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Agreed to merge
- Shari Redstone got her wish. After more than a decade apart, CBS and Viacom, both under her control, agreed to merge on Tuesday in a deal that will reunite a roster of once-mighty media businesses. Viacom’s Paramount film studio and MTV and Nickelodeon cable networks will be added to the broadcast giant CBS and the book publisher Simon & Schuster.
www.nytimes.com/2019/08/13/business/cbs-viacom-merger.html
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May 26, 2023 · Former CBS shareholders reached a proposed $167.5 million settlement to resolve allegations that Shari Redstone, the daughter of late media magnate Sumner Redstone, pressured the company into an...
Aug 13, 2019 · Aug. 13, 2019. Shari Redstone got her wish. After more than a decade apart, CBS and Viacom, both under her control, agreed to merge on Tuesday in a deal that will reunite a roster of...
Aug 14, 2019 · CBS and Viacom finally agreed to reunite, cementing Shari Redstone as one of the most powerful business women in America.
- meg.james@latimes.com
- Senior Entertainment Writer
Dec 4, 2019 · Shari Redstone can’t wait to ring that bell. After three years and three tries, Viacom and CBS Corp. have been reunited as one company, ViacomCBS, as of Wednesday.
Apr 21, 2023 · April 21, 2023 4:53pm. Paramount Global said Friday that, pending court approval, it will receive $167.5 million in settlement of a suit by shareholders of the former CBS Corp. against some of...
Aug 14, 2019 · CBS and Viacom announced their agreement to merge on Tuesday, marking the end of Shari Redstone’s years-long mission to reunite the two companies, which her father, Sumner Redstone,...
Mar 3, 2023 · Paramount Will Pay $122.5M to Settle CBS-Viacom Merger Lawsuit. Shareholders brought the suit in 2019, alleging that CBS overpaid for Viacom, at the urging of Shari Redstone.