Viacom Faces Challenges as CBS Moves On from Merger Talk

Barron’s: Viacom shares have been buoyed by takeover hopes for much of 2016. But with the merger dream fading, Barron’s says it’s time to give up on the struggling media firm, which runs ratings-challenged channels like Nickelodeon, Comedy Central and MTV. “The challenges facing Viacom are daunting.”