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CBS CEO will keep the top job but still get $100 million in severance

Joe Ianniello will stay on at ViacomCBS after the merger but in an unusual arrangement, will still get a hefty payout.
WeWork cofounder Adam Neumann is reportedly receiving a $1.7 billion golden parachute after leaving his post as chairman.

Adam Neumann is reportedly getting a $1.7 billion ‘golden parachute’ — here are 6 more ousted execs who received millions

"Getting the genie back into the bottle would be very difficult at this point," the USC business professor Peer Fiss said of golden parachutes.
"South Park" season 23, episode 2, "Band in China"

Apple reportedly won’t bid for ‘South Park’ streaming rights because of China’s ban on the show

Sources familiar with the bid told Bloomberg that Apple probably doesn't want 'South Park' streaming rights because the show is banned in China.
Redstone.

Viacom’s Pluto TV has launched a new conservative channel, but Shari Redstone says she’s not planning a Fox News TV rival

Shari Redstone has explored options for a conservative-leaning news network, according to The Hollywood Reporter. Her representative denies it.

Meet the dramatic mogul-families that ‘Succession’ draws from, including the Trumps, Murdochs, and Redstones

The billionaire family's power battles in "Succession" have drawn hypotheses about the show's inspiration, based on several real-life parallels.

Nanigans hangs a for-sale sign, Viacom joins CBS, Facebook preps its news tab

Nanigans, an early Facebook marketing partner, is seeking a buyer for part of its business, an apparent casualty of Facebook's pivot to privacy.
FILE PHOTO: Neumann, CEO of WeWork, speaks to guests during the TechCrunch Disrupt event in Manhattan, in New York City

WeWeek, how Google Cloud pays its salespeople, and Ancestry DNA’s ambitions

The business stories you need to read this week, covering the latest on big deals of the past few days, Google Cloud, and Ancestry DNA.
"Star Trek: Discovery"

What the CBS-Viacom merger means for employees, the future of TV, and the next round of deal-making

CBS and Viacom agreed this week to merge, and the deal could have major implications for employees, and other media companies on the market.
Shari Redstone.

CBS and Viacom have agreed to become ViacomCBS, as part of a deal to reunite the media companies after 13 years

CBS and Viacom to merge in an all-stock deal that would create a media company with about $28 million in revenue, the companies announced on Tuesday.
"The Big Bang Theory"

UBS reveals the combined company that could challenge Disney and Netflix in the ‘content arms race’

If CBS and Viacom successfully merged, the new company would have an annual content production budget of about $13 billion, according to UBS.