Tag: Viacom

The merger of CBS Corporation and Viacom is now complete, with ViacomCBS CEO Bob Bakish calling it a "historic moment" for the media industry.

Viacom reported stronger U.S. ad revenues and gains in its international business in Q4 and fiscal 2019, as well as a return to profitability at Paramount.

Chris McCarthy and David Nevins are both adding new channels to their remit under the proposed ViacomCBS merger structure, while Kent Alterman and Sarah Levy exit the company.

CBS and Viacom have revealed the senior leadership appointments across ViacomCBS’ revenue lines, with Armando Nuñez to serve as chairman of global distribution and chief content licensing officer and David Lynn to oversee the combined company’s international media networks.

President and CEO Robert Bakish says he is confident that ViacomCBS’s ability to own and distribute content across the entire media ecosystem—in-house and third-party platforms, linear and streaming, free TV and pay—ensures the company’s wellbeing whatever changes the future may hold.

Viacom has acquired the exclusive cable rights for all 180 episodes of Seinfeld from Sony Pictures Television.

David Chustz has been promoted to the post of executive VP of global creative at Viacom Nickelodeon Consumer Products (VNCP).

CBS and Viacom have officially agreed to merge, with Bob Bakish to lead the combined company.

Viacom's revenues rose by 4 percent in the third quarter to reach $3.36 billion, with net profit from continuing operations rising by 5 percent to $538 million.

John Curbishley has been promoted to executive VP of distribution strategy, operations and new business, a newly formed team within Viacom’s distribution and business development group.