The high-stakes showdown in court comes after four months of behind-the-scenes tensions between Moonves, other board members and Shari Redstone. She wants to merge CBS with another media company the family controls, Viacom, which owns MTV, Comedy Central, BET, Nickelodeon and the struggling Paramount Pictures. CBS does not want to be saddled with the troubles of the weaker Viacom, and on Sunday a special committee of the CBS board determined that such a merger was not in the company's best interest.
Source: Los Angeles Times May 16, 2018 14:29 UTC