Viacom filed its prospectus with the SEC Wed for splitting the company into 2-one company that would be led by Tom Freston and feature the MTV Nets and another that would be headed by Les Moonves and include CBS. Viacom shareholders will get half a share of the new Viacom and CBS Corp for each share they currently have. The filing didn’t include a specific date for when the breakup is expected to be complete. Viacom shares will trade under the symbols VIA and VIA.B after the split. CBS will trade as CBS.A and CBS.

The Daily

Subscribe
Friday–December 19

People

David Leavy , who moved back to parent company Warner Bros. Discovery in May after a two-year tenure as CNN COO, is leaving WBD at the end of 2025. Leavy first joined a pre-merger Discovery in 2000 and was a

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Jobs

Seeking an INDUSTRY JOB or hiring for one?
VIEW JOBS

In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors. The result will be an even more robust industry job board, to help both employers and job seekers.

Contact us at marketing@cynopsis.com, for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.