WHY THIS MATTERS:CBS plans to make an all-stock offer for Viacom that would value Viacom at less than its current market capitalization, according to a report from Reuters.
WHY THIS MATTERS:ESPN+ will be integrated into a new ESPN App and will offer live sports from Major League Baseball, the National Hockey League, Major League Soccer, the NCAA, Top Rank Boxing, the PGA Tour and Grand Slam Tennis.
WHY THIS MATTERS:The company offered U.K. regulators two remedies to appease their objections: Sell Sky News to Disney or set it up as a distinct company within Sky Group, with its own independent board.
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