ViacomCBS just announced new plans to do… something in streaming video. CNBC’s Alex Sherman explains how the newly merged TV company sees itself competing with Netflix, Apple and everyone else, and how that might actually work. Also: Who wants to spend billions and billions of dollars to buy NFL rights? The answer might surprise you.

Featuring: Alex Sherman (@sherman4949), CNBC Media & Tech reporterHost: Peter Kafka (@pkafka), Senior Editor at RecodeMore to explore: Subscribe for free to Recode Media, Peter Kafka, one of the media industry's most acclaimed reporters, talks to business titans, journalists, comedians, and more to get their take on today's media landscape.About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us.Learn more about your ad choices. Visit podcastchoices.com/adchoices