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CBS and Viacom agree to $30 billion media merger

Once married, then divorced, now to be reunited: The two hope bigger will be better second time around as other media giants consolidate.....»»

Category: feudsSource: tmzAug 13th, 2019

Viacom Officially Resolves Leadership Dispute: Dauman Out, Thomas Dooley Interim President & CEO

Following unanimous approval by the Boards of Directors of Viacom and National Amusements Inc. of a settlement in the ongoing dispute over Viacom leadership, Philippe Dauman has stepped down as president and CEO of Viacom. Thomas Dooley, Viacom Chief Oper.....»»

Category: topSource: deadlineAug 21st, 2016

CBS and Viacom agree to $30 billion media merger

Once married, then divorced, now to be reunited: The two hope bigger will be better second time around as other media giants consolidate.....»»

Category: feudsSource: tmzAug 13th, 2019

WGA West Urges FCC to Block Comcast Merger with TWC — This Time It’s In Writing

Urging the FCC to "put a stop to this spate of merger madness," the WGA West has submitted formal opposition to the proposed Comcast-Time Warner Cable merger. "We have reached a critical juncture in the history of the media, broadband and telecommunicatio.....»»

Category: topSource: deadlineMar 15th, 2019

CBS" Leslie Moonves on His Relationship With David Letterman: "He Hated Me"

The CBS chief was recently questioned about a possible CBS/Viacom merger and expressed his thoughts on the leaked tape conversation between Billy Bush and Donald Trump. read more.....»»

Category: tvSource: hollywoodreporterDec 24th, 2016

Sumner Redstone Says He Opposes Sale Of Paramount Stake And Calls Claims He’s Incapacitated “False And Unfair”

UPDATE with Viacom statement: The new war between Viacom and CBS Chairman Emeritus Sumner Redstone — or, depending on whom you believe, the people around him — and Viacom CEO Philippe Dauman just became more intense. Redstone’s camp rel.....»»

Category: topSource: deadlineMay 23rd, 2016

Ralph Baruch, First Leader of Viacom, Dies at 92

Ralph Baruch, the CBS executive who led Viacom in its formative years when it launched Showtime and acquired MTV and Nickelodeon, has died. He was 92. The New York Times reported Baruch died Thursday at his home in Manhattan. Viacom was born out of what h.....»»

Category: topSource: varietyMar 6th, 2016

Viacom hires Morgan Stanley, LionTree for capital review -source

Viacom Inc has hired Morgan Stanley and LionTree Llc to review its capital structure, a source familiar with the situation said on Wednesday, as the media company seeks ways to shore up its finances in the face of falling advertising sales. Viacom had hir.....»»

Category: reviewsSource: yahooJan 11th, 2017

Viacom Wraps Purchase of U.K.’s Channel 5, Commissions Joint Projects

LONDON — Viacom Intl. Media Networks has wrapped its £450 million ($726 million) acquisition of U.K. free-to-air network Channel 5. Viacom also unveiled the first joint commissions between Channel 5 and Viacom’s U.K. pay TV channels. The deal wit.....»»

Category: topSource: varietySep 10th, 2014

Viacom, Other Media Stocks Get Respite After Two-Day Bloodbath

Stocks of several big media conglomerates recovered slightly in Friday morning, after the sector sloughed off more than $60 billion in market value over two days — a sell-off panic spurred by new signs the pay-TV biz is in systemic decline. Viacom l.....»»

Category: topSource: varietyAug 7th, 2015

Embattled Viacom CEO Philippe Dauman Takes His Case to the Company"s Employees

Urging the company not to be distracted by his current battle with Sumner Redstone, Viacom's top executive makes his argument for how Viacom's various businesses are moving "rapidly and successfully into the future."read more.....»»

Category: moviesSource: hollywoodreporterMay 25th, 2016

Viacom Misses Fiscal Q3 Financial Expectations As Paramount Cuts Revenues And Costs

There’s nothing in this mornings Q2 report that’s likely to change the minds of investors who have taken Viacom‘s share price down about 6.4% so far this year. Net earnings attributable to Viacom at $610M fell 5.1% vs the period last yea.....»»

Category: topSource: deadlineAug 6th, 2014

Viacom Misses Q2 Financial Expectations As Paramount Cuts Revenues And Costs

There’s nothing in this mornings Q2 report that’s likely to change the minds of investors who have taken Viacom’s share price down about 6.4% so far this year. Net earnings attributable to Viacom at $610M fell 5.1% vs the period last yea.....»»

Category: topSource: deadlineAug 6th, 2014

Former Viacom Chief Tom Freston Goes Public with Criticism of Philippe Dauman

Former Viacom chief Tom Freston is adding to the chorus of critics calling for Philippe Dauman to be replaced as chairman-CEO of Viacom. Preston gave a lengthy interview Wednesday to CNBC in which he didn’t hold back on his assessment of the state o.....»»

Category: topSource: varietyJun 16th, 2016

AT&T, DirecTV To Pitch Capitol Hill on Benefits of Merger

AT&T chairman and CEO Randall Stephenson, in scheduled appearances on Capitol Hill on Tuesday with DirecTV chairman and CEO Michael D. White, plans to tell lawmakers that their proposed $49 billion merger may lead to lower prices for consumers across .....»»

Category: topSource: varietyJun 28th, 2019

Starz CEO Chris Albrecht Talks Third-Quarter Earnings, Lionsgate Merger

"Hopefully we won't be talking again," the exec told analysts as he looked ahead to the close of his $4.4 billion deal with Lionsgate and touched on AT&T's own merger with Time Warner. read more.....»»

Category: moviesSource: hollywoodreporterOct 29th, 2016

U.S. FCC delays Charter-Time Warner Cable merger review by two weeks

(Reuters) - The U.S. Federal Communications Commission said it is delaying its informal deadline by 15 days to review the proposed $56 billion merger of cable rivals Charter Communications Inc and Time Warner Cable Inc . This delay in the 180-day countdow.....»»

Category: reviewsSource: yahooJan 19th, 2017

FCC starts 180-day countdown to review Charter-Time Warner Cable merger

U.S. Federal Communications Commission on Friday started a non-binding 180-day countdown to review the proposed $56 billion merger of cable rivals Charter Communications Inc and Time Warner Cable Inc. The FCC said it will collect the first wave of public .....»»

Category: reviewsSource: yahooSep 17th, 2015

Comcast says now expects to see merger review completed by mid-2015

Comcast Corp has reassessed the timing of the regulatory review of its proposed merger with Time Warner Cable Inc and now expects its conclusion in the middle of this year, a company executive said in a blog post on Wednesday. The $45 billion deal is unde.....»»

Category: reviewsSource: yahooMar 30th, 2015

U.S. FCC pauses Comcast-Time Warner merger review until January 12

By Alina Selyukh WASHINGTON (Reuters) - U.S. Federal Communications Commission on Monday once again paused its review of the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, citing delays in getting documents from Time Warner Cable. .....»»

Category: reviewsSource: yahooDec 28th, 2014

Lawmakers Press AT&T, DirecTV on Whether Merger Will Lead to Lower Prices

The CEOs of AT&T and DirecTV were pressed on Capitol Hill on whether their proposed $49 billion merger, pitched as a way to achieve cost efficiencies, would lead to lower prices for consumers, but neither company committed to such a scenario. Instead,.....»»

Category: topSource: varietyJun 24th, 2014