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Is Tyler Perry The New Owner of BET, VH1? Inside The Rumors
Thursday, June 15, 2023 - 2:18pm | 987Reports have surfaced that world-renowned producer, director, actor, screenwriter and entrepreneur Tyler Perry has finalized a deal to purchase BET and VH1 from Paramount Global (NASDAQ: PARA) (NASDAQ: PARAA). Amid unconfirmed reports, let's delve into the most recent news and...
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Wunderlich Bullish On Viacom CEO Bakish, Justifies 60% Upside
Tuesday, December 13, 2016 - 11:19am | 351Redstone-family-controlled National Amusements announced its decision to end efforts to merge Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS). “It is now apparent that Shari Redstone (and many investors) are impressed with new CEO Bob Bakish,” Wunderlich’s Matthew...
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Viacom: Dividend Cuts And CEO Exit Leave Investors Anxious
Thursday, September 22, 2016 - 3:38pm | 515Viacom, Inc. (NASDAQ: VIAB) left investors more anxious after the media company cut its dividend and fourth quarter earnings guidance, and announced the exit of interim CEO Tom Dooley. The company slashed its quarterly dividend in half, from $0.40 to $0.20, which will save about $80 million per...
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MTV Joins Revival Trend Through New Channel: Shows From The '90s Return
Thursday, July 28, 2016 - 4:00pm | 437Get the "Friends" cast back together; I was missing the "Gilmore Girls" and Stars Hollow; Don’t forget "The Real World!" Nostalgia seems to be trendy, and everyone and their grandmother seems to be asking for a revival of some kind. And, of course, in this world, demand creates offer —...
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These Network And Cable TV Channels Are Getting Hit Hardest In 2016
Thursday, June 16, 2016 - 11:41am | 410Neilson recently released C3 ratings through the end of May, and Goldman Sachs analyst Drew Borst took a look at how TV ratings are holding up and which companies are getting hit hardest by cord-cutting. Through the ninth week of Q2 2016, prime-time broadcast ratings for the 18–49 demographic...
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What To Make Of The Viacom-DISH Network Expiration
Wednesday, April 20, 2016 - 1:20pm | 646Unlike previously believed, the programming agreement between Viacom, Inc. (NASDAQ: VIAB) and DISH Network Corp (NASDAQ: DISH) expires Wednesday at midnight. While Viacom's website states the deal is seven years old with an initial expiration date for January 2016, analysts at BTIG were under the...
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Why Original Content Is Becoming An Expensive Commodity: AOL CEO Explains
Monday, April 27, 2015 - 3:07pm | 390Original content and programming has turned out to be a defining factor, separating the leaders in digital media spaces from their peers. AOL, Inc. (NYSE: AOL) chairman and CEO, Tim Armstrong, was on CNBC Monday to discuss the numbers behind producing original content. Massive Growth "...