What if Paramount Global co-owned Columbia and TriStar?

Inspiration came from this idea and the Disney/Fox merger.

We all know that ViacomCBS has succeeded Viacom and CBS Corporation, and that Sony Pictures is... well, Sony Pictures. But what if its film divisions Columbia Pictures and TriStar were thrown onto ViacomCBS' table?

Film

 * Columbia Pictures
 * TriStar

Television

 * CPT Holdings, Inc.
 * TriStar Television

Changes

 * If ViacomCBS will be able to buy Columbia and TriStar, they'll be able to distribute their own films again like they did before in their heydays; way before Sony Pictures Releasing took over distribution in 1995.
 * If the company buys Columbia, it will have its own spun-off divisions:
 * Columbia Feature Animation will be founded and the majority of Sony Pictures Animation's films that were distributed by Columbia will be moved to the studio.
 * Columbia Television will be created for to have its own shows based on Columbia's franchises.
 * Columbia Home Entertainment will be created for handling films distributed by Columbia and TriStar.