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Despite his 26 years in a traditional media job, ultimately rising to CEO of what was then Viacom, Tom Freston had no interest in writing a traditional business book. Instead, Unplugged: Adventures From MTV to Timbuktu, published by Gallery Books, is a story of one former mogul’s adventures around the world. “Most people who are…
“#ViacomCBS selling its CBS studio for $1.8 billion: report” ViacomCBS is selling its CBS Studio Center in Los Angeles for $1.8 billion to a pair of acquisitive real-estate firms, according to a report. Hackman Capital Partners and Square Mile Capital Management had the winning bid, beating out roughly a dozen parties, The Wall Street Journal…
“#ViacomCBS revenue soars with jump in subscribers to streaming services” ViacomCBS on Thursday posted better-than-expected quarterly revenue, helped by more subscriber additions to its fast-growing streaming platforms and strong advertising sales. The company added 4.3 million global streaming subscribers in the quarter, led by Paramount+, bringing the total to nearly 47 million. Content including “A Quiet…
“#ViacomCBS nears sale of CBS Studios lot in LA as it pares real estate holdings” ViacomCBS is nearing a sale of its historic CBS Studio Center lot in Los Angeles — the home of popular TV shows including “Seinfeld,” The Post has learned. Final bids are in for the massive collection of soundstages, which has…
“#Shari Redstone’s ViacomCBS mega-merger a mess” A few years ago, it seemed that Shari Redstone hit the jackpot: Not only did she finally get rid of her chief tormentor in Les Moonves, she also pushed through a long-sought formal merger of the two companies she controlled, CBS and Viacom. The merger was a career moment…
“#ViacomCBS puts historic CBS Studios lot up for sale” ViacomCBS is putting its historic CBS Studio Center lot in Studio City on the block. CBS’s 38-acre campus on Radford Avenue, dubbed the “Radford Lot,” has been home over the years to such popular TV shows as “Seinfeld,” “Gilligan’s Island,” “The Mary Tyler Moore Show,” “The…
“#ViacomCBS sells ‘Black Rock’ headquarters in NYC for $760M” ViacomCBS has sold CBS’ original Midtown Manhattan headquarters, known as “Black Rock,” to real estate investment firm Harbor Group International for $760 million. The deal, which was announced late Monday, comes nearly two years after the media company merged Viacom and CBS. Soon after, the newly…
“#Comcast, ViacomCBS bosses discussed streaming deal: report” Comcast chief executive Brian Roberts and ViacomCBS chairman Shari Redstone met in recent weeks to discuss a potential streaming pact for international markets, according to a new report. Roberts, Redstone and ViacomCBS CEO Bob Bakish convened in New York at the end of June to explore a host…
“#Cringe-worthy VH1 Jeffrey Epstein show ‘Fabulous’ resurfaces” It’s not exactly fabulous. A clip of disgraced pedophile and sex trafficker Jeffrey Epstein on VH1’s “The Fabulous Life of…” has resurfaced. A two-minute cringe-worthy clip from Epstein’s feature on the show was shared by a Twitter user this week and is spreading like wildfire. “35 seconds in…
“#Former CBS stockholders can sue Shari Redstone over ViacomCBS merger” CBS shareholders can pursue a lawsuit over the 2019 merger of Viacom and CBS, a Delaware judge ruled late Thursday. Shari Redstone, the daughter of late media mogul Sumner Redstone, and former acting chief executive of CBS Joe Ianniello are at the center of the…