Time Warner Inc. Chief Executive Officer Jeff Bewkes addressed the idea of eventual consolidation involving rival media companies CBS (CBS) Corp. and Viacom (VIAB) Inc., while steering clear of any specifics.
When asked about the future of Viacom and CBS and whether they could combine with Time Warner, Bewkes said “they may want to be a merger partner for somebody or maybe even for themselves.”
“Whether they want to be for us, I don’t know if they do or not,” he said Thursday at a conference in New York sponsored by New York Times DealBook. “I know something about it, but I don’t want to talk about it.”
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