Feb 1, 2018

CBS reunion with Viacom gets another step closer

Dan Primack, author of Pro Rata

Shari Redstone. Photo by Jesse Grant/Getty Images.

CBS Corp.'s board today is expected to discuss a merger with Viacom, setting the stage for a possible reunion between two companies that were split apart in 2005 by Sumner Redstone.

Why it matters: Even though we've heard this siren song before, there are two big differences this time around: A pressure-inducing trend of mega-media mergers, including AT&T/Time Warner and Disney/Fox, and declining share prices for both CBS and Viacom.

Bottom line from Variety:

"Tired of flirtations that went nowhere in late 2016, National Amusements president Shari Redstone seems ready to officiate a shotgun wedding. With controlling stakes in both companies, she’s nudging CBS CEO Leslie Moonves and Viacom CEO Bob Bakish to the altar whether they like it or not."

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Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

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America's unfinished business

Illustration: Sarah Grillo/Axios

The fury over George Floyd's killing is erupting as the U.S. faces a looming wave of business bankruptcies, likely home evictions and a virus pandemic that will all disproportionately hit African Americans.

Why it matters: What these seemingly disparate issues share in common is that they emanate from systemic abuses that calls to action and promised reforms have yet to meaningfully address.

Deaths without consequences

Community organizations and activists demand police accountability at a rally in Grand Central Terminal to commemorate the 5-year anniversary of Mike Brown's death by Ferguson Police Officer Darren Wilson. Photo: Erik McGregor/Getty Images

Seven years after the launch of the Black Lives Matter movement, it's still rare for police officers to be charged in the deaths of African Americans — and even more rare for an officer to go to jail.

The big picture: The Minneapolis police officer who was captured on video kneeling on George Floyd's neck has been charged with third-degree murder and manslaughter — which is already a step beyond the consequences other police officers have faced. But it's no guarantee that he will face jail time.