#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….