Post-Sumner, ViacomCBS Charts Path Led by Shari Redstone

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What's the path forward for ViacomCBS after media mogul SumnerRedstone's death at 97?

at 97? Most Wall Street observers expect no strategy changes given that the executive didn't have any involvement in major company decisions in recent years.

The foundation of that digital push is six-year-old CBS All Access, which launched years ahead of Disney+ or HBO Max but remained somewhat limited in its scope. All Access and sister service Showtime have a combined 16.2 million subscribers, significantly more than newly launched HBO Max but far behind that of streaming leader Netflix and nine-month old Disney+ .

"The focus now is on the blending of operations and creation/evolution of assets intended to extend the value of the various content creation sources that have always been the strength of Viacom and CBS," explains Goss. Meanwhile, Goss in a Wednesday report, in which he maintained his "outperform" rating on ViacomCBS' stock, lauded the company for creating "value of combination through more robust consumer offerings," including a "more robust streaming offering."

 

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Meet the family and heirs to Sumner Redstone's ViacomCBS media empire - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Attorneys will make hundreds of millions of $$$ off this... Its a shame that how little attention we have paid to Sumner Redstone's death The NY Times (and BI) have very short writeups I remember in his day we would read pages and pages on him and his biz moves Did he live too long? Did we forget? This is Sumner Redstone
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End Of The Drama: Sumner Redstone’s Death Leaves Only One Intrigue For ViacomCBSWith the messy ‘Succession’-like storyline laid to rest with her father, Shari Redstone still has to prove she can keep the family’s $3 billion fortune intact. South Korea and the blood in the pizza from Parasite. I know.
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Sumner Redstone Dies: Giant Of The Media World Was 97Sumner Redstone, a towering industry figure who built a business empire that included Viacom, Paramount Pictures and CBS, has died at the age of 97. Confirming the news on Wednesday morning, Nation… His young girls friends are free
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Sumner Redstone, billionaire media mogul, dead at 97Sumner Redstone, whose sprawling empire included CBS and Viacom and who drew headlines for both his deals and his turbulent personal life, has died I hope the American Hiba and German researchers will make a successful coronavirus vaccine. From the three-phase test to the safety test should be perfect. A dead billionaire is a good billionaire Is that the guy that adopted the umbrella kids?
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