Back to TVNewsCheck Home

Viacom Buys Argentine TV Net For $345M

Los Angeles Times | by TVNewsCheck

On his first day as Viacom’s new acting chief executive, Robert Bakish wrote a $345 million check to buy Television Federal, a Spanish-language television company in Argentina. It was an interesting move, in part, because investors have been more interested lately in whether Viacom will take steps to reunite with its former corporate sibling, CBS.