William Cohan discusses the ongoing battle between Shari Redstone and CBS in light of CBS' lawsuit to limit the control Redstone and the Redstone family's National Amusements have over CBS. "[I]t's a civil war -- a company attacking its own majority shareholder to protect minority investors," Cohan writes. Meanwhile, CBS CEO Leslie Moonves would reportedly be open to another merger or sale opportunity if the price were right.
Sign up for NAB SmartBrief
Broadcast TV and radio industry news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.