CBS Corporation has reached a settlement agreement with National Amusements, members of the CBS Board of Directors, and related parties, that results in the departure of chairman and CEO Les Moonves and the settlement of disputes about control of the company.
CBS OTT subscription figures ‘surpass expectations’
Speaking to investors, CBS CEO Leslie Moonves said the company continued to “surpass expectations” for its digital subscriber base.
CBS to launch streaming local news services
CBS plans to launch CBSN Local, a portfolio of 24/7 direct-to-consumer services that will stream anchored news coverage and live breaking news events from major markets served by CBS stations.
CBS sues investor Redstone
CBS has raised the stakes in its ongoing power struggle with the Redstone family as it tries to prevent a forced merger with Viacom.
With five million subs CBS OTT outperforms expectations
Last year, the two CBS OTT services reached almost five million subscribers, reaching the target originally set for 2020.
Viacom and CBS consider new coming together
Viacom and CBS are to explore the possibility of becoming a single business.
CBS buys Australia’s Network Ten
CBS Corporation will acquire troubled Network Ten, one of three major commercial broadcast networks in Australia, and will launch CBS All Access in the country.
Record-breaking year for CBS channels
UK channels Channels CBS Reality, CBS Action, CBS Drama and Horror Channel have reached record audiences.
Viacom rules out CBS deal, appoints Bakish CEO
Viacom’s board of directors has ruled out a potential merger with CBS following receipt of National Amusements’ letter and request, and dissolved the special committee that was formed to evaluate a potential transaction.
Netflix to stream CBS’ Star Trek to 188 countries
Netflix and CBS Studios International have signed ab international licensing agreement for the new Star Trek television series.
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