CBS, Viacom to reunite as media giants bulk up for streaming

Ronen Tivony/SOPA Images/LightRocket via Getty Images CBS is merging with Viacom after months of negotiations, reuniting the two companies for the first time since they split in 2005. The deal will increase CBSs content offering to customers a growing importance as the streaming wars heat up. The new merger means the company is sitting at a value of roughly $30 billion, according to The Wall Street Journal. Bob Bakish, the current CEO of Viacom, will become CEO of both companies under the merger, according to the Journal. The merger has been in discussion for quite some time, but the ousting of longtime CBS CEO Leslie Moonves after a series of sexual misconduct allegations and the appointment of Shari Redstone as the controlling shareholder of both CBS and Viacom made it difficult. A... Continue reading…

CBS, Viacom to reunite as media giants bulk up for streaming

CBS and Viacom announced a long-anticipated reunion Tuesday, bringing together their television networks and the Paramount movie studio as traditional media giants bulk up to challenge streaming ...

Tue 13 Aug 19 from TechXplore

CBS, Viacom to reunite in merger that creates roughly $30B company - CNET

The combo will speed up efforts in streaming, the companies say.

Tue 13 Aug 19 from CNET

CBS, Viacom to reunite in merger that creates roughly $30B company - CNET, Tue 13 Aug 19 from CNET Cutting Edge

CBS to merge with Viacom in $11.7 billion deal

Viacom has announced that it is merging with CBS in a $11.7 billion deal. The combined company will be called ViacomCBS and reunites the companies after they split up in 2005.

Tue 13 Aug 19 from Techspot

CBS and Viacom agree to sign $30 billion merger deal

CBS and Viacom have reached a long-rumored merger agreement. The two companies announced today that they will reunite as ViacomCBS. According to The Wall Street Journal, CBS and Viacom ...

Tue 13 Aug 19 from Engadget

CBS and Viacom are merging into a combined company called ViacomCBS

In a widely-anticipated move, CBS and Viacom have agreed to reunite. The two media giants split back in 2006, although the Redstone family maintained control through National Amusements, a privately-held ...

Tue 13 Aug 19 from TechCrunch

CBS is merging with Viacom

Ronen Tivony/SOPA Images/LightRocket via Getty Images CBS is merging with Viacom after months of negotiations, reuniting the two companies for the first time since they split in ...

Tue 13 Aug 19 from The Verge

Sorry, cord cutters: The CBS-Viacom merger will make streaming pricier

We’ve seen it before: Media consolidation leads to bigger TV bundles at higher prices. In the press release announcing a merger between CBS and Viacom, one statistic looms large: Programming ...

Tue 13 Aug 19 from Fastcompany Tech

Say hello to ViacomCBS, but maybe don’t go to the website yet

The all-stock merger still needs regulatory approval. The most anticlimactic media merger of the decade is finally here. Read Full Story

Tue 13 Aug 19 from Fastcompany Tech

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