Viacom and CBS Shake Up Executive Ranks Ahead of Combination

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Viacom and CBS Shake Up Executive Ranks Ahead of Combination
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Viacom and CBS are realigning the leadership of their creative operations in advance of the expected closing of their merger

By Joe Flint Nov. 10, 2019 5:07 pm ET Viacom Inc. VIA 0.16% and CBS Corp. CBS.A -0.35% are realigning the leadership of their creative operations in advance of the expected closing of their merger in early December, people familiar with the matter said.

Chris McCarthy, who oversees Viacom’s MTV, VH1, CMT and Logo cable channels, will become president of entertainment and youth brands and add Comedy Central, TV Land and Paramount Network to his portfolio as well as CBS’s Smithsonian Channel. He will continue to report to Bob Bakish, the chief executive of Viacom who will retain that title at ViacomCBS Inc., which will be the name of the merged entity.

Successful shows developed under Mr. Alterman at Comedy Central include “Key & Peele,” “Broad City” and “Inside Amy Schumer.”

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