How ViacomCBS’s Content Deals Cost U.S. Taxpayers $4 Billion

A new report details ViacomCBS’s use of a labyrinthine tax shelter to sell rights to its shows and films overseas.

#cbs-corporation, #corporate-taxes, #intellectual-property, #international-trade-and-world-market, #law-and-legislation, #media, #mission-impossible-movie, #redstone-shari, #spongebob-squarepants-cartoon-character, #tax-shelters, #taxation, #viacom-inc, #viacomcbs-inc, #video-recordings-downloads-and-streaming

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Leslie Moonves Receives Nothing From CBS Exit Package

A filing on Friday marked the end of a long dispute between the company and the once-powerful executive, who was fired in 2018 after accusations of sexual misconduct.

#cbs-corporation, #executive-compensation, #moonves-leslie, #television, #viacomcbs-inc

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Broadcast News in Flux as CBS News President Prepares Exit

Susan Zirinsky is departing, while ABC News is said to be close to hiring a new leader, at a time of reorganization in television news in the post-Trump era.

#60-minutes-tv-program, #appointments-and-executive-changes, #cbs-evening-news-tv-program, #cbs-news, #cbs-this-morning-tv-program, #news-and-news-media, #television, #viacomcbs-inc, #zirinsky-susan

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He Built a $10 Billion Investment Firm. It Fell Apart in Days.

Banks were eager to do business with Bill Hwang and his Archegos Capital Management — until he ran out of money.

#archegos-capital-management-llc, #banking-and-financial-institutions, #credit-suisse-group-ag, #derivatives-financial-instruments, #goldman-sachs-group-inc, #gsx-techedu-inc, #hedge-funds, #hwang-bill, #jpmorgan-chasecompany, #morgan-stanley, #regulation-and-deregulation-of-industry, #rlx-technologies, #stocks-and-bonds, #viacomcbs-inc

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Investment Firm’s Collapse Put Unseen Risks on Full Display

Archegos Capital Management’s use of swaps helped conceal its exposure to huge blocks of shares but showed once again how lightly regulated derivatives can shake the financial system.

#archegos-capital-management-llc, #banking-and-financial-institutions, #credit-suisse-group-ag, #derivatives-financial-instruments, #hedge-funds, #hwang-bill, #nomura-holdings-inc, #regulation-and-deregulation-of-industry, #stocks-and-bonds, #viacomcbs-inc

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Banks Face Billions in Losses as a Bet on ViacomCBS and Other Stocks Goes Awry

Archegos Capital Management, led by Bill Hwang, couldn’t meet financial demands, creating turmoil on Wall Street and raising questions about the fund’s ties to lenders.

#archegos-capital-management, #banking-and-financial-institutions, #credit-suisse-group-ag, #discovery-channel, #goldman-sachs-group-inc, #gsx-techedu, #hwang-bill, #morgan-stanley, #nomura-holdings-inc, #regulation-and-deregulation-of-industry, #rlx-technology, #stocks-and-bonds, #tiger-asia, #tiger-management-llc, #viacomcbs-inc

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Why Oprah’s Meghan and Harry Special Won’t Have a Streaming Home

The three participants’ ties to Netflix and Apple, along with Ms. Winfrey’s desire to reach a big live-viewing audience, paved the way to an old-school deal with CBS.

#cable-television, #cbs-corporation, #harry-duke-of-sussex, #markle-meghan, #media, #oprah-winfrey-network, #television, #viacomcbs-inc, #video-recordings-downloads-and-streaming, #web-original-programming, #winfrey-oprah

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The + That’s Taking Over Streaming Platforms

An idea that seemed like a real plus when streaming was newer has fallen into cliché.

#advertising-and-marketing, #disney-plus, #labeling-and-labels-product, #nbcuniversal, #paramount-pictures, #viacomcbs-inc, #walt-disney-company

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Plus + Plus + Plus = Streaming Name Surplus

An idea that seemed like a real plus when streaming was newer has fallen into cliché.

#advertising-and-marketing, #disney-plus, #labeling-and-labels-product, #nbcuniversal, #paramount-pictures, #viacomcbs-inc, #walt-disney-company

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Grown-Ups Loved the N.F.L. on Nickelodeon. But What About Children?

The cable channel aired a slime-filled version of the Bears-Saints wild-card game on Sunday, to the delight of many adults. But the goal was to convert children into football fans.

#cable-television, #chicago-bears, #football, #national-football-league, #new-orleans-saints, #nickelodeon, #television, #viacomcbs-inc

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Winter TV Preview: 21 Shows to Watch

Newcomers and old favorites include a Marvel series, the long-awaited return of “Gomorrah” and Judi Dench among the orangutans.

