Mark your calendar for Mediaweek, October 29-30 in New York City. We’ll unpack the biggest shifts shaping the future of media—from tv to retail media to tech—and how marketers can prep to stay ahead. Register with early-bird rates before sale ends!
CBS Corp. chairman and controlling shareholder Sumner Redstone said Thursday that the company never will be reunited with sibling Viacom, which he also controls.
Redstone said at CBS’ annual shareholder meeting in Midtown Manhattan that a renewed combination would “absolutely not happen” despite a recent New York Post report suggesting that Viacom CEO Philippe Dauman was pushing for it sometime in the future.
CBS and Viacom split in 2006.
“There has never been any such plan in existence and never will be,” Redstone said.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in