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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“Still Life” is that rare, affectionate novel that makes one feel grateful to have been carried along. Continue reading at The Washington Post
[ The Washington Post | 2021-11-23 12:00:00 UTC ]
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Edith Schloss’s memoir recounts an era of great creative vitality and the time she spent with Willem and Elaine de Kooning, Merce Cunningham, Leo Castelli and others. Continue reading at The New York Times
[ The New York Times | 2021-11-21 10:00:00 UTC ]
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On 25th October, as the mild autumn dusk set in over London, St John’s Smith Square opened its doors to the many authors, friends and publishing colleagues who had come to celebrate the remarkable life of Felicity Bryan, who died on 21 June 2020. Many others were watching online from around the... Continue reading at The Bookseller
[ The Bookseller | 2021-11-01 18:28:58 UTC ]
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Lots of good bookish things happened this week, including research that proves libraries lead to healthier, more equitable communities. Continue reading at Book Riot
[ Book Riot | 2021-10-29 10:42:00 UTC ]
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On this day in 1940, Maxine Hong Kingston was born in Stockton, CA. Kingston, the daughter of Chinese immigrants, took the literary world by storm with her seminal work The Woman Warrior (1976), which blends autobiography and mythology. The Woman Warrior, the winner of the 1976 National Book... Continue reading at Literrary Hub
[ Literrary Hub | 2021-10-27 16:42:53 UTC ]
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In “The Memoirs of Stockholm Sven,” by Nathaniel Ian Miller, a young man swaps the daily grind for the unpeopled expanses of the Far North. Continue reading at The New York Times
[ The New York Times | 2021-10-26 09:00:03 UTC ]
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“The Every,” a sequel to “The Circle,” suffers from the Web’s worst quality: unlimited space. Continue reading at The Washington Post
[ The Washington Post | 2021-10-19 12:00:00 UTC ]
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“Concepcion,” by Albert Samaha, combines the epic sweep of global history with an intimate family narrative. Continue reading at The New York Times
[ The New York Times | 2021-10-12 09:00:07 UTC ]
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In “Those We Throw Away Are Diamonds,” Mondiant Dogon, a survivor of the Rwandan genocide, recounts a saga of horror, frustration and hope. Continue reading at The New York Times
[ The New York Times | 2021-10-12 09:00:07 UTC ]
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In her new memoir, “Hooked,” the star of “Younger” and “Thoroughly Modern Millie” explains how her hobbies became so much more. Continue reading at The Washington Post
[ The Washington Post | 2021-10-09 12:00:00 UTC ]
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The main measurement companies, Nielsen and Comscore, say they're trying to update and change metrics, but buyers remain frustrated by the lack of progress. The post A ‘constant merry-go-round’: Nielsen and Comscore say the right things, but aren’t progressing fast enough for media buyers... Continue reading at Digiday
[ Digiday | 2021-09-30 19:04:53 UTC ]
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As the industry continues to explore alternative measurement solutions in the wake of Nielsen's public stumbles, ViacomCBS is offering its advertisers a new set of measurement metrics to transact against, alongside stalwarts Nielsen and Comscore. VideoAmp has been added to the fold, in a new... Continue reading at AdWeek
[ AdWeek | 2021-09-28 13:00:00 UTC ]
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The network aims for ‘symmetry’ by having agencies use the same tool for currency they already use for planning and optimizing. Continue reading at Advertising Age
[ Advertising Age | 2021-09-28 12:45:00 UTC ]
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Matti Siegel, author of 'The Secret History of Food,' spills the beans on vanilla, beer, ice cream, Chilean sea bass, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-15 04:00:00 UTC ]
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Thomas Mann may have written some very heavy books, but this biographical novel offers a more lighthearted portrait of the German writer. Continue reading at The Washington Post
[ The Washington Post | 2021-09-14 12:00:00 UTC ]
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On this day in 1935, the highly acclaimed poet Mary Oliver was born in Maple Heights, Ohio. Oliver, who won a Pulitzer Prize in 1984 and later the National Book Award for Poetry in 1992, was by all accounts a private person who sought solace in the natural world. Throughout the course of her... Continue reading at Literrary Hub
[ Literrary Hub | 2021-09-10 15:24:16 UTC ]
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‘Jane Austen and Shelley in the Garden’ whisks readers to Cambridge, Wales and Venice, in the company of a delightful gang of scholars. Continue reading at The Washington Post
[ The Washington Post | 2021-09-10 12:00:00 UTC ]
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Five years ago, when in her late twenties, Emma Gannon released her first book: Ctrl Alt Delete: How I Grew Up Online. It’s a funny and thoughtful memoir which charts her formative experiences on the internet as a Millennial woman born in the same year as the World Wide Web. Continue reading at The Bookseller
[ The Bookseller | 2021-09-03 14:05:09 UTC ]
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Atticus Lish was acclaimed for his first novel 'Preparation for the Next Life.' His second, 'The War for Gloria,' is more raw, painful and personal. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-09-02 13:00:39 UTC ]
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These bibliomemoirs, including The End of Your Life Book Club by Will Schwalbe, offer a glimpse into the lives of fellow book lovers, reminding us how vast the bookish community is. Continue reading at Book Riot
[ Book Riot | 2021-08-30 10:37:00 UTC ]
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