CBS’s Moonves Faces Tough Task in Turnaround of Viacom

Los Angeles Times: Les Moonves has emerged as the choice of controlling shareholders Shari and Sumner Redstone to lead a reunified CBS and Viacom — should the companies agree to merge. But can the CBS CEO fix what ails Viacom? “Les and his team can do it, but it will be a daunting task.”