http://groups.google.com/group/rec.arts.tv/browse_thread/thread/cbe428983c3e8408?hl=en#

It looks more like an attempt to push CBS' stock price skyward than it does
a foreshadowing of merger to come, but stranger things have happened.

Noted in the article (http://www.google.com/url?sa=D&q=http://www.bloomberg.com/news/2013-04-21/time-warner-cbs-seen-candidate-for-merger-real-m-a.html&usg=AFQjCNFdTNenrSWnPKn3_Tt98Q_CtLWC8w), though, are these interesting tidbits:

Sumner Redstone, majority stockholder in CBS, has assigned his shares to a
board of trust management system upon his death. That board will include
the Viacom CEO Philippe Dauman and Redstone's daughter, but it will not
include Les Moonves. However, Moonves is expected to become the CBS
chairman of the board when Redstone dies.

The article also notes that Moonves' employment contract (President and CEO
of CBS) ends in 2017 and Jeffrey Bewkes' contract (President and CEO of Time
Warner) expires six months later.

If CBS and Time Warner merged (and I'm not necessarily supporting or opposing such a thing) then it would kind of feel like the next logical step. They already have the CW Network together, as well as teaming up on the NCAA men's basketball championship tournament coverage. The Turner Broadcasting networks have kind of been the defacto cable arm of CBS anyway since at least the '90s when they showed the Winter Olympics together.

http://groups.google.com/group/rec.arts.tv/browse_thread/thread/cbe428983c3e8408?hl=en#

It looks more like an attempt to push CBS' stock price skyward than it does
a foreshadowing of merger to come, but stranger things have happened.

Noted in the article (http://www.google.com/url?sa=D&q=http://www.bloomberg.com/news/2013-04-21/time-warner-cbs-seen-candidate-for-merger-real-m-a.html&usg=AFQjCNFdTNenrSWnPKn3_Tt98Q_CtLWC8w), though, are these interesting tidbits:

Sumner Redstone, majority stockholder in CBS, has assigned his shares to a
board of trust management system upon his death. That board will include
the Viacom CEO Philippe Dauman and Redstone's daughter, but it will not
include Les Moonves. However, Moonves is expected to become the CBS
chairman of the board when Redstone dies.

The article also notes that Moonves' employment contract (President and CEO
of CBS) ends in 2017 and Jeffrey Bewkes' contract (President and CEO of Time
Warner) expires six months later.
Why does Murray Rothstein insist on claiming his name is "Redstone" ?

What would that mean for Time Warner internet subscribers. Such as I?

It may work...

Maybe then, The CW may get better ratings than it does...ever!

Just what we needed: another merger that creates an above-the-law mega conglomerate. :eek4:

You can communicate with many friends, maybe you can find the best answer


__________________
The good life on their own to create

So, if TimeWarner and CBS Corporation did decide to merge, then what does this mean for rival premium cable networks HBO and Showtime? HBO is owned by Warner, Showtime is owned by CBS.

This can't be a good thing. The two most aggressive Networks being one company. The Competition between the two will be lost and it will further hurt in the new shows they present.

Between the two of these, they control MOST of the older TV shows. Mergers of the two giants have never been good in any industry. Most industries would be bucking the Sherman Law and have to get permission from the FTC long before they get to talking about merging. In fact, most industries would have had to face that long before if they were to operate like those two and the little Mini Mergers.