CBS and Viacom Merge to Become ViacomCBS

ViacomCBS is the name of a merged corporation between CBS and Viacom. It will create a joint media library including over 140,000 TV episodes and 3,600 movies.

In their announcement, the companies note that the merger creates a joint content library that includes more than 140,000 TV episodes and 3,600 films, and “reunites fan-favorite franchises such as Star Trek and Mission: Impossible” (which were previously split between Paramount on the film side and CBS on the TV side). They also say that this will allow them to “accelerate” their direct-to-consumer strategy, which includes offerings like CBS All Access, Showtime and Pluto TV. The deal is expected to close by the end of 2019.

DOJ Approves T-Mobile, Sprint Merger

The U.S. Department of Justice has approved the T-Mobile-Sprint merger, but a lawsuit from 13 state attorneys is currently pending.

The merger can’t be finalized however until a lawsuit from 13 state attorneys general and the District of Columbia is concluded. A trial date is set for Oct. 7, though that date could be pushed as late as Dec. 9.

It’s also possible that the case could be settled out of court, since it revolves around a lack of competition in the national wireless space. With Dish being propped up as a replacement for Sprint, there may not be reason to continue.