36.65 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||35.65 x 800|
|Ask||37.25 x 800|
|Day's Range||35.93 - 36.80|
|52 Week Range||27.01 - 38.35|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||9.83|
|Forward Dividend & Yield||0.80 (2.47%)|
|1y Target Est||78.00|
Nickelodeon and CBS Television Studios have greenlit a new animated “Star Trek” series to be developed by the team behind "The Lego Movie."
The Series Will Be from CBS’ Eye Animation Productions,Secret Hideout and Roddenberry Entertainment
The broadcaster said on Tuesday that it was no longer looking for a permanent successor to Leslie Moonves, its disgraced former CEO who left in September in the wake of numerous sexual-harassment allegations. Instead, Joe Ianniello, who had been Moonves’s No. 2, has agreed to stay on as acting CEO through the end of the year. The turn of events sends a strong signal that CBS is prepared to merge with Viacom Inc., which is how I suspected this would play out.
CBS Corp on Tuesday said it had suspended its search for a new chief executive and extended the role of its interim CEO Joseph Ianniello until the end of the year, renewing speculation the U.S. media company will seek to merge with peer Viacom Inc. Ianniello, who was previously the company's chief operating officer, became interim CEO in September after the CBS board ousted then-CEO Leslie Moonves over accusations of sexual harassment and assault.
CBS Corp. said late Tuesday Acting Chief Executive Joseph Ianniello has agreed to extend his role for six more months through Dec. 31, and "as a testament to the accomplishments" by Ianniello, the board has suspended its search for another chief executive officer. "Joe has demonstrated exceptional leadership during this time of unprecedented transition at CBS. He steadied the ship," the company's board said in a statement. Ianniello assumed the acting CEO role in September after being CBS's chief operating office since 2013. Shares of CBS rose 0.4% in the extended session, after ending the regular trading day up 0.5%. According to a report last week, CBS and Viacom Inc. are trying to resume merger talks, and in addition to agreeing to a price the two companies are also hammering out who would be CEO, Ianniello or Viacom CEO Robert Bakish, who has the support of Shari Redstone, whose National Amusements Inc. controls both CBS and Viacom.
THE BET EXPERIENCE STAPLES CENTER TALENT ROSTER INCLUDES PREVIOUSLY ANNOUNCED HITMAKERS:
BEVERLY HILLS, Calif. , April 23, 2019 -- On the heels of the recent news that Nickelodeon has greenlit season two of Genius Brands International’s “Genius Brands”.
, meaning that Joe Ianniello will remain in charge of the television network on an acting basis. Mr Moonves, who had led CBS for the past decade, left in September after sexual misconduct accusations. CBS then named Mr Ianniello, Mr Moonves' top lieutenant, to serve as interim chief executive while it looked for a replacement.
The live-streaming TV service will discontinue its $16 monthly subscription for 45 channels and offer only a $20 package with 58.
After a four-year hiatus, America’s most inspirational singing competition, “Sunday Best,” makes its triumphant return to BET, as a new and improved Season 9 takes over Sunday nights beginning in June.
For at least the last two to three years, markets speculated that Viacom management would come to its senses and merge with CBS. Viacom did not provide any details to the renewal but the markets rewarded the stock that day anyhow.
Inside Media Companies' Transformation Efforts: DISCA, VIAB, CBS(Continued from Prior Part)Viacom averted potential revenue loss of $1.0 billionThe talks to combine CBS (CBS) and Viacom (VIAB) (VIA) could restart any time. The New York Post reported
Inside Media Companies' Transformation Efforts: DISCA, VIAB, CBS(Continued from Prior Part)Another opportunity for Viacom to extend content reachViacom (VIAB) and T-Mobile (TMUS) this month announced a content distribution agreement where Viacom
Until there is clarity over the future of the two companies it seems unlikely that a permanent replacement for ousted CBS CEO Les Moonves will get named.
On the heels of MTV’s 7th consecutive quarter of YoY prime growth – best streak in MTV history– “Double Shot at Love with DJ Pauly D and Vinny” is the network’s highest-rated series premiere in five years. Thursday night’s debut scored an impressive 0.82 rating delivering nearly one million viewers across the commercial-free premiere.
Yes, it has had troubles. But the company owns most of its own content and two of the top 10 streaming services on the market by number of subscribers, analyst Daniel Kurnos says.
Ignoring the trend toward less or no hardware, T-Mobile is introducing TVision, a cookbook-size box that must be plugged into home broadband connections. The $100-a-month, in-home TV package will be offered in eight cities, starting with 150 channels, including local broadcasts and regional sports networks. Some streaming apps like Netflix and Amazon Prime Video will be loaded on the device, though they’ll require separate subscriptions.
Viacom Inc NASDAQ/NGS:VIAView full report here! Summary * Perception of the company's creditworthiness is positive and improving * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for VIA with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $369 million over the last one-month into ETFs that hold VIA are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. VIA credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Viacom Inc. announced today that on Friday, May 10, 2019, it will issue financial results for the quarter ending March 31, 2019. The company will conduct a conference call at 8:30 a.m.
Nearly a thousand episodes of BBC Studios series, totaling more than 700 hours of programming, will stream across Pluto TV’s channel lineup and on-demand.
MTV today named Rory Brown — the pioneering creative executive who helped grow Bleacher Report and House of Highlights into the most disruptive brands in sports media — to the newly created position of Head of Digital and Social for MTV, VH1, CMT and Logo. In his new role, Brown will be responsible for building on MTV’s resurgence as a top youth media brand, which now includes MTV Studios, live events such as “Spring Break” and the SnowGlobe Music Festival, leading cable channels and top-rated digital and social content.
NEW YORK, April 8, 2019 /PRNewswire/ -- MTV today named Rory Brown — the pioneering creative executive who helped grow Bleacher Report and House of Highlights into the most disruptive brands in sports media — to the newly created position of Head of Digital and Social for MTV, VH1, CMT and Logo. In his new role, Brown will be responsible for building on MTV's resurgence as a top youth media brand, which now includes MTV Studios, live events such as "Spring Break" and the SnowGlobe Music Festival, leading cable channels and top-rated digital and social content.