After a summer of negotiations, CBS Corp. and Viacom on Tuesday announced an all-stock merger of the two companies, creating a media behemoth that will boast $28 billion in revenue and 4.3 billion cumulative TV subscribers around the globe. The combined company, named ViacomCBS, isn’t as big as some of its competitors. But despite ViacomCBS’s smaller size, the new company has an advantage: its considerable portfolio of streaming assets.
When CBS and Viacom’s various streaming offerings come under one giant umbrella, the company will have about a half-dozen existing subscription and ad-supported services, some of which have been around for years and already boast millions of subscribers. They range from subscription video on demand (SVOD) platforms to free ad-supported video on demand (AVOD), along with livestreaming options that feature television…