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The move puts the CBS broadcast network, Viacom’s stable of cable channels like MTV and Nickelodeon, and the Paramount film and TV studio under one roof. The two companies agreed in August to an ...
following Viacom’s 1999 acquisition of CBS, the reunion brought together two TV studios, the Viacom-owned Paramount Network Television, a major supplier to all networks with a deep library ...
By Alex Weprin Senior Editor Another lawsuit connected to the 2019 merger of CBS and Viacom has been settled ... party was paying the settlement to Paramount (it was a shareholder derivatives ...
April 21 (Reuters) - Paramount Global PARA.O has agreed to a $167.5 million settlement of a case stemming from the 2019 merger of Viacom Inc and CBS Corp that created the entertainment company ...
As CBS and Viacom put the pieces back together again and rejoin after nearly 15 years apart, it also means that the former Paramount TV studio assets will be back in the same family as Paramount ...
The joint company also possessed clear synergies: Showtime, which ended up going with CBS in the divorce, had a need for movies that Paramount, which stayed with Viacom, could provide.
Paramount Global faces a separate class action lawsuit from the CBS shareholders. Last month, the company reported a net loss attributable to common stockholders of $37.9 million. 9 Out of the ...
ViacomCBS will change its corporate name to Paramount as of Feb. 16 ... Redstone, daughter of the late Viacom and CBS mogul Sumner Redstone, said her focus for the family media empire was to ...
Shareholders brought the suit in 2019, alleging that CBS overpaid for Viacom, at the urging of Shari Redstone. By Alex Weprin Senior Editor Paramount Global has agreed to settle a shareholder ...
CBS and Viacom said Tuesday they will reunite, bringing together their networks and the Paramount movie studio as traditional media giants challenge streaming companies like Netflix. Viacom owns ...
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