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How Wall Street Views on ViacomCBS Have Evolved

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hollywoodreporter.com

When Viacom and CBS Corp. closed their recombination in December, many Wall Street analysts said that the new ViacomCBS would have to prove the financial and strategic benefits of the latest entertainment industry mega-deal.

In February, when the merged company, led by CEO Bob Bakish, unveiled its first quarterly earnings report, the stock tanked on weaker-than-expected results and doubts about the company's streaming strategy.

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