Media mogul Sumner Redstone's National Amusements is abandoning a proposal that CBS and Viacom reunite after a 10 year split. National Amusements, which owns most of the voting shares of the two ...

Last week CNN Chief Executive Mark Thompson told his troops to avoid "jumping to conclusions about the future." ...

Viacom requested CBS increase its merger bid by $2.8 billion, nearly 25 percent more than CBS’ original offer, according to Reuters. National Amusements, the parent company that controls both ...

Now to a new Hollywood production that spotlights corporate intrigue and a desperate need to compete. But this drama is offscreen, involving a real-life mega merger. Viacom and CBS are joining forces ...

The CBS and Viacom deal is set to close on December 4. The merging of these two companies, who were once together, then apart, and will now recombine--will be much needed to bring the properties up to ...