Thursday, February 4, 2016
Sumner Redstone has resigned as head of CBS Corp. and Viacom. Les Moonves has replaced him at CBS, while Philippe Dauman succeeds him at Viacom. Jennifer Saba sees this as a tricky transition at Viacom. Jon Lafayette considers the possibility of a Viacom sale soon. Brian Lowry says the Viacom-CBS split in 2005 tarnished Redstone's legacy. Brian Stelter interviewed Moonves about his promotion.