Tag Archives: CBS

CBS and Viacom to combine and create ViacomCBS Inc

Viacom and CBS today announced they have entered into a definitive agreement to combine in an all-stock merger, creating a combined company with more than USD 28 billion in revenue. The new company will be led by Bob Bakish as President and CEO. The transaction is subject to regulatory approvals and other customary closing conditions. [...]

New TV addressable advertising standard to be deployed in 2020

Disney, Turner, NBC, CBS and Discovery, together with Smart TVs company Vizio, formed the  Open Addressable Ready Project (OAR), a partnership for the development and deployment of a new standard for addressable advertising on Smart TVs. Full deployment is planned for the beginning of 2020. We all recognize the most important goal of this initiative [...]

Smithsonian Channel launches in Latin America with DirecTV

Smithsonian Channel announced its launch in Latin America through DirecTV (Channel 1747) service in Argentina, Chile, Colombia, Ecuador, Peru, Uruguay and the Caribbean. The offer includes programming in 4K. The channel, inspired by the Smithsonian Institution, presents content from its parent companies, Showtime and CBS. The programming includes documentaries, series and shows on history, culture [...]

Viacom asks CBS to raise its bid

Viacom has asked CBS to raise its merger bid by USD 2.8 billion or almost a quarter more than CBS’s offer, Reuters reported, citing people familiar with the matter. According to the sources, CBS is now considering its next steps in the deal negotiations. The network initially offered 0.55 of its shares for each Viacom [...]

Viacom rejects CBS’s offer

Viacom has rejected CBS’s first acquisition offer, which is below the market value, CNBC reported, citing sources familiar with the situation. According to the report, Viacom will propose a counteroffer to CBS bid. According to the sources, the CBS offer – delivered verbally on Friday- is 0.55 shares for each Viacom class B share, valuing [...]

Viacom, CBS form committees to consider merger

Viacom and CBS Corporation, both controlled by Sumner Redstone, said last week that their boards of directors have established special committees of independent directors to evaluate a potential combination. The companies split in 2005 and now are exploring the idea of merging again, after 13 years. There can be no assurance that this process will [...]

Netflix acquires international rights for new “Star Trek” series

  OTT operator Netflix and CBS Studios International announced an international licensing agreement for the new Star Trek television series, schedule for 2017. Netflix will premiere the series in 188 countries (excluding the U.S and Canada). Each episodewill be available globally within 24 hours of its U.S. premiere.   The new Star Trek will launch [...]

AXN estrenará el año que viene en Latinoamérica dos series de CBS de la temporada estadounidense 2014-15AXN to premiere two CBS series from the US 2014-15 season next year in Latin America

El canal de series y películas AXN (de Sony Pictures Television -SPT-) contará con el estreno exclusivo para América Latina de Scorpion y CSI: Cyber, dos nuevas series de suspenso del canal CBS de Estados Unidos correspondientes a la actual temporada 2014-15. AXN las exhibirá a comienzos del año que viene. Scorpion debutó en Estados [...]