News CBS And Viacom Nearer To Merger Talks

[AutoAdmin]

A new news article has been published at TrekToday:

According to Variety, CBS‘s board of directions is “moving closer to initiating acquisition discussions with Viacom.” This comes after settling its own...

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[Ensign Ricky]

*Crosses fingers*

 

[rahullak]

Film and TV crossovers. Lesser convoluted contracts. Quicker turnaround. That's good for Trek.

 

[GNDN18]

By
Benjamin Mullin and
Keach Hagey
Updated June 18, 2019 10:29 pm ET

CBS Corp. CBS.A 0.41% is preparing to make an offer for sister media company Viacom Inc. VIA 0.70% in the coming weeks, following a meeting of CBS directors last week in which a potential deal was discussed, according to people familiar with the situation.

Representatives of CBS and Viacom have already had preliminary discussions about the outlines of a deal, one of the people said.

If the companies move ahead with talks, it would be a third attempt to reunite the $30 billion media empire that was divided by mogul Sumner Redstone more than 13 years ago.

More: https://www.wsj.com/articles/cbs-is...shareToken=sta6e874be97164a518ad5742b22add700

 

[Shaka Zulu]

Let's hope that this happens; Star Trek as a franchise was better off under Paramount than it was under CBS, IMHO.