Marc Debevoise Joe Ianniello Joseph Ianniello Argus Capital Corp city Columbus Entertainment president Marc Debevoise Joe Ianniello Joseph Ianniello Argus Capital Corp city Columbus

Former CBS CEO Joe Ianniello Launches SPAC, Eyes Media Deals

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Former longtime CBS executive Joseph Ianniello has launched a special purpose acquisition company, or SPAC, with a handful of former colleagues to scout for acquisitions in media, entertainment and sports.The firm called Argus Capital Corp, filed with the Thursday to raise up to $300 million, offering 30 million units at $10.

Ianniello is chairman and CEO of the group, headquartered at Columbus Circle in NYC.Ianniello was most recently CEO of CBS Entertainment Group and had served as acting chief executive of CBS prior to its merger with Viacom.

He’s joined by Argus president and vice chairman Marc DeBevoise, who was most recently CEO of ViacomCBS Digital.The idea as with other SPACs is to leverage management’s combined expertise and target

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