Leslie Moonves Allegations Could Clear Path for Shari Redstone’s Next Moves

Shari Redstone was under a ton of pressure when she arrived in Sun Valley, Idaho, earlier this month for the annual Allen & Co. conference of media moguls and tech titans. But she didn’t show it.

Redstone, the controlling shareholder of CBS and Viacom, was upbeat and cheery throughout the week of the high-powered gathering in the mountain resort. At one point she joked with the ever-present photographers and did a spontaneous happy dance to demonstrate her enthusiasm for the enlightening speakers and programming at the conference.

At the same time, Redstone politely but firmly refused to talk to reporters about the turmoil in her professional life, particularly the pending lawsuit from CBS that aims to dilute her voting power in the company.

Now that the Leslie Moonves sexual misconduct scandal could change the dynamic at CBS, Redstone’s next moves will be closely watched in many quarters. Her efforts to exert influence at CBS have been met with skepticism, anger and even derision in the past. But with Moonves severely weakened, the path could clear for Redstone to assert herself even more.

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