CBS and Viacom have agreed to become ViacomCBS, as part of a deal to reunite the media companies after 13 years (CBS, VIA, VIAB)
Tuesday, 13 August 2019 () · CBS and Viacom reached a deal on Tuesday to reunite the two companies after 13 years apart.
· The proposed deal, if completed, would create a media giant called ViacomCBS, Inc. with roughly $28 billion in revenue.
· Viacom CEO Bob Bakish would lead the combined company as president and CEO, and current CBS CEO Joe...
The Dow Jones Industrial Average will face headwinds Monday following a note published by Goldman Sachs over the weekend saying that the U.S.-China trade war could last until after the U.S. presidential election in 2020. The firm also said that its fear that the trade war will lead to a recession is...
CBS and Viacom agree to merge after years of discussion. After years of back-and-forth discussions, media giants CBS and Viacom will merge. The new company, ViacomCBS, will be headed by Viacom CEO Bob..
CBS Corp. and Viacom Inc. are so close to re-merging that the media conglomerates could announce a deal as early as Monday. The two companies worked through the... bizjournals Also reported by •The Age •Seattle Times •Reuters