New York Times
With Memo, Devin Nunes, Once a Scourge of the Hard Right, Becomes Its Hero (New York Times)
Submitted by benton on Fri, 02/02/2018 - 06:38About 25% of Trump’s Re-election Spending Continues to Go to Lawyers (New York Times)
Submitted by benton on Fri, 02/02/2018 - 06:37
CBS and Viacom, After 12 Years Apart, Again Explore Deal to Recombine
The boards of CBS and Viacom have formed special committees to evaluate a potential merger, a deal that would reunite the two big pieces of the Redstone family’s media empire. Shari Redstone, vice chairman of both companies, is pushing for a merger. She, along with her 94 year-old father, Sumner Redstone, controls CBS and Viacom, with a roughly 80% controlling stake in each company through their holding company National Amusements. Shari Redstone believes both companies need greater scale to better compete against bigger rivals.