Viacom Weighs Next Move on Debt Position

The video discusses Viacom's financial challenges, including $12 billion in debt and the need for investment in its underperforming cable networks and movie studio. The company's credit rating is at risk of being downgraded, which could impact its borrowing costs. The new board, influenced by the Redstone family, faces decisions on whether to sell a stake in Paramount or consider a merger with CBS. The board's strategy will be crucial in determining Viacom's future direction.

What changes were made to the Viacom bylaws concerning board approvals?

What potential merger has been discussed in relation to Viacom?