CBS and TIME WARNER to merge (speculation) - Sitcoms Online Message Boards

TMC · 04-22-2013, 07:15 PM

http://groups.google.com/group/rec.a...c3e8408?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, 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.

TMC · 04-23-2013, 01:34 AM

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.

loaferman · 04-23-2013, 09:08 AM

Quote:

Originally Posted by TMC

http://groups.google.com/group/rec.a...c3e8408?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, 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" ?

Ryan Chamberlain · 04-24-2013, 02:12 AM

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

MrCleveland · 04-24-2013, 04:29 PM

It may work...

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

ajgenard · 04-25-2013, 12:27 AM

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

abaozuibang · 04-26-2013, 03:03 AM

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

__________________
The good life on their own to create

James28 · 07-10-2013, 09:44 AM

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.

DroopyVids · 07-11-2013, 09:03 PM

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.

04-22-2013, 07:15 PM	#1
TMC Member Forum Idol Join Date: Jan 09, 2001 Posts: 124,377	CBS and TIME WARNER to merge (speculation) http://groups.google.com/group/rec.a...c3e8408?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, 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.

04-24-2013, 02:12 AM	#4
Ryan Chamberlain Return Of The Silverburg 2018! Forum Regular Join Date: Mar 10, 2011 Location: Still hiding in Miles Silverburg's closet. Posts: 663	What would that mean for Time Warner internet subscribers. Such as I?
	__________________ *Despite my username. I am a chick. I go chirp. But, what does the fox say?* Night Court, The Simpsons, Pre-Cartini General Hospital, Step By Step, Murphy Brown, Three's Company and Perfect Strangers fan forever! "You can't put a porcupine in a barn, set it on fire, and expect to make licorice" -Dana Carvey *You robbed an international house of pancakes. How waffle-Harry T. Stone. <3* Goodnight, sweet prince. Harry Anderson 1952-2018

04-24-2013, 04:29 PM	#5
MrCleveland Drew Carey from Hell Forum Star Join Date: Nov 10, 2007 Location: The City of Cleveland, in The State of Cleveland, in The United States of Cleveland Posts: 14,222	It may work... Maybe then, The CW may get better ratings than it does...ever!
	__________________ Thank God for kids that love Obscure Things. Lee Hazlewood (1929-2007) You ARE Special to God! Rev. Ernest Angely (August 1921-May 2021)

07-10-2013, 09:44 AM	#8
James28 Member Forum 3000 Club Member Join Date: Apr 14, 2007 Posts: 3,967	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.
	__________________ "When the run of a network TV show has ended, some go out with a bang, some with a whimper, but all are...Future Endeavored." "Stay Safe"? More like "Stay Sad". #2020Hurts

07-11-2013, 09:03 PM	#9
DroopyVids Member Occasional Poster Join Date: Jun 18, 2013 Location: Colorado Posts: 82	WB/CBS Merger 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.
	__________________ DroopyVids is a huge collection of Classic and Public Domain Programming. Right now, we are spending our time adding TV programming but movies are on the horizon.

04-23-2013, 01:34 AM	#2
TMC Member Forum Idol Join Date: Jan 09, 2001 Posts: 124,377	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.

04-25-2013, 12:27 AM	#6
ajgenard Member Frequent Poster Join Date: Jul 09, 2011 Location: PA Posts: 369	Just what we needed: another merger that creates an above-the-law mega conglomerate.

04-26-2013, 03:03 AM	#7
abaozuibang Member First Time Poster Join Date: Apr 26, 2013 Location: america Posts: 1	You can communicate with many friends, maybe you can find the best answer __________________ The good life on their own to create