Media Law Prof Blog

Editor: Christine A. Corcos
Louisiana State Univ.

Tuesday, August 13, 2019

CBS and Viacom Plan Merger Under Shari Redstone's Leadership

Via the New York Times: CBS and Viacom have announced that they will merge, bringing the two media conglomerates back into a massive corporation that hasn't existed for years. Shari Redstone, who is in charge of both companies, has been pushing for the deal for some time, but among her opponents was former CBS CEO Les Moonves. Mr. Moonves left CBS last year after several women made sexual assault allegations against him.  

Variety compares Ms. Redstone with Mary Pickford (United Artists) and Lucille Ball (Desilu) in terms of women with power at major studios. More here from Forbes.

 

https://lawprofessors.typepad.com/media_law_prof_blog/2019/08/cbs-and-viacom-plan-merger.html

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