graphic
News > Deals
Biggest media mergers
September 7, 1999: 11:46 a.m. ET

Viacom-CBS deal tops list, with value nearly double that of Disney-ABC's
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - Here is a list of the largest media company mergers to date, according to data from merger-tracking firm Securities Data Corp. as well as corporate reports.

Viacom buys CBS
Price: $34.9 billion
Date announced: Sept. 7, 1999
Date effective: not in effect yet

Walt Disney acquires Capital Cities/ABC
Price: $18.28 billion.
Date announced: July 31, 1995
Date effective: Feb. 9, 1996

Time Inc. purchases Warner Communications
Price: $15.11 billion
Date announced: March 4, 1989
Date effective: Jan. 10, 1990

Viacom acquires Paramount Communications
Price: $9.47 billion
Date announced: Sept. 9, 1993
Date effective: July 7, 1994

Time Warner purchases Turner Broadcasting
Price: $9.1 billion
Date announced: Aug. 29, 1995
Date effective: Oct. 10, 1996

Viacom acquires Blockbuster Entertainment
Price: $8.49 billion
Date announced: Jan. 7, 1994
Date effective: Sept. 29, 1994

Matsushita Electric Industrial buys MCA
Price: $7.66 billion
Date announced: Sept. 24, 1990
Date effective: Jan. 3, 1991

Clear Channel Communications acquires Jacor Communications
Price: $6.35 billion
Date announced: Oct. 7, 1998
Date effective: May 4, 1999

NOTE: The list excludes spin-offs and cable mergers.
Back to top

  RELATED STORIES

Viacom tunes in to CBS - Sept. 7, 1999





graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.