CBS

CBS and Viacom Merger: High Risk Tempered by Extremely Low Valuation

Introduction 14 years ago the Redstone family spun out Viacom (VIA) from CBS Corp (CBS).  However, the companies have decided to once again merge into what they hope will become a dominant entertainment company.  Given that the entertainment market is extremely competitive and quite risky, future visibility is very muddy in my humble opinion.  On …