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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To mark the passing of Queen Elizabeth II and the coronation of King Charles III, we highlight some vital books that explore the queen’s legacy and look to the future. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-11-14 05:00:00 UTC ]
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The venture capital market is slowing -- and while that might be a good thing for some investors, it'll likely be more difficult for media companies to raise capital. Continue reading at Digiday
[ Digiday | 2022-11-10 05:01:00 UTC ]
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In the process of writing my book, I spent a lot of time researching a variety of resources about exploring our emotions. In the process, I discovered that there are a *lot* of books written for children about understanding their emotions (special shout-out to Madalena Moniz’s beautiful book... Continue reading at Literrary Hub
[ Literrary Hub | 2022-11-04 08:51:59 UTC ]
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If you've avoided picking up manga out of genre/format snobbery, you're missing out. Manga has reminded me of just how fun reading can be. Continue reading at Book Riot
[ Book Riot | 2022-10-25 10:37:00 UTC ]
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Jada Pinkett Smith's memoir will take readers on 'a rollercoaster ride from the depths of suicidal depression to the heights of personal rediscovery.' Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-10-06 19:59:48 UTC ]
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Emily Post became America’s primary source for etiquette advice in the twentieth century through both her bestselling book Etiquette and radio shows on the topic. She was a prominent woman in New York society from the early 1900s until her death in 1960. Born in Baltimore, the daughter of famed... Continue reading at Literrary Hub
[ Literrary Hub | 2022-10-05 08:51:10 UTC ]
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Ever wondered what goes on behind the scenes while recording audiobooks? Six prolific audiobook narrators gave us the inside scoop. Continue reading at Book Riot
[ Book Riot | 2022-09-23 10:31:00 UTC ]
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How this little-remembered "robber baron" shorted stock, collected railroads, caused a financial panic -- and amassed a fortune. Continue reading at The Washington Post
[ The Washington Post | 2022-09-16 10:00:15 UTC ]
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On the occasion of the death of the Queen of England, we've rounded up a handful of reviews of books on the queen and her court that we've run over the years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-13 04:00:00 UTC ]
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“Life’s Work” is a memoir of outrageous youth, creative obsessions and ruinous habits. Continue reading at The New York Times
[ The New York Times | 2022-09-12 15:07:05 UTC ]
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I borrowed William Faulkner’s book Light in August from the university library three days before the first strikes on Kyiv in February. My electronic reader card shows the date. There were no people in the reading room; everyone was at home updating the news and packing their bags. The librarian... Continue reading at Literrary Hub
[ Literrary Hub | 2022-08-30 08:59:00 UTC ]
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Translated by Charlotte Whittle At some point in the last century, I arrived in Paris and that very day bought a copy of Madame Bovary in a bookstore called Joie de Vivre in the Latin Quarter. I stayed up nearly all night reading it and by dawn I knew what kind of writer I wanted […] Continue reading at Literrary Hub
[ Literrary Hub | 2022-08-29 08:52:14 UTC ]
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“Love Hypothesis” author Ali Hazelwood didn’t intend to keep her scientist identity separate from her author identity. She didn’t intend to become an author. Continue reading at The Washington Post
[ The Washington Post | 2022-08-20 12:00:22 UTC ]
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On Episode 10 of Ursa Short Fiction, Deesha Philyaw and Dawnie Walton welcome writer Michael A. Gonzales for part two of our deep dive into the life and work of Diane Oliver, who published six short stories before her death at age 22. (Part one of our series is here.) Diane Oliver was just a […] Continue reading at Literrary Hub
[ Literrary Hub | 2022-08-17 08:51:56 UTC ]
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After she was dropped by her agent, Alex Aster turned to a books-obsessed corner of TikTok to gauge interest in her YA novel … and now Lightlark is one of the most eagerly anticipated releases of the yearHaving finally published her first novel, Alex Aster was feeling disheartened. The book had... Continue reading at The Guardian
[ The Guardian | 2022-08-16 13:32:30 UTC ]
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In our conversations and emails, his determination to not let the fatwa define him has been evidentThat Salman Rushdie was nearly murdered at an event in New York while talking about whether the United States was a safe haven for exiled writers is an irony he’d have rejected as too far-fetched... Continue reading at The Guardian
[ The Guardian | 2022-08-14 12:39:00 UTC ]
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David Maraniss shows how the legendary athlete was celebrated, belittled and exploited. Continue reading at The Washington Post
[ The Washington Post | 2022-08-12 10:00:27 UTC ]
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On the occasion of a retrospective exhibition of Ruth Asawa's work in England and Norway, the show’s co-curators have edited a book of essays about her life. Continue reading at The Washington Post
[ The Washington Post | 2022-08-04 15:37:02 UTC ]
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Elizabeth Hand’s new book is no ordinary mystery novel but a genre-bending tale that captures the richness of Hawaii Continue reading at The Washington Post
[ The Washington Post | 2022-07-28 12:00:00 UTC ]
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An excerpt from Tess Gunty's debut novel The Rabbit Hutch. The post Where Life Lives On appeared first on Granta. Continue reading at Granta
[ Granta | 2022-07-19 10:43:28 UTC ]
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