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 ]
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THIS IS THE 30th in a series of dialogues with artists, writers, and critical thinkers on the question of violence. This conversation is with Natasha Lennard, an author, activist, and journalist whose work has been featured in many publications, including The Intercept, The New York Times, and... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2019-07-01 12:30:03 UTC ]
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What to do while you wait for Netflix’s Sarah Dessen Adaptations: Obviously, get thee to a bookstore and read her ... Continue reading at Book Riot
[ Book Riot | 2019-06-29 10:31:00 UTC ]
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Welcome to the first edition edition of Ad Age TV Brief, a new roundup of news from the world of broadcast, cable, streaming and beyond. Sinclair under fire “The Federal Communications Commission is investigating whether Sinclair Broadcast Group Inc. misled the government agency during its... Continue reading at Advertising Age
[ Advertising Age | 2019-06-28 20:34:29 UTC ]
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Philip H. Geier, Jr., the long-time chairman and CEO of the advertising giant known as The Interpublic Group of Companies, died on Wednesday, June 19, at the age of 84. Over the course of his nearly six-decade-long career, Geier made a name for himself in the worlds of both advertising and... Continue reading at Advertising Age
[ Advertising Age | 2019-06-24 19:42:28 UTC ]
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This guide, from the women behind theSkimm, is what you’d expect: A chatty collection of information and advice. Continue reading at The Washington Post
[ The Washington Post | 2019-06-24 14:44:00 UTC ]
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Vermilion is launching a its own Life Essentials series in August starting with revamps of five bestsellers featuring "original thinking and life-changing ideas" including How to Win Friends and Influence People and Feel the Fear and Do It Anyway. Continue reading at The Bookseller
[ The Bookseller | 2019-06-23 23:08:26 UTC ]
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The Los Angeles Times Book Club is reading "The Library Book" by Susan Orlean. Here's an excerpt. Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-06-19 10:00:08 UTC ]
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The Los Angeles Times Book Club is reading "The Library Book" by Susan Orlean. Here’s an excerpt. The opposite of a sensory-deprivation tank might be to spend a Monday morning in the library’s InfoNow Department. The phone rings with that weird blooping electronic tone all day long, and the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-06-19 10:00:00 UTC ]
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The "I Will Teach You To Be Rich" title is polarizing, but the advice is on point. Continue reading at The Huffington Post
[ The Huffington Post | 2019-06-17 15:11:03 UTC ]
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The novelist resurrects characters from “Reamde” with a completely different story. Continue reading at The Washington Post
[ The Washington Post | 2019-06-16 18:38:53 UTC ]
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Anna Fifield traces the North Korean leader’s rise, ruthlessness and surprising openness. Continue reading at The Washington Post
[ The Washington Post | 2019-06-14 12:00:00 UTC ]
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Memoirs of faith by Rachel Denhollander, Tom Voss and Rebecca Anne Nguyen, Helen Prejean, and others teach and reassure readers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-14 04:00:00 UTC ]
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African publishers should publish more books in indigenous languages to stop their disappearance and to increase the awareness of African writers in their own countries, the celebrated Kenyan writer and activist Ngugi wa Thing’o told delegates at the second International Publishers Association... Continue reading at The Bookseller
[ The Bookseller | 2019-06-13 23:53:47 UTC ]
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The combative LBC presenter on why it’s not fair to call him smug, tackling prejudice and the therapeutic powers of a good walkJames O’Brien is an award-winning radio presenter and podcaster whose current affairs phone-in show on LBC has almost a million weekly listeners. Described as “the... Continue reading at The Guardian
[ The Guardian | 2019-06-09 11:00:23 UTC ]
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In her memoir “How to Forget,” the actress shows another side of her steely TV persona. Continue reading at The Washington Post
[ The Washington Post | 2019-06-07 12:00:00 UTC ]
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The ALA’s new Graphic Novel and Comics Roundtable aims to transform the way that books in the medium are collected and circulated by libraries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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They meet one Wednesday a month in the wood-paneled boardroom of the art-filled Cerritos Library, with its life-sized replica of a Tyrannosaurus rex and 15,000-gallon saltwater fish tank. Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-06-06 10:00:01 UTC ]
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They meet one Wednesday a month in the wood-paneled boardroom of the art-filled Cerritos Library, with its life-sized replica of a Tyrannosaurus rex and 15,000-gallon saltwater fish tank. They are mostly retired and most sincerely avid readers. They are polite and funny and kind. They are... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-06-06 10:00:00 UTC ]
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Kristen Arnett’s debut follows a woman trying to keep her family’s taxidermy shop afloat. Continue reading at The Washington Post
[ The Washington Post | 2019-06-05 13:50:57 UTC ]
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Randall Munroe, creator of the sensational web comic 'Xkcd,' meets 'Mythbusters' co-host Adam Savage to offer some helpful (and sometimes hilariously impractical) life hacks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-02 04:00:00 UTC ]
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