CBSViacom has started gathering information locally about whether an expanded streaming service could work in Australia.

Late last week it was revealed the company, which owns Network Ten, was looking to combine CBS All Access with other Viacom assets, which include Pluto TV, Nickelodeon, MTV, Comedy Central and Paramount to form a mega-sized streaming service in the US.

Already the benefits of CBS's Ten ownership has led to top shows like The Good Wife playing on Ten. A CBSViacom tie-up would see the number of new shows available to Australian audiences boom.

The merged service would compete against the likes of Disney+, Apple TV and AT&T’s HBO Max, and would have two versions – ad free and premium. International reports suggest the company intends to unveil the plans on February 20, when it releases its first earnings since the merger.

Sources close to the business have said the company is in the early stages of assessing the Australian market and have begun information gathering to assess whether it would work effectively.