Hollywood news banter

Shari Redstone vs. Les Moonves: the battle rages on. CBS made the extraordinary move of asking a court for a restraining order to stop Redstone from interfering with a board of directors meeting. The judge denied that request, but pointed out Redstone does have an obligation to CBS shareholders to not do anything that would financially endanger the company. The CBS board voted to dilute Redstone’s stock, but it was more of a symbolic gesture because Redstone made a last-minute rules change that required a unanimous vote to do so.