Viacom, AT&T negotiations weigh on possible CBS tie-up: sources [Reuters]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Reuters
Viacom, AT&T negotiations weigh on possible CBS tie-up: sources | Reuters 3 Min Read (Reuters) - Viacom Inc’s bitter contract renewal talks with AT&T Inc’s DirecTV that could see the blackout of MTV, Nickelodeon and Comedy Central by midnight Friday are weighing on a possible tie-up of CBS and Viacom, sources familiar with the discussions said. Although the boards of CBS and Viacom have not discussed or decided on pursuing a merger, these sources say they are studying AT&T’s impact on Viacom and how it affects the company’s motivation to pursue a CBS merger. Viacom needs to resolve the AT&T contract before considering any other strategic moves including mergers and acquisitions, sources said. Both companies are controlled by the Redstone family’s National Amusements Inc, which pushed for a merger last year but backed off as CBS explores other options before deciding on another run at Viacom. Viacom would take a substantial financial hit without an AT&T deal. AT&T is Viacom’s largest d
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- "The Pitt," new medical drama set in Pittsburgh, to star Noah Wyle [CBS News]CBS News
- 'The Batman,' a 2022 blockbuster, wasn't plagiarized, US judge rules [Reuters]Reuters
- 'The Batman,' a 2022 blockbuster, wasn't plagiarized, US judge rules [Yahoo! Finance]Yahoo! Finance
T
Earnings
- 1/24/24 - Miss
T
Sec Filings
- 3/15/24 - Form 25-NSE
- 3/13/24 - Form 4
- 3/13/24 - Form 4
- T's page on the SEC website