According to reports CBS and Viacom have agreed to a leadership deal to make Viacom’s CEO the new leader of a combined company. CBS’s current CFO will take over as CFO for the new company. Now, this is far from a done deal as regulatory approval is still needed before the merger can be completed.
A combined CBS and Viacom is a massive streaming giant. With a combined streaming lineup of CBS All Access, Showtime, Pluto TV, BET+, and more on the way. Add in the fact that CBS and Viacom own some of the most popular channels on TV and the combined company will have a huge say about the future of cord cutting.
This is breaking news more coming soon. Check back often for more updates as we learn more.
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