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CBS, Viacom reach deal to reunite Sumner Redstone's media empire

Reuters Tuesday, 13 August 2019 ()
CBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redstone's U.S. entertainment empire after 13 years apart.
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News video: CBS and Viacom are getting back together again

CBS and Viacom are getting back together again 01:45

CBS and Viacom have reached a deal to reunite media mogul Sumner Redstone&apos;s U.S. entertainment empire, betting that a larger company will be able to compete and partner better in a media industry dominated by giants. Jane Lanhee Lee reports.

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