#30-coins-tv-program, #all-creatures-great-and-small-tv-program, #amazon-com-inc, #call-my-agent-tv-program, #cbs-corporation, #coyote-tv-program, #crack-cocaine-corruptionconspiracy-tv-program, #dickinson-tv-program, #discovery-channel, #disney-plus, #flack-tv-program, #gomorrah-tv-program, #hbo-max, #in-the-long-run-tv-program, #judi-denchs-wild-borneo-adventure-tv-program, #losing-alice-tv-program, #lupin-tv-program, #netflix-inc, #pop-tv-network, #pretend-its-a-city-tv-program, #servant-tv-program, #spiral-tv-program, #starz, #television, #viacomcbs-inc, #wandavision-tv-program

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Penguin Random House to Buy Simon & Schuster

ViacomCBS agreed to sell the 96-year-old company in a deal that potentially creates a megapublisher.

#antitrust-laws-and-competition-issues, #bertelsmann-ag, #book-trade-and-publishing, #books-and-literature, #media, #penguin-random-house, #simonschuster-inc, #united-states, #viacomcbs-inc

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Netflix Pulls ‘Chappelle’s Show’ at Dave Chappelle’s Request

The comedian was unhappy that “Chappelle’s Show” was licensed to Netflix and HBO Max, saying that he should have been paid.

#chappelle-dave, #chappelles-show-tv-program, #comedy-and-humor, #comedy-central, #home-box-office, #netflix-inc, #television, #viacomcbs-inc

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Rupert Murdoch’s News Corp Bids for Simon & Schuster

A sale of the venerable publisher of Stephen King and Hillary Clinton could fetch $1.7 billion and rev up consolidation in book publishing.

#bertelsmann-ag, #book-trade-and-publishing, #books-and-literature, #hachette-book-group, #harpercollins-publishers, #media, #mergers-acquisitions-and-divestitures, #murdoch-rupert, #news-corporation, #penguin-random-house, #simonschuster-inc, #trump-donald-j, #viacomcbs-inc

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It Was Business, It Was Personal: The Redstones’ Father-Daughter Feud

A period of estrangement between Shari Redstone and her combative father, Sumner Redstone, ended with a reconciliation before his death and the daughter taking over the family empire.

#appointments-and-executive-changes, #cbs-corporation, #families-and-family-life, #national-amusements-inc, #redstone-shari, #redstone-sumner-m, #viacom-inc, #viacomcbs-inc

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ViacomCBS Fires Nick Cannon, Citing Anti-Semitic Podcast Remarks

The network said that Mr. Cannon had promoted “hateful speech” during a recent episode of “Cannon’s Class,” his YouTube podcast.

#cannon-nick, #discrimination, #jews-and-judaism, #media, #mtv-networks, #music, #nickelodeon, #rap-and-hip-hop, #television, #the-masked-singer-tv-program, #viacomcbs-inc

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Trump-Comey Mini-Series Will Air Before Election Day

The series director criticized ViacomCBS’s announcement that it would broadcast “The Comey Rule” in late November. On Wednesday, the air date was moved to September.

#cbs-corporation, #comey-james-b, #daniels-jeff, #federal-bureau-of-investigation, #gleeson-brendan, #lane-diane, #movies, #murphy-ryan, #politics-and-government, #ray-billy, #russian-interference-in-2016-us-elections-and-ties-to-trump-associates, #showtime, #television, #trump-donald-j, #viacomcbs-inc

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Director of Trump-Comey TV Series Criticizes Postelection Release Date

In an email to the cast, the filmmaker, Billy Ray, lamented ViacomCBS’s announcement that it would show his adaptation of James Comey’s tell-all in late November.

#a-higher-loyalty-truth-lies-and-leadership-book, #cbs-corporation, #comey-james-b, #movies, #ray-billy, #russian-interference-in-2016-us-elections-and-ties-to-trump-associates, #the-comey-rule-tv-program, #trump-donald-j, #viacomcbs-inc

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The TV Commercial, Once Advertising’s Main Event, Suffers in the Pandemic

People are watching more television these days. But companies are spending less time, effort and money on TV ads.

#advertising-and-marketing, #coronavirus-2019-ncov, #kantar-media, #memorial-day, #nbcuniversal, #quarantines, #television, #upfronts-television, #viacomcbs-inc

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As Cable TV Fades, Fearing ‘the End of Comedy Central’

The network that made the careers of Dave Chappelle, Stephen Colbert and Amy Schumer has laid off top executives while looking to make shows that are cheaper to produce.

#alterman-kent-1957, #appointments-and-executive-changes, #bakish-robert-m, #cable-television, #chappelle-dave, #colbert-stephen, #comedy-and-humor, #comedy-central, #glazer-ilana, #layoffs-and-job-reductions, #lum-nora-awkwafina, #mccarthy-chris-television-executive, #mtv-networks, #noah-trevor-1984, #schumer-amy, #stewart-jon, #television, #viacomcbs-inc

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