After much speculation, Viacom and CBS are back together once again after 13 years apart. Early this afternoon, the two media companies officially announced plans to merge into a new company dubbed ViacomCBS. Once the merger becomes official, current Viacom CEO Bob Bakish will head up the company.
“Today marks an important day for CBS and Viacom, as we unite our complementary assets and capabilities and become one of only a few companies with the breadth and depth of content and reach to shape the future of our industry,” Bakish said in a press release.
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CBS and Viacom to merge after 13 years apart originally appeared on BGR.com on Tue, 13 Aug 2019 at 15:11:32 EDT. Please see our terms for use of feeds.
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