As reported by the financial media CNBC, Viacom and CBS would have set August 8th as the deadline to reach a merger agreement. That same day, according to the publication, the companies will present their financial results. The price of the transaction was not revealed and, according to CNBC, ‘it will not be addressed until [...]
According to information from The Wall Street Journal, CBS and Viacom renewed their negotiations on June 14th for an eventual merger. According to the previous mentioned newspaper, both companies boards of directors met in order to discuss the details of the purchase, and CBS could submit an offer during the next few weeks. CBS does [...]
Days after AT&T sold its 10% stake in Hulu, Comcast is negotiating with Disney to sell the 30% part it owns in the OTT, CNBC reported. Currently Disney owns Hulu by 60% and, if the purchase is completed, would become owner of 90% of the platform – that is, add the 30% that today belongs [...]