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CBS/Viacom Merger News and Updates

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georgiapeach:
This was previously being discussed in the Les Moonves thread as well.

Moving forward:

https://www.cnbc.com/2019/07/15/cbs-viacom-set-august-8-as-informal-deadline-for-merger-talks.html

https://deadline.com/2019/07/cbs-and-viacom-head-toward-mutual-august-earnings-date-as-merger-talks-continue-1202646594/

georgiapeach:
https://deadline.com/2019/08/cbs-and-viacom-set-merged-management-structure-to-play-to-strongest-strengths-1202660178/

Mandoli:
Later than what was expected, but officially official:


--- Quote ---CBS and Viacom have agreed to merge, ending years of on-and-off talks.

The new company will be called ViacomCBS, and Viacom’s CEO, Bob Bakish, will be the CEO of the combined company. Joe Ianiello, who was serving as CBS CEO since last year, will be the chairman of CBS and will be in charge of CBS assets after the merger.
--- End quote ---

Link: CBS and Viacom reach merger deal, ending years of discussions [CNBC]

georgiapeach:
And...we're done. For now?


https://www.washingtonpost.com/business/cbs-and-viacomreunite-just-in-time-for-a-media-fight/2019/08/13/3fb13c86-be02-11e9-a8b0-7ed8a0d5dc5d_story.html

theschnauzers:
Keep an eye on who’s in charge of what. Within a year, it’s very likely there will be NO revenants of the Moonves era at CBS in the corporate suite of ViacomCBS. (And with Julie Chen Moonves contract being up in September and the cancellation of all four CBS drama summer series, it’s quite likely the summer schedule will be quite different. (Love Island is a post-Moonves series.)

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