Los Angeles Times
Her father once dismissed her as a lightweight. Now Shari Redstone will run the show at ViacomCBS (Los Angeles Times)
Submitted by benton on Wed, 08/14/2019 - 06:29
CBS and Viacom to merge, reuniting the storied network with Comedy Central, MTV and Paramount Pictures
After years of on-again, off-again merger talks, broadcast giant CBS and its corporate sibling Viacom finally agreed to reunite in a $12-billion deal that will bring together such well-known brands as CBS, MTV, Nickelodeon and Showtime. CBS, which is the larger of the two companies and worth $18.5 billion, will absorb the smaller Viacom, which owns such assets as MTV, Nickelodeon, BET, Comedy Central and the Paramount Pictures movie studio in Hollywood.
Senators urge EBay, Amazon and Google to restrict sales of assault-rifle parts (Los Angeles Times)
Submitted by benton on Sun, 08/11/2019 - 14:56Jon Healey: Hands off the internet, President Trump (Los Angeles Times)
Submitted by benton on Sun, 08/11/2019 - 14:54
AT&T’s promise of better pay-TV prices and service is ‘bordering on the absurd’
When AT&T acquired Time Warner in 2018 for $85 billion, the companies said the deal would be great for consumers, who would benefit from lower prices and improved service. The Justice Department said the opposite, predicting the merger would give AT&T so much market power that price hikes and channel blackouts were all but inevitable. And now we know. The government was right.