CBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redstone's U.S. entertainment empire, betting that a larger company will be able to compete and partner better in a media industry dominated by giants.'
For years, we've noted how popular TV ratings firm Nielsen has turned a bit of a blind eye to cord cutting and the Internet video revolution, on one hand declaring that the idea of cord cutting was " pure fiction ," while on the other hand adm
CBS Corp. CBS, -2.28% CBS.A, -1.19% said late Monday it has agreed to sell its 25-acre production studio complex CBS Television City and sound stage operation to Los Angeles real estate developer Hackman Capital Partners for $750 million.
CBS CEO Les Moonves is reportedly resigning from his position just hours after additional women accused him of sexual misconduct in The New Yorker. The embattled executive was first accused of sexual harassment by a half dozen women in August in an explos