Viacom, CBS, Discovery Ripe for Takeover in 2016

TheStreet: Maybe 2016 will finally be the year of the media merger. Traditional media companies that own TV and film properties watched helplessly for much of the past 12 months as their stock valuations sank. Though media distribution companies executed industry changing deals in 2015, content companies were quiet. But with valuations of some content companies at near historic lows, mergers and acquisitions could become commonplace.