Wednesday, August 14, 2019

CBS & Viacom

They are back together again...like they were in my novel "$everance". From this morning's RAMP Newsletter...

After 13 years apart, CBS Corporation and Viacom announced they have entered into a definitive agreement to reunite in an all-stock merger, creating a combined company -- to be called ViacomCBS Inc., which will house CBS Television, CBS All Access, Showtime, Comedy Central, MTV, Nickelodeon and BET, as well as Paramount Pictures, the Paramount Network and other major media assets. Bob Bakish, President & Chief Executive Officer of Viacom, will become President & CEO of the combined company, while Joe Ianniello, President & Acting CEO of CBS, will become Chairman & CEO of CBS.

And yes, $everance really was written 13 years ago.