#ViacomCBS rebrands to Paramount, stock tanks 20 percent

#ViacomCBS rebrands to Paramount, stock tanks 20 percent

“#ViacomCBS rebrands to Paramount, stock tanks 20 percent” ViacomCBS is no more. The media company that is home to MTV, CBS, Nickelodeon and Showtime renamed itself after its movie studio, Paramount, late Tuesday. Investors apparently weren’t keen on the rebrand, as the stock plummeted more than 21% in the wake of the news on Wednesday….

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#ViacomCBS shakes up Paramount Pictures by splitting divisions

#ViacomCBS shakes up Paramount Pictures by splitting divisions

“#ViacomCBS shakes up Paramount Pictures by splitting divisions” ViacomCBS is shaking up the operations of its movie and TV studio, Paramount Pictures, separating the units and putting new executives in charge of each, according to reports. Under the new structure, the movie division, which is known for flicks like “A Quiet Place” and “The SpongeBob…

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#ViacomCBS probed sexual misconduct allegation against CEO: report

#ViacomCBS probed sexual misconduct allegation against CEO: report

“#ViacomCBS probed sexual misconduct allegation against CEO: report” ViacomCBS investigated an allegation of sexual misconduct by its chief executive Bob Bakish, according to a new report. A former employee at Viacom’s Nickelodeon cable channel claimed that Bakish touched her inappropriately at the company’s holiday party in 2016 when he was acting CEO, according to tech…

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#ViacomCBS to sell CNET for 0 million to Red Ventures

#ViacomCBS to sell CNET for $500 million to Red Ventures

“#ViacomCBS to sell CNET for $500 million to Red Ventures” ViacomCBS said it is offloading CNET Media Group for $500 million to digital marketing company Red Ventures. The Monday deal, which is expected to close in the fourth quarter of 2020, also includes foodie site Chowhound, tech site ZDNet, GameSpot, the Metacritic reviews aggregation site…

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