Some big company like Comcast or Amazon will scoop up Viacom CBS for pennies, I would say they are worth about 10 cents total these days. So glad I left that company and the future is so bright www.tvc2050.com
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Every penny counts. Don’t be naive.
its been reported on a lot in recent past, but since the ATT/time warner/discovery and amazon buying MGM situations, the analysts shifting focus to viacomcbs and comcast. what I have read and watched a bunch of articles, interviews on subject. saw a real interesting analyst piece on cnbc in regards to this.
they have been saying comcast and viacomcbs had eyes on discovery, but obviously bet to the punch. comcast acquiring viacomcbs has major legal issues on news divisions front. They were leaning heavy on the idea of Amazon or apple making a move on viacomcbs or comcast/universal. Most likely though, they were saying Viacomcbs being acquired by apple or amazon most likely, although Comcast is not completely out of picture. one thing for sure, viacomcbs is ripe for the picking as they say.
ViacomCBS saving billions in Tax Fraud scheme - so why layoffs which only save $500 million...