Talks heating up on a possible CBS-Viacom merger: Charlie Gasparino
FBN's Charlie Gasparino says talks are heating up on a possible CBS-Viacom merger amid CBS's search for a new CEO.
London's Metropolitan police give an update on the London Bridge attack.
London's Metropolitan police said Friday that several people were stabbed and one man was shot by officers near the famed London Bridge in what they were treating as a terror-related incident. One man was detained by police. Police cautioned that the circumstances surrounding the incident "remain unclear." Officials provide an update on the shooting at the naval base in Pensacola, Fla. Even Old St. Nick could use a refresher course. These jolly performers are brushing up on their ho, ho, hos to ensure they spread maximum cheer this holiday season. They all attended the annual Santa School in London to prepare for a busy holiday season and learn how to respond to the questions of kids. Aside from re-learning the basics, like the names of all of the reindeer, the Santas also learn how to say Merry Christmas in multiple languages. InsideEdition.com's Mara Montalbano has more. Former NYPD Police Commissioner Bernard Kerik gives and update on the Jersey City shooting and how you can help the family of the fallen police officer.
BROADCAST GIANT. ITS CEO SEARCHERJ E MERGER MANIA. >> YEAH, REMEMBER THE MERGER WAS PROPOSED BY SHARI REDSTONE WAY BACK WHEN, IT WAS KILLED, LES MOONVES INVOLVED IN KILLING IT, THEN THEY HAD A YEAR TO FIGURE OUT WHAT TO DO NEXT, EITHER MERGE WITH VIACOM OR SOMEONE ELSE. HERE'S WHAT WE HEAR FROM INSIDE THE COMPANY. IT'S FASCINATING BECAUSE THIS IS GOING ON AS THEY ARE TRYING TO PICK A NEW CEO. HERE'S WHAT WE KNOW. WE SHOULD KEEP THE STOCK CHART BECAUSE THIS CAN MOVE THE STOCK. TALKS ARE HEATING UP ABOUT A POSSIBLE CBS/VIACOM MERGER. THESE MERGER TALKS ARE COMPLICATING THE NEW CEO SEARCH. THE CEO WOULD HAVE BEEN FOUND BY NOW, WOULD HAVE BEEN IANIELLO, MAYBE BOB BAKISH. THAT WOULD HAVE BEEN FOUND OUT BY NOW IF THEY DIDN'T HAVE MERGER DISCUSSIONS. LIZ: THERE IT GOES. >> THAT'S WHAT'S GOING ON RIGHT NOW. DISCUSSIONS ARE CLEARLY IMPACTING THE CEO SEARCH BECAUSE NOBODY KNOWS WHO THE NEW CEO IS. THIS IS HEATING UP. I'M HEARING FROM PEOPLE CLOSE TO THE BOARD THAT IF YOU WERE GOING TO SAY WHAT IS THE MOST LIKELY SCENARIO HERE, OKAY, IT IS THAT CBS NOW MERGES WITH VIACOM, THAT'S WHAT THEY'RE TALKING ABOUT INTERNALLY. I'M NOT SAYING IT'S DEFINITELY GOING TO HAPPEN. JUST TO BE CLEAR HERE, IT DOESN'T HAVE TO HAPPEN. THIS IS A VERY FLUID SITUATION. BUT THEY ARE CLEARLY FOCUSED ON THAT NOW, AND THAT'S WHY YOU