He is also the author of three books about television, including a biography of pioneer talk show host and producer David Susskind.COVID-19 stay-at-home orders and the closing of movie theaters have hobbled Warner Bros.’ film business. and . Stephen Battaglio writes about television and the media business for the Los Angeles Times out of New York. ViacomCBS is suspending the sale of CBS’ New York headquarters, Black Rock, citing the quickly evolving coronavirus pandemic. Christopher Palmeri, The CBS Corp. headquarters in New York on April 30, 2016. In 2019, there was another merger between Viacom and CBS Corporation, forming ViacomCBS.

Viacom was formed in 2005. This company has both Viacom Media Networks and Paramount Pictures, via which it runs almost 170 networks and reaches more than 700 million users in more than 160 different countries. ViacomCBS is planning to sell CBS’s Midtown Manhattan headquarters—known as “Black Rock”—to generate operating capital for the newly combined company, Chief Executive Bob Bakish said Monday. On January 12, 2018, CNBC reported that Viacom had re-entered talks to merge back into CBS Corporation, after the merger of AT&T-Time Warner and Disney's …

The proceeds from AT&T sold Time Warner’s newly built space in Manhattan’s Hudson Yards in April. The Viacom logo is seen outside company headquarters in New York City August 13, 2019.

- CBS and ...[+] Viacom announced on August 13, 2019 they have reached an … On December 12, the deal was called off. Interview. The media giant says it still hopes to sell the building in 2020. ... A television icon is about to be part of the cost savings and collateral damage of the Viacom-CBS merger. Trump’s payroll tax deferral is a mortal threat to Social Security.Expanded federal jobless benefits and an eviction moratorium have expired. CBS longtime headquarters in New York City will be sold as part of merger with Viacom. Neither CBS nor Viacom has been buying back stock recently. Three days after the long-awaited merger of CBS and Viacom closed, the combined company has decided to sell off the fabled headquarters building of CBS … Quibi is offering a free, ad-supported version of its shortform-video streaming service in Australia and New Zealand. Viacom is an American mass media company with interests focussing in film and television.

AT&T’s renamed WarnerMedia unit now leases the property.Get our revamped Envelope newsletter, sent twice a week, for exclusive awards season coverage, behind-the-scenes insights and columnist Glenn Whipp’s commentary. His coverage of the television industry has appeared in TV Guide, the New York Daily News, the New York Times, Fortune, the Hollywood Reporter, Inside.com and Adweek.

The $200-million reservoir will help retain popular talents on the app, owned by China-based tech firm ByteDance, as it faces challenges from the Trump administration.Triller, an L.A.-based video app, has received a big boost from security concerns and political churn around the blockbuster app TikTok.COVID-19 put a pause on Meow Wolf’s most ambitious, risk-taking and topical endeavor yet: the grocery store-inspired Omega Mart, planned for Las Vegas.Rents are declining in Los Angeles County, with the largest decreases seen in luxury properties, according to reports from RealPage and CoStar. {"slide_to_show":2,"slide_to_scroll":1,"autoplay":"true","autoplay_speed":3000,"speed":300,"arrows":"true","dots":"true"} ViacomCBS is exploring the sale of the historic CBS headquarters known as Black Rock in Midtown Manhattan.ViacomCBS Chief Executive Bob Bakish revealed the plan Monday during his appearance at the UBS Global TMT Conference in New York.Bakish said a Black Rock sale was one of a number of real estate transactions the company will look at with the recombination of Viacom and CBS that was finalized last week. Before CBS merged with Viacom, the company sold its longtime 25-acre Los Angeles facility known as Television City to real estate developer Hackman Capital Partners for $750 million. In 2007, it signed a $500 million contract with Microsoft for 5 years which included content sharing and advertisement. The process took 3 weeks. On September 29, 2016, National Amusements, the parent company of CBS Corporation and Viacom, wrote to Viacom and CBS encouraging the two companies to merge back into one company. I interviewed at ViacomCBS (Miami, FL) in September 2015.