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Apr 17, 2024
04/24
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BLOOMBERG
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haslinda: that was the incoming viacom 18 vice chair.bers can get more from that exclusive interview on the terminal and on bloomberg.com. plenty more ahead. this is bloomberg. ♪ haslinda: you're watching bloomberg markets: asia. elon musk is expected to meet with a group of indian space startups on his visit to the country next week. companies including -- say they've had requests from the government to keep their calendars open next monday for meeting with musk in new delhi. his visit may help pave the way for starlink and tesla to break into the indian market. our colleague spoke with the cofounder about his expected meeting with the spacex chief. >> you are meeting elon musk this month when he comes to india. suppose he said, i want to invest in your company. what would you say? >> we would be happy to have a person like that to invest in us. >> with that amount to an emotional takeover? >> no. i don't think so. he's an entrepreneur for sure. he has his big space company to launch already. i feel like he would encourage us but if he
haslinda: that was the incoming viacom 18 vice chair.bers can get more from that exclusive interview on the terminal and on bloomberg.com. plenty more ahead. this is bloomberg. ♪ haslinda: you're watching bloomberg markets: asia. elon musk is expected to meet with a group of indian space startups on his visit to the country next week. companies including -- say they've had requests from the government to keep their calendars open next monday for meeting with musk in new delhi. his visit may...
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Apr 17, 2024
04/24
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FBC
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we were there when sumner bought viacom. controlled it in a proxy fight.tent is very good, and they've got to figure out a way to do what netflix did which is get distribution, and that's a work in progress. liz: and david ellison and skydance, let's say this is ready to go through. right now they are in exclusive talks -- >> up until may 3rd. liz: up until may 3rd. how hard are you willing to fight to stymy this? >> none. liz: you're not going to sue? i thought you said -- >> no, no, no, no, no. we make love. we would basically wait to see what's on the table. as an example, as an example of m&a, you take what a company called lionsgate was able to do. they have stardis, which is a small -- starz and then they have content. they're raising financing through a spac being merged into their content company. so lionsgate is a holding company. there's a lot of financial engineering that could work. we're waiting to see the cards on the table face up. liz: what would look good to you? what would be palatable to you? >> brian allen -- liz: byron. >> byron allen,
we were there when sumner bought viacom. controlled it in a proxy fight.tent is very good, and they've got to figure out a way to do what netflix did which is get distribution, and that's a work in progress. liz: and david ellison and skydance, let's say this is ready to go through. right now they are in exclusive talks -- >> up until may 3rd. liz: up until may 3rd. how hard are you willing to fight to stymy this? >> none. liz: you're not going to sue? i thought you said -- >>...
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Apr 29, 2024
04/24
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BLOOMBERG
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you have bob, who has been the ceo of the company for quite a welcome ever since viacom and cbs wereerged company kind of has taken charge, and he has i think done a fairly good job, although some people would pay that, you know, getting into the ceiling business was not a good idea to begin with. that is because, yes, they have successes, subscribers, but they have lost a ton of money, they have lost about five billion dollars, and a lot of people seem to think that it is because of a misstep or was a misstep by bob bakish. there's a lot of confusion right now, getting rid of bob bakish definitely challenges the status quo. bob bakish was against the deal with sky dance. caroline: wow. it looks at the bit is evolving very quickly on the day, and we will be looking with you again. meanwhile, coming up, it taking a look at a new kind of college, called the founders fund. more on that in caroline: this is "bloomberg technology." coming up on bloomberg television," p.m. eastern time, bloomberg etf iq. this is bloomberg. ♪ ed: an online alternative to community colleges, trying to tackle
you have bob, who has been the ceo of the company for quite a welcome ever since viacom and cbs wereerged company kind of has taken charge, and he has i think done a fairly good job, although some people would pay that, you know, getting into the ceiling business was not a good idea to begin with. that is because, yes, they have successes, subscribers, but they have lost a ton of money, they have lost about five billion dollars, and a lot of people seem to think that it is because of a misstep...
