CBS Controlling Shareholder Tightens Control Amid Feud

05:34

May 17, 2018

In this March 29, 2017, file photo, Shari Redstone attends the premiere of "Ghost in the Shell" at AMC Loews Lincoln Square in New York. CBS is suing its controlling shareholder as part of its long-running attempt to avoid a combination with Viacom. (Evan Agostini/Invision/AP)

The CBS board of directors meets Thursday, after its controlling shareholder changed board rules to maintain power. CBS has sued the shareholder, Shari Redstone, over her attempts to merge CBS with media giant Viacom. A judge on Thursday ruled in favor of Redstone, allowing her to appear at the board meeting.

Both sides aren't backing down, and the future of the venerable company remains uncertain. NPR media correspondent David Folkenflik (@davidfolkenflik) explains what's at stake with Here & Now's Robin Young.

This segment aired on May 17, 2018.

CBS Controlling Shareholder Tightens Control Amid Feud

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