It ultimately took an extraordinary set of circumstances to clear the way for the reunion, but after three years of hemming and hawing (and the headlines-grabbing ouster of Les Moonves), CBS and Viacom have at long last agreed to a merger. The deal will bring together the CBS, Showtime, MTV, Nickelodeon and Paramount Pictures brands, among many others, under a single entity known as ViacomCBS. In effect, today’s agreement undoes the 2005 split engineered by Viacom Chairman and CEO Sumner Redstone, which in turn pulled apart the 2000 merger of the broadcast and cable assets. At the time, that initial amalgamation of assets was valued at $44 billion; by comparison, today’s ViacomCBS is worth about $30 billion. Of greater importance to shareholders, however, is how ViacomCBS stacks up against the other power players in the media space. As much as the consolidation is a necessary step in trying to remain competitive with the rest of the playing field, the new company still doesn’t enjoy the sort of scale that will allow it to go toe-to-toe with the likes of Walt Disney Co. and its $248.4 billion market cap, AT&T ($255 billion) and Comcast ($198.5 billion). Which brings us to item No. 1 in our roundup of What This All Means: Shari Redstone is going shopping The chairwoman of the board of directors has a shortlist of properties she’d like to acquire in order to bolster ViacomCBS’s standing in the media market, and among the most likely targets are Discovery ($15.2... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-08-13 20:58:29 UTC ]
News tagged with:
#statement issued
#wall street
#ad sales
#human resources
#nielsen
Legal Action Group will publish a children's book based on the life of Supreme Court president Lady Hale next month. Continue reading at The Bookseller
[ The Bookseller | 2019-09-25 19:10:02 UTC ]
More news stories like this | News stories tagged with:
#publish children
#book based
#lady hale
#children's book
#children’s book
If this particular model of the Acer Aspire 5 looks familiar, it's probably because it's been sitting atop Amazon’s laptop bestseller list for months. It’s easy to understand why. With a list price of $350 but usually selling for closer to $310, this AMD Ryzen 3-powered Aspire 5 packs some... Continue reading at PC World
[ PC World | 2019-09-25 10:00:00 UTC ]
More news stories like this | News stories tagged with:
#list price
#6-inch display
#solid performance
#power adapter
#bestseller list
Ratings for Fox’s presentation of the 71st Primetime Emmy Awards plummeted to an all-time low Sunday night, but given that the broadcast now functions as a three-hour infomercial for the streaming services and premium cable networks that are gobbling network TV’s lunch, it’s perhaps for the best... Continue reading at Advertising Age
[ Advertising Age | 2019-09-23 22:17:27 UTC ]
More news stories like this | News stories tagged with:
#traditional tv
#anthology
A man’s death and a masterpiece’s birth are the conjoined subjects of Steven Price’s historical novel. Continue reading at The Washington Post
[ The Washington Post | 2019-09-19 13:00:00 UTC ]
More news stories like this |
At the end of 2018, Magna Global released its advertising forecast, which predicted that digital advertising will account for 50 percent of global ad spend in 2019. During my decade in the digital media space, part of which has been as the vice president of a digital media and ad tech marketing... Continue reading at Advertising Age
[ Advertising Age | 2019-09-18 14:00:00 UTC ]
More news stories like this | News stories tagged with:
#growing exponentially
#digital media
Indie publisher The History Press has scooped a book on the forgotten female gangsters from the last four centuries found in the archives of Holloway Prison. Continue reading at The Bookseller
[ The Bookseller | 2019-09-16 07:58:19 UTC ]
More news stories like this | News stories tagged with:
#history press
#indie publisher
"Always running," the former East Los Angeles gang member Luis says as the first words of his opening monologue, words that also provide the title of the play at Casa 0101 Theater in Boyle Heights. Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-09-15 00:53:52 UTC ]
More news stories like this | News stories tagged with:
#memoir
We've seen people turn neural networks to almost everything from drafting pickup lines to a new Harry Potter chapter, but it turns out classic text adventure games may be one of the best fits for AI yet. This latest glimpse into what artificial intel... Continue reading at Engadget
[ Engadget | 2019-09-11 19:39:00 UTC ]
More news stories like this | News stories tagged with:
#harry potter
Ann Patchett’s new novel is a moving story of siblings who lose everything—except each other. Continue reading at The Bookseller
[ The Bookseller | 2019-09-09 09:22:01 UTC ]
More news stories like this | News stories tagged with:
#ann patchett
#moving story
Staffers at the Pittsburgh Post-Gazette were surprised to learn April 15 that, along with the Pulitzer Prize for breaking news, Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-09-06 14:54:26 UTC ]
More news stories like this | News stories tagged with:
#breaking news
#pulitzer prize
“She advised me to read more German authors,” says the writer and singer, whose latest memoir is “Year of the Monkey.” Continue reading at The New York Times
[ The New York Times | 2019-09-05 09:00:00 UTC ]
More news stories like this | News stories tagged with:
#reading life
#german authors
#latest memoir
#memoir
Her new poetry collection, “Be Recorder,” is a bracing examination of America’s promise. Continue reading at The Washington Post
[ The Washington Post | 2019-09-04 16:16:23 UTC ]
More news stories like this | News stories tagged with:
#poetry collection
Truong’s book is made up of women’s voices, each of them relating a version of the writer they loved. Continue reading at The Washington Post
[ The Washington Post | 2019-08-29 17:16:30 UTC ]
More news stories like this | News stories tagged with:
#monique truong
#sweetest fruits
The rise of unionization in digital media is normally framed in one of two extreme ways: as an innovation-killing millstone Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-08-29 15:09:31 UTC ]
More news stories like this | News stories tagged with:
#digital media
The collective bargaining agreements ratified at publications including The Dodo and Vox Media have required more information about how their companies are organized. The post ‘It definitely adds more complexity’: How life has (and hasn’t) changed at unionized digital media companies appeared... Continue reading at Digiday
[ Digiday | 2019-08-29 04:01:18 UTC ]
More news stories like this | News stories tagged with:
#publications including
#vox media
#digital media
Like a phoenix rising from the ashes, magazines are being reborn for the newsstands. As more magazines go dark and become digital-only, publishers are finding ways to keep those outlets alive in their original medium as special interest publications. The big magazine publishing houses have been... Continue reading at AdWeek
[ AdWeek | 2019-08-26 22:00:11 UTC ]
More news stories like this | News stories tagged with:
#finding ways
#magazine publishing
Risbridger’s “Midnight Chicken” is a cookbook, a memoir and a bittersweet love story. Continue reading at The Washington Post
[ The Washington Post | 2019-08-26 12:00:00 UTC ]
More news stories like this | News stories tagged with:
#ella risbridger
#memoir
When we think of manga, we picture action-packed fantasy stories that feature young teens. But a closer look at the ... Continue reading at Book Riot
[ Book Riot | 2019-08-16 10:36:51 UTC ]
More news stories like this | News stories tagged with:
#manga
Caitlin Horrocks’s historical novel explores why the Frenchman wasn’t better known. Continue reading at The Washington Post
[ The Washington Post | 2019-08-13 16:42:32 UTC ]
More news stories like this | News stories tagged with:
#caitlin horrocks
HEROES CARRY SWORDS. Pale women with fine blonde hair are chosen for a special fate. Ugly sub-humans, often dark-skinned, offer diabolical bargains or, in an indistinguishable horde, hang out until the good guys stab them to death. Evildoers crave power, and the good reliably shrink from it.... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2019-08-10 12:30:59 UTC ]
More news stories like this | News stories tagged with:
#classic fantasy
#popular imagination
#big book