Media companies of Merger Viacom and CBS completed

Media companies of Merger Viacom and CBS completed

The Viacom-CBS merger is complete. Together, the media companies stand stronger against the fierce competition from rivals such as Walt Disney and Netflix.
The American media groups CBS and Viacom have completed their merger. The merged company will continue under the name ViacomCBS and is active with films and televisions.
The merger was announced in August, after the stock deal worth nearly $ 12 billion was in the works. CBS is active with news, sports and television programs and Viacom is known for, among other things, film studio Paramount Pictures and TV channels such as MTV and Nickelodeon. Together, the companies stand stronger against the fierce competition from rivals such as Walt Disney and Netflix

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