Simon & Schuster Sold
Viacom has announced that it has sold Simon & Schuster to Penguin Random House LLC for $2.175 billion in cash. “This divesture...
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It’s Official – CBS And Viacom To Merge
In a move that will bring all of Star Trek under one umbrella, CBS and Viacom have agreed to merge into one...
CBS-Viacom Merger Expected Soon
We’ve heard rumors for a while about a CBS-Viacom merger and now comes word, via The Hollywood Reporter, that this merger could...
CBS And Viacom Nearer To Merger Talks
According to Variety, CBS‘s board of directions is “moving closer to initiating acquisition discussions with Viacom.” This comes after settling its own...
CBS Chairman-CEO Moonves Resigns
CBS‘s Les Moonves has stepped down from his position in CBS after multiple sexual assault accusations over the last few months. “We...
CBS Shares Drop In Value
After legal battles between CBS and Viacom, CBS shares dropped four percent yesterday. CBS doesn’t feel that the merger would be in...
CBS Sues Viacom
CBS Corporation has filed a lawsuit to stop a merger of CBS and Viacom, Inc. CBS “seeks a temporary restraining order to...
Viacom To CBS: No Thanks
According to Variety, the “special committee of the Viacom board is said to have rejected outright the acquisition bid submitted by CBS‘s...
Update On Potential CBS/Viacom Merger
Negotiations are proceeding in the merger talks between CBS and Viacom, but all is not well. According to Reuters, CBS “intends to...
Paramount Pictures Looking For Passive Investor
Viacom, Inc., Paramount Pictures‘ parent company, is looking for investors willing to pony up cash without wanting to run things. Skydance Media...
Star Trek 2 In 2013
Fans hoping for Star Trek 2 in 2012 are in for a bit of a disappointment, as it’s more likely that the...
Viacom Profits With Help From Star Trek XI
The fourth quarter and full year revenue results for Viacom Inc. (parent company of Paramount) were released and the company did better...