Parent Company National Amusements Pulls the Plug on CBS-Viacom Merger
The merger of CBS and Viacom, which seemed like a foregone conclusion for much of the year, is instead on hold—perhaps permanently.
Why the Public, Bitter Battle Over Viacom’s Future Shouldn’t Affect Its Upfront Negotiations
As Hollywood-related civil wars go this summer, Captain America and Iron Man have got nothing on Sumner Redstone and Philippe Dauman, who are engaged in a public, bitter battle over [...]
Philippe Dauman Named Executive Chairman of Viacom, As Sumner Redstone Steps Down
Just 48 hours ago, Sumner Redstone was the executive chairman of both CBS Corp. and Viacom. But now, he has been replaced at both companies.
Les Moonves Is Named Chairman of CBS, Replacing Sumner Redstone
Les Moonves, CBS Corp.'s CEO and president, has been named chairman of the company. He replaces the ailing Sumner Redstone, who resigned Tuesday as executive chairman but will remain as [...]
Cablevision, Viacom War Could Cost a Bundle
Cablevision, which is suing Viacom for illegally bundling its networks, on Thursday released a heavily-redacted version of its complaint against the cable conglomerate, which includes the charge that Viacom threatened [...]
Analyst on Beleaguered Viacom Stock: ‘It’s Far and Away My Most Screaming Buy’
Here is a tale designed to stress out even the most unflappable investor: once upon a time, there was a cable conglomerate with some major ratings problems.