Joe Ianniello

Former CBS chief Joe Ianniello launches media-focused SPAC

Joe Ianniello, who ran CBS after longtime boss Les Moonves resigned in 2018 amid sexual assault allegations, is jumping into the SPAC market. Ianniello, who left CBS not long after it...

Former CBS stockholders can sue Shari Redstone over ViacomCBS merger

CBS shareholders can pursue a lawsuit over the 2019 merger of Viacom and CBS, a Delaware judge ruled late Thursday. Shari Redstone, the daughter of late media mogul Sumner Redstone,...

CBS seeks Cheeks to lead after CEO Joe Ianniello steps down

CBS said Chairman and Chief Executive Joe Ianniello will be replaced by NBCUniversal executive George Cheeks following CBS’s mega­merger with Viacom. The C-suite shuffle will place Cheeks, most recently vice...

Shari Redstone vows fresh era at ViacomCBS despite CEO pay

Shari Redstone, the billionaire media heiress whose family owns CBS and Viacom, thinks the media industry has a poor “track record” when it comes to paying its executives. “I believe...

CBS executive to receive $100 million package

Joe Ianniello’s sweet deal just keeps getting sweeter. Acting CBS Chief Executive Ianniello, who will become chairman and CEO of CBS once Viacom merges with CBS, will bank a hefty...