HAVEN'T SEEN THE NEW CEO. THE MOST LIKELY OUTCOME, IF THAT DOES HAPPEN, AND AGAIN, IT'S AN IF, IS THAT WHAT I UNDERSTAND IS THAT BOB BAKISH, HEAD OF VIACOM, HAS THE INSIDE TRACK ON THE CEO JOB. THAT'S WHAI THAT'S WHAT I'M HEARING FROM PEOPLE CLOSE TO CBS, CLOSE TO VIACOM, AND THESE ARE ONGOING DISCUSSIONS. LIZ: VIACOM IS UP 1.5%. >> WE SHOULD POINT OUT THE OTHER CEO CANDIDATES, OBVIOUSLY THE INTERIM IS STILL IN THE MIX. GUY NAMED TOM SKAGGS IS IN THE MIX, FORMER CFO AT DISNEY. IF THIS DEAL DOES HAPPEN WITH VIACOM AND CBS, FROM WHAT I HEAR, IT'S BAKISH'S TO LOSE. ONE REASON IS THE RELATIONSHIP WITH SHARI REDSTONE. REMEMBER, CBS AND VIACOM ARE OWNED BY NATIONAL AMUSEMENTS, THAT'S THE REDSTONE -- LIZ: CBS WAS SPUN OFF. >> THAT WAS THE REDSTONE HOLDING COMPANY. THEY ARE CONTROLLING SHAREHOLDERS. APPARENTLY BAKISH HAD THE BETTER RELATIONSHIP WITH SHARI THAN JOE. I THINK IT COMES DOWN TO THAT. LIZ: HERE ARE THE CORPORATION BRANDS. THEY ARE VERY SEPARATE. CBS HAS TV GUIDE AND "60 MINUTES," CBS NEWS, COLBERT, SPORTS. THEN FLIP IT OVER TO VIACOM, THEY HAVE EVERYTHING FROM MTV TO B.E.T., PARAMOUNT, COUNTRY MUSIC, NICKELODEON. >> HERE'S THE OTHER THEORY GOING ON HERE. THIS IS WHY THE CEO SEARCH HAS HIT A SNAG. THEY MAY NAME THE GUY TOMORROW FOR ALL I KNOW BUT -- LIZ: JUST TO SPITE YOU. >> I KNOW IT HAS BEEN -- LIZ: IT HAS HAPPENED BEFORE. >> IT HAS BEEN DELAYED BECAUSE OF THESE MERGERS, BECAUSE OF THE DISCUSSIONS ABOUT MERGING THE TWO. HERE'S A POSSIBILITY PEOPLE ARE TELLING ME. YOU MERGE THEM, CBS, VIACOM, BIGGER COMPANY, YOU SELL THAT BIGGER COMPANY. THAT'S WHERE IT MAKES SENSE. IT DOESN'T MAKE SENSE TO SELL CBS SEPARATELY OR VIACOM SEPARATELY. CLEARLY THE WEAKER OF THE TWO MEDIA PROPERTIES. IT DOES MAKE SENSE TO PUT THEM TOGETHER, CREATE SYNERGIES, THEN SPIN IT OFF. THAT'S WHERE -- AND IF YOU THINK ABOUT IT, WHO WOULD BE THE LIKELY BUYERS? WE'RE NOT A BUYER ANYMORE, FOX. WE HAVE SPUN OFF ASSETS. WE ARE A $29 BILLION COMPANY. LIZ: MAYBE DO CBS AS A STAND-ALONE. >> IT'S A CHUNK OF CHANGE. THEY WOULD BUY, I DON'T KNOW WHAT THEIR MARKET CAP IS, BUT THEY MAY BUY US. LIZ: WE COULD POOL OUR MONEY. >> BUT WHO ARE WE BUYING? THINK OF THE DEEP POCKETS THAT HAVE TO BE IN HERE. IT'S TECH, AMAZON, I DON'T KNOW, YOU KNOW, OR MAYBE A MERGER WITH SOMEBODY ELSE. BUT CLEARLY, THE TALKS RIGHT NOW INSIDE CBS, I GUESS THE HEADLINE, THE MAIN TALKS, IS THE DEAL WITH VIACOM. THAT DOESN'T MEAN IT WILL HAPPEN. THEY ARE TALKING AND THAT'S DELAYING THE CEO SELECTION. LIZ: CHARLIE GASPARINO, THANK YOU VERY MUCH. >> I RAN TO THE NEWSROOM WITH THIS. LIZ: YOU'RE IN GOOD SHAPE. >> GOOD THING IT'S COLD IN HERE.