Joe Ianniello hopes to take advantage of M&A shakeups and technological disruption in media as he launches his a media-focused SPAC with a number of fellow CBS Corp. veterans. On the latest epi…
hopes to take advantage of M&A shakeups and technological disruption in media as he launches his a media-focused SPAC with a number of fellow CBS Corp. veterans.,” the former chief operating officer and CEO of CBS sees his next move as partnering with former peers in Big Media to acquire and help manage assets that may no longer be top priority for a large conglomerate, but are still big businesses.
“What investors really want — they want focus when they’re investing in a company. They want to know how the management team is prioritizing, how they allocate capital,” Ianniello said. “That’s going to have investors pushing and saying, ‘Well, why are you in this business? Or why are you in that business?”
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