Some of the names on the move ahead of the open.» Read More
Anthony DiClemente, Nomura senior analyst discusses leadership changes at CBS and Viacom on the heels of Sumner Redstone's resignation, and its likely impact on either company.
It's the end of an era as media mogul Sumner Redstone steps down at CBC and CEO Les Moonves takes the reigns, reports CNBC's Landon Dowdy.
Viacom and CBS shares jumped on leadership changes, and some "Fast Money" traders believe the stocks could climb even more.
Check out the companies making headlines after the bell Wednesday: GoPro, Yum Brands, CBS and more.
The "Fast Money" traders give you 5 trades in the media sector following Sumner Redstone's departure from Viacom.
Pivotal Research Group's Brian Wieser explains why Sumner Redstone's resignation means less for CBS.
CBS Corp named CEO Leslie Moonves as chairman on Wednesday, replacing the ailing Sumner Redstone.
LOS ANGELES— Sumner Redstone, the ailing 92- year-old media mogul who controls TV and movie powerhouses CBS and Viacom, has stepped down as executive chairman of CBS amid a courtroom battle over his health and mental capacity. Viacom CEO Philippe Dauman, once Redstone's trusted lawyer, holds authority to make medical decisions for Redstone if he is deemed...
Sumner Redstone is stepping down as CBS chairman, reports CNBC's Julia Boorstin.
3. "NCIS," CBS, 11.98 million. 4. "Scorpion," CBS, 10.7 million. 5. "Madam Secretary," CBS, 10.2 million.
NEW YORK— Much like the presidential debates, coverage of the Iowa caucus set new standards for television viewership. An average of 10.2 million people watched the results of the year's first presidential contest Monday on CNN, Fox News Channel and MSNBC, the Nielsen company said. Besides Ted Cruz's mild upset win in the Republican caucus, the Democratic...
A growing number of companies are taking advantage of the Super Bowl marketing blitz without committing the $5 million for a 30-second ad.
Super Bowl ad campaigns can cost up to $30 million when all is said and done. Still, analysts say it is worth it for the live audience.
CNBC's Julia Boorstin reports on media companies that are performing better than the S&P 500.
Some of the names on the move ahead of the open.
Lawyers for media mogul Sumner Redstone asked a court to dismiss ex-girlfriend Manuela Herzer's petition for a new evaluation of his competence.
Jan 4- Lawyers for media mogul Sumner Redstone on Monday asked a court to dismiss ex-girlfriend Manuela Herzer's petition for a new evaluation of the 92- year-old's mental competence, while Herzer's attorneys said they will seek a subpoena of Viacom CEO Philippe Dauman to compel his testimony in the case. Investors are closely following the lawsuit, which has...
The motion on behalf of Redstone, the controlling shareholder of Viacom Inc and CBS Corp, said he need not be examined since his own physician concluded that he was making healthcare decisions for himself. Weeks earlier, Herzer had been told to leave Redstone's Los Angeles home and was replaced by Viacom CEO Philippe Dauman as Redstone's healthcare agent.
The motion by Redstone, the controlling shareholder of Viacom Inc and CBS Corp, says he need not be examined since his own physician concluded that he was making such decisions by himself.
From "Deflategate" to the first Triple Crown in 37 years, sports generated some of the most memorable story lines in 2015.