U.S. stock futures point to a higher open, after the Dow, S&P 500 and Nasdaq broke three-day losing streaks Wednesday.
CBS and Viacom are officially back together. After parting ways more than a decade ago, they announced Wednesday that their merger is official
Shari Redstone gets her wish, bringing about the merger of two media giants in a $25 billion deal. The plan is to become a content arms dealer in the streaming wars.
News Corp has tapped Viacom's outgoing tech chief, David Kline, as its next chief technology officer, the company confirmed to Business Insider on Monday. Kline is set to leave Viacom after its merger with CBS closes on Dec. 4. He joins News Corp in January. The publisher's current chief technology officer, Marc Frons, is leaving the company at the end of 2019. Click here for more BI Prime stories. News Corp has tapped Viacom's outgoing tech chief, David Kline, as its next chief technology officer, the company confirmed Monday. Kline was set to leave Viacom after its merger with CBS closes on Dec. 4. He joins News Corp in January. The publisher's current chief technology officer, Marc Frons, is leaving at the end of 2019, News Corp said. Frons, who spent four years at News Corp, rose to CTO in 2017, after serving as interim CTO and senior vice president and global head of mobile platform and deputy head of technology. He previously spent 9 years at The New York Times, in roles including chief information officer and chief technology officer of digital.
NEW YORK--(BUSINESS WIRE)--News Corp announced today that David Kline will become Chief Technology Officer, beginning in January. He will succeed Marc Frons, who has held the post since 2016. Mr. Kline joins News Corp from Viacom, where he served as CTO since 2010. “David Kline is expert at driving innovation and efficiency in businesses that distribute quality content worldwide,” said Robert Thomson, Chief Executive of News Corp. “He is the ideal person to take the baton from Marc Frons, who h
According to Jehil Thakkar, Partner (Media and Entertainment), Deloitte, in an environment when growth, especially advertising growth, has come down to 7-8 per cent from the earlier 13-14 per cent, consolidation is bound to be on the cards
NEW YORK--(BUSINESS WIRE)---- $VIAB--Paramount Network today released the official trailer for 68 Whiskey, a new scripted, comedic drama from Brian Grazer and Ron Howard’s Imagine Television Studios and CBS Television Studios. 68 Whiskey is the first scripted follow-up to Paramount Network’s smash hit Yellowstone, starring Kevin Costner, cable’s #1 original series for the past two summers. 68 Whiskey premieres on Wednesday, January 15 at 10:00 p.m. ET/PT on Paramount Network. Blending intense drama with
I was raised without cable, so my trips to grandma’s were extra special. That’s where my brother caught a glimpse of his first “girlfriend,” Dora the Explorer, on Nick Jr. It’s where “Rocket Power” taught me the fun of rebellion — and the lameness of being a shoobie. It’s where Keenan taught me French from a bathtub in “All That,” and where “The Amanda Show” taught me to prank call. These old Nick shows are buried in distant archives, but Netflix Inc (NASDAQ: NFLX ) is offering hope of revival. Netflix recently announced a multi-year content deal expanding its relationship with Viacom's (NASDAQ: VIAB ) Nickelodeon. The agreement will bring original productions based on new and retired characters. Over the last few years, Nick has used the platform to relaunch “Rocko’s Modern Life” and “Invader Zim.” Benzinga has a few requests for the latest round. See Also: The Teenage Existential Crisis: In Memory Of Our First AOL … Full story available on Benzinga.com
NEW YORK--(BUSINESS WIRE)--Viacom and CBS Announce ViacomCBS Corporate Leadership
Shari Redstone, the billionaire media heiress whose family owns CBS and Viacom, thinks the media industry has a poor “track record” when it comes to paying its executives. “I believe that it should be performance-based,” Redstone told a crowd at a media conference in Midtown Manhattan Friday. “The media industry does not have a good…
NEW YORK--(BUSINESS WIRE)--Viacom Renews The Office Through 2025
CNBC's Jim Cramer breaks down how Cisco's stock woes reflect other tech stocks, sits down with Viacom CEO Bob Bakish to talk streaming and the merger with CBS, and explains why the U.S.-China trade war could be at risk of dragging for years.
Viacom (NASDAQ:VIAB) released its quarterly earnings data on Thursday. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.03, Briefing.com reports. Viacom had a net margin of 12.68% and a return on equity of 21.71%. The company had revenue of $3.43 billion during the quarter, compared […]
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