Viacom Reports Huge Losses. Possible Merger/Buyout.

Pretty much business news, but the short version is this: Viacom (Nickelodeon's Parent Company) is losing money, and a LOT. And it's almost (ALMOST) to a point that it can be bought with the right money, or at least merge with other entities (AMC, Amazon, and China's Alibaba come to mind).

And yes, they're aggressive campaign against Youtubers actually made them lose more money than they could ever gain through lawsuits.

Still, those representing Viacom will tell you they are going strong and beating the competition and showing the usual reason why that's the case - Spongebob.