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CBS, Viacom merge to form ViacomCBS Inc

US-based media and broadcasting companies, CBS and Viacom, have announced the news of a merger into Viacom CBS Inc. While Viacom will hold approximately 39 per cent of the shares, CBS will own about 61 per cent on a fully diluted basis.

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Bob Bakish on turning around Viacom, tie up with CBS, company's culture and future

Viacom CEO Bob Bakish describes his tenure at the giant company using two words - turnaround and evolution. At the end of 2016, Paramount Pictures was coming off a year where it had lost half a billion dollars and consumed another billion in cash.

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Cyma Zarghami exits Nickelodeon; Sarah Levy named interim head

MUMBAI: Nickelodeon Group president Cyma Zarghami has stepped down from her position after 30 years with the network. While Viacom conducts a comprehensive search for a successor to lead Nickelodeon, Sarah Levy, chief operating officer of Viacom Media Networks, will lead the brand on an interim...

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Viacom reports lower revenue for Q1 2018

American multinational media conglomerate with interests primarily in cinema and cable television, Viacom Inc (Viacom) reported lower numbers for the quarter ended 31 December 2017 (Q1 2018, quarter under review) as compared to the corresponding year ago quarter Q1 2017 (y-o-y). The company...

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Viacom Inc misses EPS forecast but revenue beats expectations

Even as its India business, Viacom18, celebrates its 10th anniversary, Viacom Inc’s stock on Nasdaq came under pressure after missing the earnings per share (EPS) forecast for the fourth quarter ended September 30, 2017. The company also reported financial results for the fiscal year ended...

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