Bob Bakish has said Viacom must focus on expanding the international reach of the Comedy Central and Paramount Channel brands. Bakish is replacing Tom Dooley as interim president and CEO of Viacom on Tuesday (November 15). He is tasked with providing strategy for the company as it explores merger possibilities with CBS Corp., which shares […]
The recombination of National Amusements subsidiaries CBS Corp. and Viacom has moved another step forwards. CBS has reportedly retained banks Moelis & Co. and Goldman Sachs to advise on the possible merger, which has been on the table since Shari Redstone and her father, Sumner Redstone, took more active control of Viacom. CBS and Viacom […]
CBS Corp. will only recombine with Viacom “if it looks rights and is structured properly”, according to chairman and CEO Les Moonves. Speaking on an investor call yesterday, Moonves said the currently healthy financial and creative position of CBS meant merging with Viacom, which has the same parent company, “if it is in the best […]
Viacom’s international and US channel groups are merging into a new unit that Bob Bakish will lead as interim company president and CEO. Viacom International Media Networks and domestic networks arm Viacom Music and Entertainment Group are coming together as Viacom Global Entertainment Group (VGEG). Furthermore, the Viacom Kids and Family Group, which Cyma Zarghami […]
Viacom’s international president and CEO, Bob Bakish, is set to be named interim chief executive of the wider business as the possibility of a merger with CBS is explored. Bloomberg cited unnamed sources as saying Viacom International Media Networks boss Bakish was “close” to landing the post. Current interim CEO Tom Dooley is leaving the […]
YouTube has signed up CBS as the first major US network for a new online TV service that it plans to launch early next year, according to reports. The Wall Street Journal and Reuters both reported that YouTube’s parent company, Google, had reached terms with CBS and is in advanced talks with 21st Century Fox […]
Netflix and Amazon spent more money on programming last year than CBS, HBO, Turner and most countries – including South Korea and Australia – according to new research. The IHS Markit report claims that between 2013 and 2015, Netflix and Amazon more than doubled their annual expenditure on programming, with the internet firms spending a […]
Ericsson has acquired over 2,500 hours of content through a raft of deals for the Nuvu subscription video-on-demand service it launched earlier year. Ericsson has acquired content from a range of international distributors including Viacom – with content from BET and Nickelodeon – MGM, CBS, Al Jazeera, DHX Media and Mattel. Titles acquired include Hawaii […]
National Amusements, which owns controlling stakes in both firms, last week urged the pair to look at merging. Viacom responded by forming a special committee that comprises independent directors Thomas May and Nicole Seligman, who will act as co-chairs, and Kenneth Lerer, Judith McHale, Ronald Nelson and Charles Phillips. CBS has confirmed it had created […]
The majority shareholder of Viacom and CBS has urged the US media giants to re-merge. National Amusements has sent an open letter to CBS Corp. chairman, president and CEO Les Mooves and the Viacom board of requesting they “explore a potential combination”. CBS and Viacom operated as one company between 1999 and December 2005, but […]
Virgin Media O2 strikes pact with @dazngroup for PPV boxing, app set-top access #TopStoriesofTheWeek… twitter.com/i/web/status/1…
01 April 2023 @ 09:00:01 UTC
ICYMI: Amazon @PrimeVideo extends French broadcast rights of Roland-Garros digitaltveurope.com/2023/03/31/ama… https://t.co/SxgM8z9qII
31 March 2023 @ 21:00:01 UTC
ICYMI: @BBC to cut 1,000 hours of programming as licence fee freeze bites digitaltveurope.com/2023/03/31/bbc… https://t.co/23ybyIy1bj
31 March 2023 @ 20:00:01 UTC
ICYMI: @dazngroup set to make move for EFL rights digitaltveurope.com/2023/03/31/daz… https://t.co/2vDpYfRAjE
31 March 2023 @ 19:00:07 UTC
AMC Networks and VIZIO expand partnership digitaltveurope.com/2023/03/31/amc… https://t.co/NNwydIcnKl
31 March 2023 @ 18:00:01 UTC
