Sources familiar with the pending merger of CBS and Viacom have said that majority owner Shari Redstone is eyeing a possible channel dedicated to conservative news, a move that could mean a ratings challenger for Fox News.
Insiders believe that Redstone is possibly planning to launch such a venture on the recently acquired “Pluto” channel, which Viacom purchased in March for $340 million. Redstone is also said to have attended several meetings about the potential for a conservative news network and has had talks with several prominent media figures that could potentially appear on the network.
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