- Shares of media conglomerate
- The news website said CBS chairman Les Moonves is now open to the consolidation, reversing his previous stance, citing three individuals with knowledge of the talks.
- Viacom was formed in 2005 out of a split from the previous iteration of the company, with the predecessor re-branded as the CBS Corporation. Viacom currently operates production studios including Paramount Pictures and Paramount Television; TV stations including BET, Comedy Central, and Nickelodeon; and ratemyprofessors.com.
- The two companies have previously attempted to merge at the request of majority stakeholder National Amusements, but the deal was
ADVERTISEMENT
Viacom surges after reports it's in talks to merge with CBS (VIA)
Viacom owns Nickelodeon, Paramount PIctures, and RateMyProfessors.com.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Here's everything to know about being a virgin on your wedding night
7 do's and don’ts of the Holy month of Ramadan
Top 5 sweetest celebrity mother-child relationships that stand out for us
International Women's Day: 5 Nigerian female celebrities championing women’s rights
Top 5 female directors in Nollywood
6 things that will break a Muslim's fast during Ramadan
5 benefits of fasting during Ramadan
5 reasons Easter was more fun when we were children
Dos and don’ts of supporting Muslims during Ramadan
ADVERTISEMENT