The end of the laughable Star Trek ownership debacle.CBS and Viacom have agreed to merge, ending years of on-and-off talks.
The new company will be called ViacomCBS, and Viacom’s CEO, Bob Bakish, will be the CEO of the combined company. Joe Ianiello, who was serving as CBS CEO since last year, will be the chairman of CBS and will be in charge of CBS assets after the merger.
Existing CBS shareholders will own about 61% of the combined company, with Viacom shareholders owning the remaining 39%. Each Viacom shareholder will receive .59625 shares of CBS shares. CBS shares rose 1.5%. Viacom shares rose 1.77%.
The combination reunites the two media companies controlled by Sumner Redstone’s National Amusements. Viacom spun off CBS in 2006. Redstone’s daughter, Shari, is the vice chairman of the board at both CBS and Viacom and has long desired putting the companies back together to gain scale in a media environment where competitors including Disney, Comcast and AT&T have bulked up through a series of megadeals.
CBS and Viacom reach merger deal
CBS and Viacom reach merger deal
https://www.cnbc.com/2019/08/13/cbs-and ... -deal.html
"Bible, Wrath of Khan, what's the difference?"
Stan - South Park
Stan - South Park
- Teaos
- 4 Star Admiral
- Posts: 15369
- Joined: Tue Jul 17, 2007 4:00 am
- Commendations: The Daystrom Award
- Location: Behind you!
Re: CBS and Viacom reach merger deal
I wonder how much Star Trek is valued at? If someone wanted to buy it off them. Its not done well the last 20 years, but royalties of the old shows must still pull in a bit.
What does defeat mean to you?
Nothing it will never come. Death before defeat. I don’t bend or break. I end, if I meet a foe capable of it. Victory is in forcing the opponent to back down. I do not. There is no defeat.
Nothing it will never come. Death before defeat. I don’t bend or break. I end, if I meet a foe capable of it. Victory is in forcing the opponent to back down. I do not. There is no defeat.
Re: CBS and Viacom reach merger deal
I cannot find an exact number, but from this article written in July 2016,Teaos wrote:I wonder how much Star Trek is valued at? If someone wanted to buy it off them. Its not done well the last 20 years, but royalties of the old shows must still pull in a bit.
For context, https://www.forbes.com/sites/robsalkowi ... 8058dc1e77In the latest quarter, content licensing and distribution revenue rose 16%, driven mainly by the Star Trek licensing. Meanwhile, affiliate and subscription fees decreased 2.5% and advertising revenue declined 2.6%
License! Global, the trade publication for the licensing industry, lists CBS Consumer Products as No. 88 on its list of Top Global Licensors 2016, valuing the entire CBS portfolio at $300 million. That’s a drop in the bucket compared to the $6 billion value of Warner Bros. properties, and a very far cry from the industry leader, licensing juggernaut Walt Disney DIS +0%’s estimated $52.5b. But a 16% increase in CBS’s overall content and licensing revenue last quarter was attributed almost entirely to Star Trek, pushing CBS’s overall earning beyond analyst expectations.
"Bible, Wrath of Khan, what's the difference?"
Stan - South Park
Stan - South Park
- Graham Kennedy
- Site Admin
- Posts: 11561
- Joined: Mon Jul 09, 2007 2:28 pm
- Location: Banbury, UK
- Contact:
Re: CBS and Viacom reach merger deal
There are folks online saying that this might lead to some sort of Trek rebirth.
It occurred to me today that we haven't had a good Trek TV series since DS9 finished, twenty years ago. Trek TV has been on a downwards trajectory ever since then, really. And next year there will be as many bad seasons (albeit some shorter) as good seasons of Trek. That's a depressing thought.
It occurred to me today that we haven't had a good Trek TV series since DS9 finished, twenty years ago. Trek TV has been on a downwards trajectory ever since then, really. And next year there will be as many bad seasons (albeit some shorter) as good seasons of Trek. That's a depressing thought.
Give a man a fire, and you keep him warm for a day. SET a man on fire, and you will keep him warm for the rest of his life...
- Teaos
- 4 Star Admiral
- Posts: 15369
- Joined: Tue Jul 17, 2007 4:00 am
- Commendations: The Daystrom Award
- Location: Behind you!
Re: CBS and Viacom reach merger deal
But the way TV is being treated not it is very trendy. I can't see them taking the risk on a standard trek show, they will always want some sort of stupid hook.
What does defeat mean to you?
Nothing it will never come. Death before defeat. I don’t bend or break. I end, if I meet a foe capable of it. Victory is in forcing the opponent to back down. I do not. There is no defeat.
Nothing it will never come. Death before defeat. I don’t bend or break. I end, if I meet a foe capable of it. Victory is in forcing the opponent to back down. I do not. There is no defeat.
- Graham Kennedy
- Site Admin
- Posts: 11561
- Joined: Mon Jul 09, 2007 2:28 pm
- Location: Banbury, UK
- Contact:
Re: CBS and Viacom reach merger deal
Yeah, that's pretty universal now in movies and TV. Everything has to be a sequel, remake, reboot, book/comic/game/pamphlet adaption...Teaos wrote:But the way TV is being treated not it is very trendy. I can't see them taking the risk on a standard trek show, they will always want some sort of stupid hook.
Give a man a fire, and you keep him warm for a day. SET a man on fire, and you will keep him warm for the rest of his life...
-
- Lieutenant
- Posts: 458
- Joined: Sun Feb 18, 2018 2:43 pm
- Location: Manchester, United Kingdom.
Re: CBS and Viacom reach merger deal
Coming to a cinema near you next year!Graham Kennedy wrote:~~ book/comic/game/pamphlet adaption...
*cue tense background music*
It seemed like a normal day, but this family had no idea what was lurking in their back garden... until one day, Karen and Kyle looked out on their kids playing football and saw it...
*Family run into the house and hide* It seemed like there was nothing to do, but at that moment... *a pamphlet comes through their letter box* they realised there was one man who could save them...
*big print all-caps bad-font title of the movie comes on the screen* "The GARDENER"
No Matter how big or small the culprit, the GARDENER never stops, never fails, to do the impossible, and-
*incongruous image given the 'horror film' music* remove those ugly shrubs.
-
- 3 Star Admiral
- Posts: 13029
- Joined: Wed Jul 25, 2007 5:27 am
- Commendations: The Daystrom Award, Cochrane Medal of Excellence
- Location: New Hampshire
- Contact:
Re: CBS and Viacom reach merger deal
I'd rather watch that than a lot of other movies.AlexMcpherson79 wrote:Coming to a cinema near you next year!Graham Kennedy wrote:~~ book/comic/game/pamphlet adaption...
*cue tense background music*
It seemed like a normal day, but this family had no idea what was lurking in their back garden... until one day, Karen and Kyle looked out on their kids playing football and saw it...
*Family run into the house and hide* It seemed like there was nothing to do, but at that moment... *a pamphlet comes through their letter box* they realised there was one man who could save them...
*big print all-caps bad-font title of the movie comes on the screen* "The GARDENER"
No Matter how big or small the culprit, the GARDENER never stops, never fails, to do the impossible, and-
*incongruous image given the 'horror film' music* remove those ugly shrubs.
Anyway, this is... big, right? It seems big.