The news comes after months of battles for control of CBS. The company’s controlling shareholder, Shari Redstone, daughter of retired Viacom mogul Sumner Redstone, wants CBS and sister media company Viacom to merge – a move that the CBS board of directors have had reservations about.
Prior to his exit in the wake of sexual harassment allegations, former CEO Les Moonves had wanted Ianniello to be president and COO of the merged entity, and to succeed him as CEO when he retired. The Redstone family has always wanted Viacom CEO Bob Bakish to be the No 2. The impasse led to months-long legal showdown, with CBS suing Redstone.
- GMA Network launches new digital channel ‘Heart of Asia’ 70 views | posted on July 2, 2020
- A+E Global Content Sales releases summer catalogue featuring high profile first-run projects and returning hits 59 views | posted on July 3, 2020
- Universal Music Group announces strategic global partnership with Sugar, Italy’s leading independent label 55 views | posted on July 6, 2020
- Olympic Channel documentary ‘Rulon’ about the extraordinary journey of an ordinary man to premiere 21 July 43 views | posted on July 6, 2020
Asian Television Awards
- Asian Television Awards to hold its 25th awards ceremony in Phnom Penh, Cambodia posted on July 7, 2020