Redstone wants the two companies to combine, and this is the second time in two years that she has tried to make a merger happen. Her family controls CBS and Viacom through their investment vehicle National Amusements Inc., and she says the two companies would be stronger together as traditional media companies gird for battle with such technology companies as Facebook, Google, Netflix and Amazon.com.

Source: Los Angeles Times May 04, 2018 22:41 UTC