CBS Television City Ex-Employees Sue Network & Facility’s New Owner Over Lost Jobs, Lack Of Buyout Offers

Twenty-five “distraught” former employees at CBS Television City have filed a class-action lawsuit against the facility’s new owner and CBS Broadcast, alleging that they were fired after its sale and not offered buyout deals, unlike many of their colleagues. All of but one of the defendants have worked at CBS for at least 30 years, with most starting in the […]

Read more

CBS ordered to disclose internal records on Viacom deal

(Reuters) – A Delaware judge on Monday ordered broadcaster CBS Corp to turn over records regarding its plan to reunite with Viacom Inc to a shareholder who wants to investigate if the deal unfairly benefits Shari Redstone, who controls both companies. The deal is scheduled to close on Dec. 4, combining CBS television network, CBS News, Showtime cable networks with […]

Read more

FCC hammers CBS with $272,000 Fine

FTC fines YouTube $170M over violations of children’s privacy laws FBN’s Susan Li on the FTC fining Google over allegations YouTube violated Children’s Online Privacy Protection Act The Federal Communications Commission has no tolerance for the misuse of the Emergency Alert System. Continue Reading Below The FCC proposed a $272,000 fine for CBS for allegedly airing a simulated emergency alert […]

Read more

James Corden to Remain as Host of ‘Late Late Show’ on CBS

James Corden, a onetime comic performer on the London stage who found his niche on American late-night television as the host of “The Late Late Show” on CBS, will continue to hold down the network’s 12:30 a.m. slot for the next few years. CBS announced on Monday that it had extended Mr. Corden’s contract through 2022. He hit the airwaves […]

Read more

CBS-Viacom is just the beginning of Shari Redstone's media deals

NEW YORK (Reuters) – More than two months before CBS Corp (CBS.N) and Viacom Inc (VIAB.O) succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger. “We would want to look at something after that to … develop more scale as we move forward,” Redstone said at The Information’s […]

Read more

CBS-Viacom Merger Imminent As Sides Agree On Price

CBS and Viacom have agreed to a price for their long-awaited merger and plan to formalize the deal with an announcement after the close of trading today, sources tell Deadline. The “exchange ratio” — how many shares of each company will be traded in the all-stock translation — had been a major consideration in negotiations over recent days. The boards […]

Read more
1 2 3 9