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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Future’s shares tumble as investors vote down scheme in which CEO could be awarded £40mFuture, the UK’s biggest magazine publisher that is home to titles from Country Life to Metal Hammer, has been forced into an embarrassing sit-down with investors after a bruising shareholder revolt in which... Continue reading at The Guardian
[ The Guardian | 2022-02-03 16:27:30 UTC ]
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To mark its second anniversary, Bookshop.org, has started what it is calling the Golden Bookmark Sweepstakes, which will award one person $600 in Bookshop.org gift cards each year for life, as well as a one-time prize of $500 to donate to a bookstore of their choice. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-28 05:00:00 UTC ]
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HQ has pre-empted an "empowering" guide to overcoming imposter syndrome from life coach Tiwalola Ogunlesi in a two-book deal. Continue reading at The Bookseller
[ The Bookseller | 2022-01-19 19:04:39 UTC ]
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At the Guardian, Jami Attenberg, author of the recent memoir I Came All This Way to Meet You, reflects on how a key moment of rejection allowed her to carve out her own path as a writer. “I’m old enough to realise that there is one more important part to carving out your creative life: … The... Continue reading at The Millions
[ The Millions | 2022-01-10 21:30:10 UTC ]
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The Pulitzer Prize-winning writer and author of the memoir "Lost and Found" unpacks the meaning and importance of joy and grief — and conjuctions. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-01-10 14:00:30 UTC ]
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Lizzie Damilola Blackburn’s irresistibly titled novel will be Viking‘s lead commercial fiction début for 2022 and Netflix has already snapped up TV rights. Continue reading at The Bookseller
[ The Bookseller | 2022-01-08 12:55:53 UTC ]
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#tv rights
John Richardson's "A Life of Picasso" follows the artist during the decade after Hitler rose to power. Continue reading at The Washington Post
[ The Washington Post | 2022-01-06 11:00:00 UTC ]
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The Libby app came into my life early in the pandemic, when in-person trips to the library weren’t possible and indie bookstores were up against massive USPS delays. The app—which allows users to instantly borrow ebooks from their local libraries—was an incredible gift. Twenty-two months, one... Continue reading at Literrary Hub
[ Literrary Hub | 2022-01-03 17:41:14 UTC ]
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Telling your story in a book is hard enough. But what if it ends up on screen? Adam Kay, writer of This Is Going to Hurt, and Dolly Alderton, who penned Everything I Know About Love, relive the shocksMore cultural highlights of 2022Most people find seeing themselves on screen distinctly... Continue reading at The Guardian
[ The Guardian | 2021-12-29 14:00:23 UTC ]
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‘Vivian Maier: Developed’ is a revealing and beautiful biography about the mysterious caregiver who left behind a trove of her own art. Continue reading at The Washington Post
[ The Washington Post | 2021-12-21 12:00:00 UTC ]
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DK has appointed Zara Anvari in the new role of senior acquisitions editor for the Life division. Continue reading at The Bookseller
[ The Bookseller | 2021-12-14 05:03:05 UTC ]
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Here’s something sick, deviant, and against nature: Dr. Seuss Enterprises has partnered with vacation rental management company Vacasa to create a real-life version of the Grinch’s cave—home of the Grinch, the titular role in the book about the Grinch. I’m a little perplexed by why someone would... Continue reading at Literrary Hub
[ Literrary Hub | 2021-12-10 19:05:11 UTC ]
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Claire Keegan’s novel breathes something vital into the season’s most cherished tales. Continue reading at The Washington Post
[ The Washington Post | 2021-12-07 16:50:34 UTC ]
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Are there certain books with topics you avoid? That you fear may leave you a little worse for wear? Here's what may happen if you read them. Continue reading at Book Riot
[ Book Riot | 2021-12-07 11:38:00 UTC ]
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Philippe Girard (Leonard Cohen: On a Wire, translated by Helge Dascher and Karen Houle) and Joe Ollmann (Fictional Father) spoke to one another as part of D+Q Live, a fall event series by the graphic novel publisher Drawn & Quarterly. The driving force behind November’s conversation was the... Continue reading at Literrary Hub
[ Literrary Hub | 2021-12-06 09:55:48 UTC ]
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Continuing our series looking behind the headlines of 2021, we speak to the philosophy professor who resigned from Sussex University after protests over her views on gender and transgender rightsGaza bookseller Samir Mansour: ‘It was shocking to realise I was a target’When Kathleen Stock opens... Continue reading at The Guardian
[ The Guardian | 2021-12-05 10:00:51 UTC ]
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“Crime and Punishment” was a turning point for the Russian writer — and for literature. Continue reading at The Washington Post
[ The Washington Post | 2021-12-03 13:00:00 UTC ]
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It’s time for a kinder, gentler C-suite, suggest consultants and coaches in these new books on applying the Golden Rule to the bottom line. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-26 05:00:00 UTC ]
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Katie Daynes' Why Do Things Die? (Usborne), illustrated by Christine Pym, has been announced as the overall winner of the School Library Association (SLA) Information Book Award for its “gentle, non-judgemental” tone on "a rare topic" for young readers. Continue reading at The Bookseller
[ The Bookseller | 2021-11-25 10:32:58 UTC ]
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The anthropologist Nastassja Martin has written a slender but expansive book in which she grapples with the physical and philosophical fallout of a near-death experience. Continue reading at The New York Times
[ The New York Times | 2021-11-24 10:00:04 UTC ]
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