CBS and Viacom: The Long Road to Re-Merging the Redstone Empire
12 days ago - By The Wrap
The wait is finally over. CBS and Viacom on Tuesday announced the long-awaited merger of the two media and entertainment companies, recombining the sister companies that parted ways in 2005, and creating ViacomCBS.
It's taken roughly three years to even get the two companies - both majority owned by Shari Redstone's family holding company National Amusements - to agree to terms.
The courting has been tumultuous, to say the least, with nasty legal disputes and a tug-of-war battle between Redstone and former CBS chief Les Moonves for power and control over the futures of both Viacom and...
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CBS and Viacom Merge, Reuniting After More Than a Decade Apart
12 days ago - By Slash Film
Reunited and it feels so good: CBS and Viacom , two companies which were once joined but have spent nearly thirteen years operating as separate entities, are now merging once again. The deal could take months to be totally finalized, but this is a move that should give the newly-named ViacomCBS a fighting chance to survive in the streaming era.
Deadline brings word about the long-discussed merger, which results in what board chair Shari Redstone called “a world-class, multiplatform media organization that is well-positioned for growth in a rapidly transforming industry.” The transforming...
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