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The new $25 billion media empire that emerged from the remarriage of CBS and Viacom began trading Thursday, but questions remain about how the combined company will compete in an increasingly crowded landscape of companies beaming content into America's homes and phones.
CBS and Viacom, corporate cousins for the past decade, are now one. Shari Redstone's long-sought merger of the two media companies took effect on Wednesday afternoon, and ViacomCBS will start trading on the NASDAQ on Thursday morning.
Following the merger of CBS and Viacom announced earlier this year, the combined company today confirmed its plans to restructure its content and digital leadership teams in order to streamline operations. Among the changes, which were first reported by The Wall St.
CBS has named the four helmers selected for its 2019-2020 Directors Initiative. Now in its 16th year, the initiative provides a platform for experienced directors to gain access to showrunners, executives, managers, and agents, as well as the opportunity to shadow CBS Television Network and CBS Television Studio shows throughout the year. This year’s class
The merger is a must in a consolidating and changing media landscape.
Yahoo Finance's Dan Roberts, Heidi Cheung, and Sibile Marcellus discuss the Viacom CBS merger.
Traditional media companies that are reclaiming their content from licensees or planning their own direct-to-consumer (DTC) streaming services may be biting off more than they can chew.
CNBC's David Faber reports on the latest news about CBS's preparation for talks with Viacom.
Lions Gate Entertainment Corp. shares soared more than 12% Friday, after The Information reported that CBS Corp.