U.S. Markets closed

Why Verizon May Need to Buy CBS and Viacom

Why Verizon May Need to Buy CBS and Viacom

Verizon Communications Inc. (VZ) may be weighing a purchase of Walt Disney Co. (DIS) to bolster its content ownership, several news stories recently speculated. There is something else Viacom and CBS have in common: National Amusements Inc., which owns nearly 80 percent of both Viacom and CBS.