Viacom on the Offensive Despite Losing Bid for Scripps

CNBC: When Bob Bakish was named acting CEO of Viacom last October, most media reporters and sell-side analysts saw him as a caretaker. They thought it was a signal that Viacom’s owner, Shari Redstone through National Amusements’ controlling stake, was gearing up to merge the company into CBS and let Les Moonves run it.