W3Schools

The New York Post: CBS and Viacom reignite merger talks with focus on who would become CEO

CBS and Viacom are gearing up to resume merger talks — and settle once and for all who will be CEO of the combined company, the New York Post reportedly has learned.

On Monday, the two media giants cleared a major hurdle to getting back to the negotiating table when Viacom VIAB, +7.95% settled a contract dispute with AT&T T, +1.44% that had $1 billion in carriage fees hanging in the balance, sources said.

The planned settlement averted a blackout of Viacom channels, including MTV and Comedy Central, on AT&T platforms — paving the way for CBS’s CBS, +4.45% independent directors to tell the rest of the board that they are ready to take another crack at joining forces with Viacom, said a person close to the process.

>>> Original Source <<<

Comentários