ViacomCBS Buys Minority Stake in Miramax from Qatar-Linked beIN Media Group

Posted on 12/24/2019


ViacomCBS Inc. was created from the merger of CBS Corporation and the second incarnation of Viacom on December 4, 2019. ViacomCBS signed a deal to buy a 49% stake in Los Angeles-based Miramax for US$ 375 million from Doha-based beIN Media Group, LLC. In regard to deal terms, around US$ 150 million will be paid […]