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Insider buying: Two media moguls are betting on their own company

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ViacomCBS upped its domestic pay streaming subscriber guidance to 18 million by year-end, which CEO Robert Bakish said “supports our conviction in the growth potential of our streaming offering, and we’re just getting started.”

Brendan McDermid | Reuters

Two major power players at ViacomCBS purchased significant chunks of stock over the past week, according to securities flings.

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