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United Kingdom

Kenneth Li

ViacomCBS is just the beginning of Shari Redstone's media deals

15 Aug 2019

NEW YORK More than two months before CBS Corp and Viacom Inc succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger.

CBS, Viacom reunite with plans for bigger role in streaming TV wars

14 Aug 2019

CBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redstone's U.S. entertainment empire, betting that a larger company will be able to compete and partner better in a media industry dominated by giants. | Video

FOCUS-CBS-Viacom is just the beginning of Shari's Redstone's media deals

13 Aug 2019

NEW YORK, Aug 13 More than two months before CBS Corp and Viacom Inc succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger.

CBS shareholders to get slight premium from Viacom deal: sources

13 Aug 2019

NEW YORK CBS Corp and Viacom Inc are in the final stages of negotiating an all-stock merger that values Viacom at a discount to its closing price on Friday, two sources told Reuters.

Viacom stages U.S. ad rebound as CBS talks continue

08 Aug 2019

Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon cable networks, beat estimates for quarterly revenue and profit on Thursday, as it posted rare growth in domestic advertising revenue after five years of declines.

'NBA 2K', 'Grand Theft Auto V' help Take-Two surge past estimates

05 Aug 2019

Videogame publisher Take-Two Interactive Software Inc raised its full-year revenue forecast on Monday, boosted by the success of its games "NBA 2K", "Grand Theft Auto V" and "Red Dead Redemption 2", sending its shares up 7% in extended trading.

CBS, Viacom reach working agreement on leadership team: sources

02 Aug 2019

Viacom Inc and CBS Corp have worked out a management structure in which Viacom Chief Executive Officer Robert Bakish would lead the combined company if the two entities reach a deal to merge, sources familiar with the matter said.

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