Consolidation is essentially achieved across the industry. Now the mergers have to work
The long-expected ViacomCBS merger on Tuesday caps a wave of mergers in the entertainment industry that begs the question: Are we done yet?
In the last two years alone, Disney swallowed Fox. AT&T ingested Time Warner. Discovery ate Scripps Network. Comcast, which already owns NBCUniversal, inhaled Sky. And now Viacom has melded with CBS.