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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No, the origins of Tetris didn't involve a high-speed car chase, but the true story behind the game still reads like a spy novel. There's corporate intrigue, nefarious government agencies and an envious amount of globe-trotting. But the reality wasn't enough for the creative minds behind Apple's... Continue reading at Engadget
[ Engadget | 2023-03-30 12:30:20 UTC ]
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Even the most passionate bibliophile gets annoyed by aspects of books and the book world sometimes. Here are some examples. Continue reading at Book Riot
[ Book Riot | 2023-03-22 10:34:00 UTC ]
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The eighth annual Walter Awards Ceremony and Symposium took place as a hybrid event at the Martin Luther King Jr. Memorial Library in Washington, D.C., and online on March 17. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-21 04:00:00 UTC ]
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Francisco de la Mora’s 'Frida Kahlo: Her Life, Her Work, Her Home,' a new graphic biography of the great Mexican painter Frida Kahlo (1907-1954), takes the reader on a irresistible journey through her life story. An 11-page excerpt. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-15 04:00:00 UTC ]
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Novelist and science journalist Annalee Newitz brings 'The Terraformers' to the L.A. Times Book Club March 28. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-03-09 22:20:34 UTC ]
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More important than culture-war noise are the multiple threats to British children learning to love books of any kindBack in the days when everything took place on Zooms and Teams, I was part of a World Book Day event that was livestreamed from the set of the hit musical Matlida. The set is... Continue reading at The Guardian
[ The Guardian | 2023-03-02 11:42:37 UTC ]
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Unpublished authors in their 60s, 70s and 80s are now at a premium in the book world – with radical, edgy women in high demandThe literary world is often accused of an obsession with youth, from multiple awards targeted at authors under 40 to publishers who hunt for new voices exclusively among... Continue reading at The Guardian
[ The Guardian | 2023-02-25 07:00:46 UTC ]
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The AI news just won’t stop! This week, Cherlynn and Devindra discuss the latest on Bing AI – Microsoft is loosening up some recent restrictions, following reports of its bad behavior – as well as the rise of ChatGPT stories on the Kindle store. Spotify is also launching its own AI DJ, starring... Continue reading at Engadget
[ Engadget | 2023-02-24 13:30:19 UTC ]
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Bestselling author Brendan Slocumb joins the L.A. Times Book Club on Feb. 23 to discuss his debut, "The Violin Conspiracy." Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-02-15 15:00:54 UTC ]
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The owner of the hybrid publisher has promised representatives from the Authors Guild that he will address the myriad complaints brought against his company that have piled up for about five years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-01 05:00:00 UTC ]
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The Duffer Brothers, creators of the Netflix hit 'Stranger Things,' were big fans of the Choose Your Own Adventure middle grade series and a tie-in based on the fourth season of the show is coming from Random House in April. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-01 05:00:00 UTC ]
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You might not be stuck inside watching shows like you were at the height of the pandemic, but there were clearly some favorite online titles last year. Nielsen has shared its top streaming shows of 2022 in the US, and the most-streamed by far was Stranger Things — the fourth season helped... Continue reading at Engadget
[ Engadget | 2023-01-27 18:20:44 UTC ]
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John Hendrickson's memoir “Life on Delay” recounts his experience with this poorly understood neurological disorder, tracing an arc from frustration and isolation to acceptance and community. Continue reading at The New York Times
[ The New York Times | 2023-01-18 10:00:22 UTC ]
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Scandal and despair hit the romance community when Susan Meachen was purportedly bullied into suicide. Was it a hoax?In 2020 the tightly knit and passionate world of self-published romance literature was shocked by the news that the novelist Susan Meachen, following bullying by other writers,... Continue reading at The Guardian
[ The Guardian | 2023-01-14 10:00:06 UTC ]
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From audiobook subscriptions to bullet journals to reading lights, here are some things that can help you meet your 2023 reading goals.- Clare Barnett Continue reading at Book Riot
[ Book Riot | 2023-01-09 11:34:00 UTC ]
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JR Moehringer, biographer to stars such as Andre Agassi and a doyen of the genre, was an obvious choice for the Duke of SussexWhen Prince Harry chose to work with ghostwriter JR Moehringer on his institution-shaking memoir, Spare, he was not taking half measures. The American writer and Pulitzer... Continue reading at The Guardian
[ The Guardian | 2023-01-07 18:42:05 UTC ]
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‘Life Doesn’t Frighten Me’ is a well-known poem by Maya Angelou (1928-2014). It is the title poem from Angelou’s 1993 collection Life Doesn’t Frighten Me, which was marketed as a children’s book although Angelou did not originally conceive the poems as being specifically for children. A brave,... Continue reading at Interesting Literature
[ Interesting Literature | 2023-01-07 15:00:10 UTC ]
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The victory of Kim de l’Horizon, a nonbinary writer, in a top literary prize stirred a debate about how the German language can accommodate people who don’t identify as male or female. Continue reading at The New York Times
[ The New York Times | 2022-11-30 11:35:52 UTC ]
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The Passenger, Cormac McCarthy’s first novel since The Road in 2006, shows him at the peak of his powers even as he nears his ninetieth year. Continue reading at The Conversation
[ The Conversation | 2022-11-24 13:19:55 UTC ]
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Seriously. They already have too many. They also have too many totes, “old book” candles, library card socks, custom bookmarks, LED book lights. Any number of these is basically too many, except the totes, which don’t count because usually they’re free. I know, this isn’t what you’ve been told.... Continue reading at Literrary Hub
[ Literrary Hub | 2022-11-21 17:03:41 UTC ]
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