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CBS and Viacom agree to $32 billion media merger

CBS and Viacom agree to $32 billion media merger

Traditional media giants CBS and Viacom announced their reunion on Tuesday. Viacom owns Paramount Pictures and pay TV channels such as Comedy Central, MTV and BET, while CBS has a broadcast network, television stations, Showtime and a stake in The CW over-the-air network. Analysts say the reunion will help both companies navigate a competitive streaming market.

Sandra
Sandra
Guillaume Eachus
Guillaume Eachus 1 year

and corporate takeover of media continues unabated.

Raymond M Hein Jr
Raymond M Hein Jr 1 year

they actually own Viacom

Sir_Kutz
Sir_Kutz 1 year

Trash

Dawlben
Dawlben 1 year

The need to stop letting these big companies merge. We need more smaller companies.

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