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The CW may get a new majority owner. Fifteen years after the broadcast network’s launch, its co-parents, ViacomCBS and WarnerMedia, are considering a controlling stake sale, sources confirm to Deadline. Nexstar Media Group, which is the CW’s largest affiliate group following its acquisition of Tribune, is believed to be among interested buyers. Sources caution that conversations with multiple suitors are in exploratory stages and no deal is imminent.

Les Moonves Warner Bros USA show ViacomCBS Nexstar

‘Yellowstone’ Sets New Ratings Records As Season 4 Finale Draws 9.3 Million Viewers On Paramount Network

Yellowstone continues to defy gravity — and an industrywide decline in linear ratings. The Season 4 finale of Paramount Network’s hugely popular drama starring Oscar winner Kevin Costner hit a new series high with 9.3 million total viewers in Live+Same Day, up +81% vs. the Season 3 finale (5.2 million). The Jan. 2 closer eclipsed the previous L+SD viewership high mark set by the Season 4 premiere (8 million) to become the most watched telecast on cable since The Walking Dead Season 8 premiere on AMC in October 2017 (11.4 million).

Kevin Costner Chris Maccarthy social record ViacomCBS

Media And Entertainment Stocks Close The Book On Mixed 2021

Covid, neither gone nor forgotten in 2021, batted investors and markets for another year as attempts at business as usual were stymied by cycles of angst and rebound. Defensive stocks, growth stocks, value stocks, stay-at-home stocks were in one day, out the next. After a volatile year of ups and downs, broader markets ended on a high note, but it was it was mixed bag for media.

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ViacomCBS CEO Bob Bakish Talks Streaming Growth, Pluto TV Profit, Simon & Schuster Wobble

ViacomCBS’s Bob Bakish said he and chair Shari Redstone both bought stock last month in a show of faith that the shares are undervalued and investors to will start acknowledge that, with a few prods.

Bob Bakish Shari Redstone reports ViacomCBS CEO

ViacomCBS Sees Gains In Workforce Diversity In Second DEI Report Since Merger

Ethnic diversity at ViacomCBS’ U.S. operations nosed up to 37.7% from 36.2% over the past year and, at the VP level or higher, moved to 27.7% from 24.9%, according to the company’s second DEI (Diversity, Equity & Inclusion) report since Viacom and CBS merged in late 2019.

reports 2020 ViacomCBS DEI

NFL Club Owners Approve More Wild Card Games – And a Kids Telecast

The NFL’s various teams approved the expansion of the game’s post-season, a move that had previously been set in motion by the league’s recent bargaining agreement with its players.

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National Amusements Sets Amended Credit Agreement Without ViacomCBS Stock Sales

ViacomCBS parent National Amusements Inc. has set an amended credit agreement with its lenders that gives the company some breathing room in liquidity amid the broader coronavirus-induced economic crisis.

Coronavirus ViacomCBS

U.S. Markets Plunge, Trading Briefly Halted as Coronavirus Impact Rattles Investors

U.S. equity markets opened sharply lower on Monday, triggering a 15-minute halt to stock trading minutes after bell rang as investors absorb the latest information on the impact of coronavirus around the world.

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CBS Communications EVP Kelli Raftery to Depart

Kelli Raftery, a veteran CBS communications executive who has worked in many different roles over more than two decades at the company, is poised to leave, one of several executives departing in the wake of the company’s recent merger with Viacom.

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