When Sumner M. Redstone's Viacom Inc. bought the CBS television network in 2000, adding its television stations and Infinity Broadcasting radio stations to his movie studio, theme parks and
Blockbuster video stores, he said the new company would be a "formidable media giant." For a time, it was. But now, five years later, bigger may no longer be better, both for Viacom and several of its
behemoth media and entertainment peers.
Read the whole story at Washington Post, March 22, 2005 »
