Joe Ianniello


CBS misses predictions but remains positive

CBS has once again failed to meet Wall Street estimates, with Q3 results being hamstrung by a now-resolved 19-day carriage dispute with AT&T. The broadcaster’s revenue grew slightly by 1% to $3.3bn year-over-year, but missed estimates by $60m. Investment in big-budget content also resulted in a dip of operating income by 21% year over year, […]

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 […]

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 […]

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 names Showtime boss as its creative chief

Showtime boss David Nevins has been named chief creative officer at CBS Corporation, effective immediately. The news has arrived from Joe Ianniello, who is CBS’ president and acting CEO after the departure of Leslie Moonves last month. Nevins has also been promoted to chairman of Showtime Networks and will remain the business’s chief executive officer. […]

CBS says new platforms allow it to ‘reset’ content sales business

CBS’ COO Joe Ianniello has told analysts that the introduction of new platforms and digital services is allowing the company to “reprice and reset” what it can command for its content. CBS recently issued bullish forecasts for its international content business and Ianniello told a Wells Fargo TMT conference this week that the advent of […]