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TBI Weekly: ViacomCBS, a US deal with global implications

CBS and Viacom’s merger might have created a $30bn US-based content company but a foray into their assets reveals a swathe of interests that stretch far beyond American shores, with implications for companies in the UK, Argentina, Australia, India and beyond. In one light, the deal is simply the latest salvo in the long line […]

ViacomCBS eyes further acquisitions after merger

Discovery and Sony Entertainment have been mooted as potential targets for ViacomCBS as it looks to bolster the newly merged company with further acquisitions, following the creation of the $30bn outfit yesterday. The long-awaited merger will see brands including CBS, Showtime, Nickelodeon, MTV, BET and Comedy Central coming under one roof, along with CBS Television […]

CBS, Viacom conclude long-awaited merger

CBS and Viacom have agreed a long-awaited merger deal that will see the two businesses operate as ViacomCBS Inc. moving forward. The deal comes after months of speculation around a merger – the third such attempt since 2016, when a reunification of the two businesses was first explored. New leadership has been set out, with […]

Viacom, CBS enter final stretch of merger talks

CBS and Viacom are nearing a deal for a merged company, with the final stumbling block appearing to be an agreement on exchange ratio.  According to Variety, board members from the businesses spent the better part of the weekend hammering out final details around the merger. It is believed that a deal could be reached […]

Pluto TV delivers for Viacom as user base grows by 50%

Viacom’s AVOD business Pluto TV saw its monthly user base rise by 50% between Viacom’s acquisition of the business in January and the end of July, ending that month with 18m active users. News of Pluto’s progress was revealed as Viacom posted solid fiscal Q3 numbers on the back of a recovery in its domestic […]

CBS, Viacom miss anticipated merger deadline

CBS and Viacom have missed their anticipated deadline for a merger deal. According to reports, the businesses had hoped to sign off on a deal in time for CBS’s quarterly earnings, set to be announced later today (8 August), but an agreement was not reached in time. The delay is due to final negotiations over […]

CBS, Viacom agree on management team for merged company

The on-again, off-again CBS/Viacom merger looks to be entering its final stages, with the companies reportedly agreeing upon a management team that will lead the merged business. As reported by the Wall Street Journal, Viacom boss Bob Bakish will be the CEO of a newly combined company, with acting CBS CEO Joe Ianniello set to […]

CBS recouples with ‘Love Island’

Love Island is returning Stateside for a second season. US broadcaster CBS has renewed the ITV Entertainment-produced format one week out from its season one finale. Kelly Kahl, president of CBS Entertainment, and Thom Sherman, SVP of programming for CBS Entertainment, announced the renewal at the Television Critics Association press tour this week. News of […]

Pop TV orders comedy from American Pie’s Adam Herz

CBS-owned US network Pop TV has ordered an eight-part coming-of-age comedy series from American Pie scribe Adam Herz. Best Intentions is being produced by A+E Studios with Propagate Content and will go into production in the autumn. The show revolves around a kind-hearted but painfully awkward single father whose hapless efforts to woo a fellow […]

CBS gears up for Viacom offer

CBS is preparing to make a bid to purchase Viacom, a new report claims. This news looks like it could be the final chapter in a long-running drama of an acquisition, with this being the third time in as many years that the companies have explored a merger. According to a report in the Wall […]

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