Viacom Near Deal to Acquire Youth-Media Firm AwesomenessTV

Bloomberg: Viacom is said to be in talks to acquire youth-media company AwesomenessTV from Comcast, Verizon and Hearst. The talks could conclude in just a couple weeks. Viacom will pay less than half the $650 million valuation AwesomenessTV received back in 2016, a sign of the sagging market for online media companies.