CBS and Viacom are reportedly exploring a massive media merger

The latest reports suggest Moonves has become more open to the idea and other industry consolidations have made a potential merger more appealing. Disney’s purchase of 21st Century Fox assets is said to have had an influence. And though both the AT&T/Time Warner and Sinclair/ Tribune Media Company deals have yet to be approved by the Federal Communications Commission, the prospect of those going through is sure to play a role in the renewed CBS and Viacom discussions. In November, the FCC relaxed its restrictions on media consolidations, paving the way for easier approvals going forward. Mallory Locklear, Engadget http://engt.co/2EctC78
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