Viacom ‘Energy’ Upswing Led to Scuttling of CBS Merger

Los Angeles Times: Shari Redstone has acknowledged the media landscape is increasingly challenged — but she believes she made the right call last year when she decided not to merge Viacom and CBS. Instead, she wanted to give Viacom CEO Bob Bakish a chance to turn around the struggling company. “What I saw very quickly was the energy that existed at Viacom.”