Sunday, August 11, 2019

CBS and Viacom Boards Haggle Over Price as Merger Talks Accelerate

Board members of CBS and Viacom worked most of the weekend in an effort to reach a long-awaited merger agreement for the two halves of the Redstone media empire. Sources close to the situation said the sides have made progress since Friday in hashing out some of the final details in the tie-up between the […]

from Variety https://ift.tt/2YJt2es

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Netflix to Raise Another $2 Billion Through Debt to Fund Massive Content Spending

Netflix, burning boatloads of cash with a projected $15 billion content budget for 2019, is adding to its debt load once again. On Monday (O...