1. Articles from Cynthia Littleton

    1-7 of 7
    1. Amazon CEO Andy Jassy Receives Massive Stock Award

      Amazon CEO Andy Jassy Receives Massive Stock Award

      Incoming Amazon CEO Andy Jassy has been given stock awards valued at well over $200 million based on the tech giant’s four-figure stock price at present. Jassy has been granted 61,000 shares of Amazon common stock as of July 5, when he takes over the helm from founder Jeff Bezos. The stock awards will vest over the next 10 years, the company disclosed Friday in a Securities and Exchange Commission filing. Amazon shares closed Friday at $3510.98...

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    2. Discovery's David Zaslav Poised to Take Reins of WarnerMedia

      Discovery's David Zaslav Poised to Take Reins of WarnerMedia

      Discovery CEO David Zaslav is, by his own definition, a “fighter.” He’s poised to record quite a knockout if he pulls off a merger with AT&T’s WarnerMedia unit in a pact that will leave him as the ultimate keeper of the keys to HBO, HBO Max, Warner Bros., Turner channels and a growing global suite of direct to consumer streaming businesses...

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    3. Disney Raises Another $11 Billion in Debt

      Disney Raises Another $11 Billion in Debt

      Disney has raised another $11 billion in debt to help the company power through the revenue crisis spurred by the global coronavirus pandemic. On the same day that Shanghai Disneyland reopened at a fraction of its typical capacity after a nearly four-month closure, Disney tapped the debt markets for a series of notes that come due between 2026 and 2060...

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    4. Tegna Confirms Two Acquisition Offers Withdrawn Amid Coronavirus Upheaval

      Tegna Confirms Two Acquisition Offers Withdrawn Amid Coronavirus Upheaval

      Tegna confirmed Sunday that two suitors for the station group have recently withdrawn acquisition offers, citing the upheaval in the broader marketplace caused by the coronavirus crisis. Tegna ’s statement is the company’s first acknowledgement that it has received four unsolicited acquisition offers in recent weeks...

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    5. CBS Shakeup: New Board Members Named

      CBS Shakeup: New Board Members Named

      CBS has made it official: Leslie Moonves is stepping down as chairman-CEO amid a cascade of sexual assault allegations and CBS and National Amusements Inc. have settled the legal battle that erupted in May over control of the company. CBS chief operating officer Joe Ianniello has been named interim CEO of the company. The shakeup at the top includes the addition of six new board members to the 14-member CBS board, which has been at odds with NAI...

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    6. CBS and Viacom Merger Discussions Set to Accelerate, but Valuation Remains a Big Hurdle

      CBS and Viacom Merger Discussions Set to Accelerate, but Valuation Remains a Big Hurdle

      Board members from CBS Corp. and Viacom are expected to meet as soon as next week to begin discussions on the valuations of both companies for a possible merger. Executives at both media companies have been hip-deep in crunching numbers and preparing financial data to guide the discussions between the members of the special committees assembled to consider options for a CBS - Viacom reunion...

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    7. Moonves Shoots Down Viacom Merger Rumors, Again, at CBS Annual Meeting

      Moonves Shoots Down Viacom Merger Rumors, Again, at CBS Annual Meeting

      One shareholder asked the Viacom question. Leslie Moonves talked up the pending launch of Showtime as a digital-only option. The four items on the agenda were passed by better than 97% margins, and the entirety of CBS’ 2015 annual shareholders meeting on Thursday morning was completed in just under 30 minutes. “No company in better position to benefit from a dynamic shifting marketplace than CBS,” Moonves said during his state-of-the-company presentation...

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    1-7 of 7
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    Moonves Shoots Down Viacom Merger Rumors, Again, at CBS Annual Meeting CBS and Viacom Merger Discussions Set to Accelerate, but Valuation Remains a Big Hurdle CBS Shakeup: New Board Members Named Tegna Confirms Two Acquisition Offers Withdrawn Amid Coronavirus Upheaval Disney Raises Another $11 Billion in Debt Discovery's David Zaslav Poised to Take Reins of WarnerMedia Amazon CEO Andy Jassy Receives Massive Stock Award How the ‘S’ in ESG Can and Should Help Low-Wage Workers, According to NYU’s Stern Report Velodyne Lidar Founder Plans to Nominate Directors Next Year - Letter Tilly’s, Inc. Announces the Appointment of Two New Board Members Berkshire Hathaway Names Warren Buffett’s Daughter and Money Manager Chris Davis to Its Board ESS Inc. Welcomes Alexi Wellman to Board of Directors