Screengrab on merger watch: CBS & Viacom

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CBS and Viacom, together again? Both media companies are a part of the Redstone empire, and while they were split apart in 2006, a re-merger is on the horizon. CBS includes of course the broadcast network, as well as Showtime and other channels including Pop TV. Viacom includes Paramount Pictures, on the film side, and TV properties like MTV, Comedy Central and Nickelodeon.

For years, former CBS CEO Leslie Moonves fought off merger talks--he saw CBS as much stronger on its own. But with Moonves pushed out of the picture last year following sexual assault allegations, the path was clear for Shari Redstone to combine the two companies and try and bring them up to scale to compete against other media powerhouses like WarnerMedia and Netflix. For viewers, this could mean a more robust offering on its streaming service, CBS All Access.