CBS and Viacom agree to sign $30 billion merger deal

CBS and Viacom have reached a long-rumored merger agreement. The two companies announced today that they will reunite as ViacomCBS. According to The Wall Street Journal, CBS and Viacom hope that, together, they'll be better positioned to fight agains...

MTV is bringing ‘Punk’d’ back in 10-minute clips

According to TVLine, MTV Studios is working on "reinvented" versions of the celebrity prank show Punk'd and the dating game show Singled Out. If you can't stand the thought of watching those classics, you might be happy to know each episode will be l...

Facebook and MTV are revamping ‘The Real World’

Facebook's big push into original video content is only getting stronger. Less than two months after the worldwide launch of its Watch streaming service, which is also trying to lure in independent creators, the company is making some major show anno...

Viacom launches studio dedicated to shows for YouTube and Facebook

Viacom has come a long, long way from the days when online video was seemingly its mortal enemy. The media giant has formally launched Digital Studios, a wing dedicated to (you guessed it) original internet shows. The initial programs in the works ar...

Viacom says its streaming service will launch this year

Yesterday, Viacom CFO Wade Davis said during an earnings call that the company is planning to launch its own streaming service this year, TechCrunch reports. Davis said that while withholding much of its content from other streaming services has redu...

Chinese firm nabs social video app Musical.ly for as much as $1 billion

The popular teen lip-syncing app Musical.ly has been purchased by Chinese firm Bytedance -- the company behind China's major news aggregating service Jinri Toutiao. The details of the deal haven't been disclosed but sources told the Wall Street Journ...