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The year of churn. Gut-wrenching churn like the industry has never experienced before. That’s how the media and entertainment history books will describe the year 2019. CEOs of media companies had to develop cast-iron stomachs to see it through.
MUMBAI: With its vast library of in-demand content, MX Player has been catering to over 175 Mn Monthly Active Users. Now, the world’s largest local video player and India’s leading streaming platform is stepping up efforts to serve English speaking viewers by acquiring rights to feature one of...
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.
US Network CBS has not yet taken any legal action against CEO Leslie Moonves as its board of directors investigates claims of sexual misconduct against the media titan.
MUMBAI: Coming on the heels of the Fox-Disney merger, CBS Corporation and Viacom Inc are inching toward formally exploring a corporate reunion of the two halves of the Redstone media empire. According to a Variety.com report, there is less opposition within CBS this time around compared to the last...
