CBS Postpones Annual Shareholder Meeting
CBS canceled its planned May 18 annual shareholder meeting following a week of litigation and drama between the media giant and its majority shareholder National Amusements, which is headed by Shari...
View ArticleCBS, Shari Redstone Clash Gets Oct. 3 Court Date
The legal skirmish between CBS and corporate parent National Amusements, which is led by co-owners Sumner Redstone and his daughter Shari Redstone (who runs the company in place of her ailing father),...
View ArticleCBS Says It Will Investigate Sexual Misconduct Claims Against CEO Les Moonves
The board of directors at CBS Corp. July 27 said it will investigate claims of sexual misconduct by longtime CEO Les Moonves disclosed in an expose by Ronan Farrow in The New Yorker. Farrow’s article...
View ArticleAd-Lite ‘CBS All Access’ Now Available on Amazon Channels
After generating millions of subscribers for Showtime OTT and CBS All Access through Amazon Channels, CBS has inked a deal with the ecommerce behemoth for access to All Access with fewer...
View ArticleJoseph Ianniello Acting CEO at CBS Following Moonves Exit, Settlement with...
Joseph Ianniello, current COO at CBS Corp., is now acting CEO following the Sept. 9 departure of beleaguered boss Les Moonves in the aftermath of additional accusations of inappropriate behavior in the...
View ArticleFormer Time Warner CEO Richard Parsons Named CBS Interim Chairman of the Board
CBS Sept. 25 announced it has named former Time Warner CEO Richard Parsons interim chairman of the board of directors – replacing chairman/CEO Les Moonves, who exited the company following allegations...
View ArticleCBS CEO: Diversity of Distribution Driving Original Programming
With more than 8 million combined subscribers for CBS All Access and Showtime OTT expected by next year, CBS Corp. interim CEO Joe Ianniello says over-the-top video distribution is driving original...
View ArticleCBS Extends Joe Ianniello as ‘Acting CEO,’ Suspends Search for New Chief...
CBS April 23 announced it has extended Joe Ianniello’s role as acting CEO until Dec. 31. The contract extension would appear to be permanent as the CBS board said it would suspend its search for...
View ArticleReport: CBS, Viacom to Rekindle Merger Discussions
Media giant Viacom (parent to Paramount Pictures) and CBS reportedly are set to begin in June renewed discussions about a possible merger — nearly 20 years after Viacom created CBS Corp. through a...
View ArticleCBS, Viacom Re-Merger Nearly Complete; CBS Eyeing Higher Price Point for...
As expected, the Viacom and CBS re-merger could reportedly be announced as early as next week, pending last-minute stock exchange issues. Fox Business’ Charlie Gasparino Aug. 9 on Twitter said the deal...
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