lebih lajut »
CBS and Viacom have finally agreed to merge — here's what they could buy nextCBS and Viacom finally have agreed to a merger, but the combined company still wants to get bigger. There might be several options for Shari Redstone, including Discovery, Lions Gate and Sony Pictures.
Baca lebih lajut »
CBS and Viacom to merge, reuniting the storied network with Comedy Central, MTV and Paramount PicturesBreaking: CBS and Viacom are reuniting in a $12-billion deal that will bring together such well-known brands as CBS, MTV, Nickelodeon and Showtime.
Baca lebih lajut »
CBS And Viacom Announce Plans To Merge, Finally Fulfilling Shari Redstone's Dream On 3rd TryCBS Corporation and Viacom Inc. announced plans to merge, marking the third attempt in as many years to combine the media companies controlled by the Redstone family.
Baca lebih lajut »
CBS, Viacom agree to merge in all-stock dealCBS Corp and Viacom Inc agreed to merge on Tuesday, creating a company with more...
Baca lebih lajut »
Viacom-CBS Merger: Read The Memos From Bob Bakish And Joe IannielloCementing the long-awaited merger of CBS and Viacom, the heads of each company, Bob Bakish at Viacom and Joe Ianniello at CBS, conveyed the news to their troops without sugarcoating the “chal…
Baca lebih lajut »