Thompson notes that the re-merger between Viacom and CBS should cut an estimated $500 million in annual overhead costs — and that combined, the companies have a hold on 22% share of primetime viewership.
"I think combined they'll have a lot more ability to get a good return on their content dollars," he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
ViacomCBS, interesting