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Discovery, Viacom have held talks about combining with Scripps (access required)

A combination of  Scripps Networks Interactive Inc. with either Discovery Communications Inc. or Viacom Inc. could help the media companies cut costs, gain negotiating leverage with distributors and expand internationally as the U.S. TV business faces new pressures. But any such partnership won’t solve the fundamental challenges facing them in a fast-changing industry where the best-positioned ...