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Post-Sumner, ViacomCBS Charts Path Led by Shari Redstone

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hollywoodreporter.com

What's the path forward for ViacomCBS after media mogul Sumner Redstone's deathat 97? Most Wall Street observers expect no strategy changes given that the executive didn't have any involvement in major company decisions in recent years.

But some suggest there will be less soap opera-type focus on the Redstone family than in the past, which has at times distracted from the focus on the business. "I tend to think the drama stage of the Redstone family’s involvement is largely, if not entirely, in the past," Barrington Research analyst Jim Goss tells The Hollywood Reporter.

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