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Comcast CEO Brian Roberts and ViacomCBS Chairman Shari Redstone met to discuss streaming partnership


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During the meeting, which was held around the end of June in New York, and which also included ViacomCBS CEO Robert Bakish, the executives discussed a variety of possible business partnerships that would allow the companies to enter non-U.S. markets together, the people said.
The partnership talks come as both Comcast and ViacomCBS are preparing to expand their streaming services in international markets.
In May, ViacomCBS said its Paramount+ service would be available in 45 markets by 2022. In April, Roberts said that Comcast was looking to strike partnerships with local programmers and distributors in overseas markets to boost Peacock, the service launched by its NBCUniversal division. Comcast’s Sky PLC unit in Europe also has a streaming operation.  ....

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Inside the Courts - June 2021 | Skadden, Arps, Slate, Meagher & Flom LLP


Court of Chancery Orders Production of Emails, Denies Production of Privileged Communications in Books and Records Action
Emps.’ Ret. Sys. of R.I. v. Facebook, Inc.,
C.A. No. 2020-0085-JRS (Del. Ch. Feb. 10, 2021)
In a post-trial opinion, Vice Chancellor Joseph R. Slights III granted a stockholder’s request to inspect directors’ nonprivileged electronic communications, including emails, concerning settlement negotiations for the purpose of investigating whether Facebook overpaid in the settlement to protect its CEO, Mark Zuckerberg, from substantial personal liability.
In July 2019, in connection with a data breach, Facebook agreed to pay $5 billion to the Federal Trade Commission (FTC) in exchange for the release of claims against the company and Mr. Zuckerberg personally. Facebook stockholder Employees’ Retirement System of Rhode Island (ERSRI) sought books and records to investigate whether Facebook spent corporate assets to protect Mr. Zuckerberg. Faceb ....

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CBS News Chiefs Outline Plans for National-Local Hybrid


CBS News Chiefs Outline Plans for National-Local Hybrid
Brian Steinberg, provided by
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Walter Cronkite held forth from New York and Washington for CBS News. His heirs at a new ViacomCBS unit will do the same, while also monitoring Sacramento, Minneapolis and Dallas.
The two executives named to head a newly fashioned division that combines the CBS local stations with CBS News and the team that manages the CBSN live-streaming news service offered their early vision for how the operation will function. Both Wendy McMahon and Neeraj Khemlani suggested in their first outreach to staffers that the company’s ultimate product will combine the national and overseas heft of CBS News with feet on the ground in various cities where CBS operates. ....

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