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200
Apr 17, 2024
04/24
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CNBC
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of course, redstone prevailed, viacom buying it for $10 billion, by the way.alue above the current market value for paramount, which also includes cbs at this point, as well as viacom, which became a far larger company. here we are again. i have to admit i find it fascinating yet again. let me give you a quick update because we have been covering it for some time. first of all, this period of exclusivity that the ellison camp, skydance, red bird, kkr also a part of that right now, are in right now in terms of negotiating with the special committee of the board. that is going to end early may. they're not going to have a deal done by then. i don't think the market expected that would be the case, but certainly worth mentioning. every indication i get from people on all sides is it's going to take more time than that. they are negotiating in full right now. there are obviously, as you might expect, conversations between the advisors to the special committee and the skydance camp as well. but it's going to take more time than that, and it may be more twists and t
of course, redstone prevailed, viacom buying it for $10 billion, by the way.alue above the current market value for paramount, which also includes cbs at this point, as well as viacom, which became a far larger company. here we are again. i have to admit i find it fascinating yet again. let me give you a quick update because we have been covering it for some time. first of all, this period of exclusivity that the ellison camp, skydance, red bird, kkr also a part of that right now, are in right...
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Apr 3, 2024
04/24
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CSPAN2
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and immediately invested in company and continued to put money in the company until we sold it to viacom. john malone of new york right, is that you? no. denver. denver, go right more back. i'll have. yeah. so, betty, i see some heads but i got to to one more story. okay. we all hold those. hold that. all right. put a pencil in it. you. 30 years. how would you describe your relationship? i think that's the only way put it, because it's shaped you and somehow you learned what was the lesson and spending 30 years with someone who may not have appreciated you, not only did he not appreciate me, he had no respect for me because whole time that we were building this company and i wanted to keep putting him first because in the african-american community, men are held back. and i really him to shine. i put all of his needs first. i was in the back really being the cheerleader there, and he would keep attacking me. he said, you just need to pipe down. you need to be my cheerleader, but i needed to help help shape the vision of what we needed to create. okay and i didn't want us to lose sight of
and immediately invested in company and continued to put money in the company until we sold it to viacom. john malone of new york right, is that you? no. denver. denver, go right more back. i'll have. yeah. so, betty, i see some heads but i got to to one more story. okay. we all hold those. hold that. all right. put a pencil in it. you. 30 years. how would you describe your relationship? i think that's the only way put it, because it's shaped you and somehow you learned what was the lesson and...
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Apr 29, 2024
04/24
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FBC
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by the way, when ask the last time we've not spoken about viacom, vp, paramount, national amusementsevable story. if you notice the stock is up but you know, this is not the type of rally you see when common shareholders are, you know, jubilant about a deal. so that's one thing. the other thing i think this will slow shade on liz, this is a big story, it comes up every now and then, this dual class stock situation in a lot of media companies where you have controlling people holding the stock but they don't own most of it. they own the controlling shares, not the common shares. when you try to do a deal that benefits the controlling shareholders, you know, there is this sort of clash with the common shareholders. i think we're going to see more of that. there will be a case study on this as well, on how welcome mon shareholders should be treated, when there should be dual stoke but right now, be that as it may, we're going to know a lot more i would say in the next 15 minutes i guess, right, when they do earnings. because that is where this is all coming to a head but again never see
by the way, when ask the last time we've not spoken about viacom, vp, paramount, national amusementsevable story. if you notice the stock is up but you know, this is not the type of rally you see when common shareholders are, you know, jubilant about a deal. so that's one thing. the other thing i think this will slow shade on liz, this is a big story, it comes up every now and then, this dual class stock situation in a lot of media companies where you have controlling people holding the stock...
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Apr 16, 2024
04/24
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CNBC
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viacom merged with cbs, stock is down a lot.with discovery, stock down a lot. disney merged with fox. stock is down a lot. like, it's not clear that consolidation is fixing the problem. the problem is, linear tv business is facing stiffer and stiffer -- >> that's what i'm trying to say. everybody is sitting around going, well, if i move this chess piece and merge my chess piece with another chess piece, i'm somehow going to save a fortune. >> the market is telling you, cost cutting is not a growth strategy. if your top line is declining, you don't have a good business. >> bingo. so what do you do? >> if i look at what your parent company seems to be doing, if i think about comcast, you wait. you try to outlast. you have a much stronger balance sheet. you know, look at the situation paramount is in. look at the -- you know, while warner brother has done an incredible job cutting its debt load, the growth -- the trajectory, investors are obviously very worried looking at the stock price and what happens to the nba, and where do th
viacom merged with cbs, stock is down a lot.with discovery, stock down a lot. disney merged with fox. stock is down a lot. like, it's not clear that consolidation is fixing the problem. the problem is, linear tv business is facing stiffer and stiffer -- >> that's what i'm trying to say. everybody is sitting around going, well, if i move this chess piece and merge my chess piece with another chess piece, i'm somehow going to save a fortune. >> the market is telling you, cost cutting...