No one would be surprised to see Sumner Redstone, the 86-year-old head of Viacom (NYSE:VIA), and Jeff Bewkes, CEO of Time Warner (NYSE:TWX), wearing disguises to their private meetings in coffee shops around Manhattan. The “merger” of GE’s (NYSE:GE) NBCU with the content assets of Comcast (NASDAQ:CMCSA) is likely to have investment bankers looking at the logical combinations of other big media companies.
Time Warner and Viacom are particularly well matched. Each has a movie studio, and the flagship businesses of both companies are extremely successful cable channels. Read More
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