ViacomCBS Inc. announced it has entered into a definitive agreement to sell CBS Studio Center and its associated operating business to a partnership formed by Hackman Capital Partners, LLC and Square Mile Capital Management, LLC for approximately $1.85 billion. The transaction is the result of a widely marketed sale process, which attracted interest from a number…
ViacomCBS, Inc. announced that Raffaele Annecchino has been appointed President and CEO of ViacomCBS Networks International (VCNI), effective immediately. He succeeds David Lynn, who is stepping down and will depart the company following a transition period. He will report to Bob Bakish, President and CEO, ViacomCBS. In his new role, Annecchino will oversee all of…