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CBS and Viacom to Merge Again

-- The two companies have been on and off again since 1971, when Viacom was first spun off from CBS due to an FCC ruling about TV program syndication. Sumner Redstone bought Viacom in 1987, and in 2000 he led the first merger of Viacom and CBS.

It didn't last. In 2006 the companies were split again, although Redstone remained the chairman of both. After a Los Angeles court ruling in 2016 that Redstone suffered from dementia, his daughter Shari lobbied for the two businesses to merge again. On August 13, 2019 her wish was granted, and she will be the new chairwoman of the combined business, to be called ViacomCBS Inc. The deal is expected to close by the end of 2019.

The Redstone family members are majority owners of CBS Corporation, Viacom, MTV Networks, BET and Paramount Pictures.

Another election another media cesspool of liberal bias. All the brilliant brains out their in the media spider web have proven yourselves to be like little brats hiding behind the 1st Amendment usurping the truth just to get rating. Who in the hell do you think you are fooling? The media is intentionally liberal socialist hacks.

June 9,2011...11:40pm till...? Channel 50 Detroit....is everyone on vacation or sleeping? The picture content keeps flashing stills of a furniture commercial ....for the last 35 minutes... while "Raymond" audio content is playing and no one answers the phone...

CBS Corp. Names Doug Rousso CTO

-- Rousso will oversee all infrastructure technologies across CBS Corporation's entire business portfolio. Joseph Ianniello, executive vice president and CFO, made the announcement on April 14, 2011.

"As the media landscape evolves, the role of the CTO becomes more and more important," said Ianniello. "In Doug, we are bringing on board a results-driven executive who understands how to leverage technology to the business needs of a company like ours and he will elevate the impact of this vital function inside CBS Corporation. I'm confident that his experience, creativity and drive will not only make our ongoing operations more efficient, but afford us new, unforeseen opportunities as well."

Rousso was previously senior VP and CTO of global information services for CA Technologies. Prior to that, he worked at Warner Bros. Entertainment Inc. as VP and chief architect/management information services and group information officer for domestic television distribution.

The appointment is effective April 18.

-- March 31, 2011 -- Scott Koondel is now senior vice president of corporate licensing and distribution at CBS Corporation. He will continue in his current role as president of distribution for CBS Television Distribution.

How much tax money was spent to change to HDTV. Who got dinners and golf games for selling out the public trust? If the employees of the FCC didn't do their job shouldn't they give any pay they recived for looking out for the good of the pubic back? Afer all they got the free meals at the "meeting".

CBS and Netflix Announce Two-Year Licensing Agreement for Library Content

-- The announcement was made on February 22, 2011. From the press release:

"CBS Corporation and Netflix, Inc. today announced a two-year, non-exclusive licensing agreement that will allow select TV shows from CBS's library, including episodes of "Medium" and "Flashpoint" as well as full seasons of classics such as "Frasier," and "Cheers," to be streamed instantly from Netflix. CBS retains an option to extend the agreement for up to two additional years. Terms of the deal were not disclosed.

Beginning in early April, dozens of hit shows from CBS will join the extensive library of television shows and movies available to watch instantly from Netflix for only $7.99 a month.

Content covered under the new deal includes the long-running drama, "Medium" and the summer season favorite, "Flashpoint." Also covered under the agreement are episodes from some of television's most iconic franchises. Full seasons of sitcom greats "Frasier," "Family Ties" and "Cheers" will be streaming instantly from Netflix. Episodes from the original "Hawaii Five-0″ are included in the package, as are episodes from all generations of the definitive sci-fi series, "Star Trek," and the cult favorite, "Twin Peaks." Installments of '60s classics, "The Twilight Zone" and "The Andy Griffith Show," will be available as well.

"This deal recognizes the increasing value of our content in today's marketplace," said Scott Koondel, President of Distribution, CBS Television Distribution. "More and more, people want to be able to access our programming on a wide variety of platforms. We are very pleased that the titles offered through this deal will now also be made available to a whole new community through the terrific and convenient service that Netflix offers. We will continue to pursue additional non-exclusive distribution partners that are additive to our overall business."

"We are thrilled to be bringing CBS shows to Netflix and are looking forward to growing our relationship over time," said Ted Sarandos, Chief Content Officer for Netflix. "Netflix is now the only online premium subscription service with shows featured on all four broadcast networks and dozens of cable TV's biggest brands.""

CBS Interactive Head Neil Ashe Stepping Down

-- The Wall Street Journal's All Things Digital reported on December 8, 2010:

"Neil Ashe, president of CBS Interactive, is stepping down from his post.

CBS confirmed the move after BoomTown made inquiries recently, after hearing of various executives who had been contacted by the media giant about the position."

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