Broadcasting industry
In a move that will shake the foundations of the media industry, Viacom has agreed to buy CBS Corp. in a deal worth $36 billion. The acquisition combines the strengths of both companies, bringing together Viacom's MTV, VH1, and Nickelodeon with CBS's legacy of news and
Broadcasting industry
Viacom Inc. is purchasing CBS Corp. in a record-breaking stock deal worth $34.45 billion, creating a major media and entertainment giant with a vast array of TV networks, movie studios, and cable channels. The merged company will keep the Viacom name, with Sumner Redstone as chairman and CEO, and
Mandelson, Peter
The British Broadcasting Corporation (BBC) has suffered the most disastrous month in its 76-year history, with a series of catastrophic events plaguing the institution throughout October. The BBC's mishaps include the bungling of its most popular shows, the loss of its sports broadcasting rights, and the stifling of
Seinfeld, Jerry
Tuning in to the series finale of Seinfeld at its regular time will miss the first 15 minutes of the episode. A last-minute decision by Jerry Seinfeld has shifted the start time to 7:45 PM, and NBC has added an extra 15 minutes to the program. The network will
Broadcasting industry
Allegations of distributing child pornography have surfaced against Barnes & Noble, the largest bookseller in the United States, following complaints about the sale of books featuring nude children. The state of Alabama has levied charges against the company, with 32 counts of disseminating obscene material. Meanwhile, CBS is facing a
Broadcasting industry
CBS, which appeared to have momentum heading into the current season, is making scheduling changes to capitalize on the promotional windfall of the Winter Olympics. Despite maintaining a strong lineup on Sundays and Thursdays, the network has fallen behind in ratings on four other nights. CBS is shuffling a handful
Broadcasting industry
Nagano 1998 Winter Olympics are providing a global audience with an immersive online experience, courtesy of CBS and Coca-Cola. With real-time results and extensive content, these websites cater to fans' needs, but also offer more - a glimpse into the city of Nagano, its history, and interactive games. However,
Broadcasting industry
The Winter Olympics and the coveted February ratings sweeps period are about to intersect, with CBS' competitors already squirming in discomfort. As the traditional 28-day winter hype-fest begins, CBS is planning a whopping 128 hours of coverage over 16 days, starting with the opening ceremony in Nagano, Japan, on
Broadcasting industry
The National Football League is set to undergo a significant shake-up in its broadcast talent, following a multi-billion dollar deal with Fox, ABC/ESPN, and CBS. As the league's top announcers are repositioned, the real excitement begins – a mad scramble for top talent to fill coveted spots on
Broadcasting industry
CBS has made a bold bid to secure the television rights to National Football League (NFL) games, agreeing to pay $500 million a year for five years beginning next season. This is a significant increase from the $217 million a year that NBC currently pays for the same rights. The
Television broadcasting industry
Viacom Inc.'s recent decision to sell its Philadelphia TV station, WTXF, to Fox Television Stations Inc. marks a significant move in the television industry. The sale, valued at $200 million, accompanies the potential designation of the station as a secondary affiliate of the United-Paramount television network. This network,
Television broadcasting industry
Singapore has been transforming into a major broadcasting hub, offering favorable conditions for media companies to set up operations in the country. ESPN, a leading sports network, has announced plans to open a production center in Singapore next year, citing favorable tax treatment, good facilities, and a central location as
