CBS, Viacom complete merger in a win for Shari Redstone [Reuters]
CBS (CBS)
Last cbs earnings: 11/12 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.cbscorporation.com
Company Research
Source: Reuters
CBS, Viacom complete merger in a win for Shari Redstone (Reuters) - CBS Corp and Viacom Inc completed their merger on Wednesday, reuniting media mogul Sumner Redstone’s U.S. entertainment empire. The combined entity, ViacomCBS Inc VIACA.O VIAC.O, is controlled by National Amusements Inc, the holding company owned by billionaire Sumner Redstone and his daughter, Shari. The third attempt at a merger since 2016 is a decisive win for Shari Redstone, whose father built the companies through a series of mergers and then broke them apart 13 years ago. The recombination comes amid an increasingly competitive media landscape dominated by Disney ( DIS.N ) and Netflix ( NFLX.O ), prompting Redstone to pursue a merger. The deal combines the CBS television network, CBS News, Showtime cable networks with MTV Networks, Nickelodeon, Comedy Central and the Paramount movie studios. Together, they will own more than 140,000 TV episodes and 3,600 film titles. Annually, it is estimated to generate abo
Show less
Read more
Impact Snapshot
Event Time:
CBS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CBS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CBS alerts
High impacting CBS news events
Weekly update
A roundup of the hottest topics