Last week, CNBC reported that merger talks were expected to "get serious" after CBS's board discussed the deal during a meeting last Friday. Viacom, the owner of Nickelodeon, has underperformed ...

Cannon has been associated with Viacom since he appeared on Nickelodeon in the late 1990s (Viacom bought CBS in 1999 and they split in 2006. The companies merged again at the end of 2019).

INSIDE VIACOM: What employees are saying about the blockbuster CBS merger and think will happen next Some Viacom staffers have been put at ease by Viacom CEO Bob Bakish's rise in power.

CBS and Viacom have agreed to tie the knot and are already plotting their next merger. The media outfits ... and Viacom targets kids with Nickelodeon, and teens through adults with myriad cable ...