Tag Archives: CBS

CBS is merging with Viacom

CBS is merging with Viacom after months of negotiations, reuniting the two companies for the first time since they split in 2005. The deal will increase CBS’s content offering to customers — a growing importance as the streaming wars heat up. Julia Alexander, The Verge » https://ift.tt/2YIipIZ
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CBS Stock Jumps At Opening Bell, Viacom Sinks As Merger Deal Nears Close

The boards of both companies worked through the weekend to hammer out terms of their long-expected reunion, with the amount of stock being exchanged between the companies remaining the main sticking point. The companies earlier had reached significant clarity about the management structure, agreeing that current Viacom CEO Bob Bakish would run the combined company, with acting CBS chief Joe Ianniello in a top role. – Dade Hayes, Deadline Hollywood » http://dlvr.it/RB5jLV

CBS, Viacom Reach Tentative Management Structure for Combined Company

The agreement remains fluid, according to people familiar with the situation, but calls for Viacom CEO Bob Bakish to take the reins of a combined Viacom and CBS, with Joe Ianniello, acting CEO of CBS Corp. being offered a position overseeing all of the CBS-branded assets at a newly merged concern. Christina Spade, CBS’ chief financial officer, could become the CFO of the new company, these people said. – Brian Steinberg, Variety » https://trib.al/OudAfOd

James Marsden, Amber Heard Among Four Cast in ‘The Stand’ at CBS All Access

Based on the Stephen King novel of the same name, “The Stand” will star James Marsden, Amber Heard, Odessa Young and Henry Zaga in main roles. The streaming platform has also revealed that the prolific author himself will write the final episode of the series, providing a “new coda” that goes beyond the book. The announcements were made by Julie McNamara, executive vice president of original content for All Access at CBS’ summer Television Critics Association presentation. – Will Thorne, Variety » https://trib.al/ZsQRNox
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