IT’S OFFICIAL: CBS and Viacom Merging to form $30B Streaming Powerhouse

Media giants CBS and Viacom have agreed to terms to conclude an on-again off-again merger, reuniting the pair after a 13-year split. The combined entity called ViacomCBS, is valued at $30 billion, and will contain the entirety of the CBS production and distribution network, and all of Viacom’s properties including Paramount movie and television, all […]

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DOJ approves Sprint / T-Mobile mega merger

(CNN) – T-Mobile’s mega-merger with Sprint can move forward, the Justice Department said Friday, paving the way for an unprecedented combination of America’s third- and fourth-largest wireless providers. The DOJ’s blessing marks a critical breakthrough for T-Mobile and Sprint as they seek to join forces against Verizon and AT&T, which owns CNN. The smaller carriers […]

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