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Stock impact report

Judge Hits Pause on War Between CBS and Its Parent Company [The New York Times]

TIME WARNER INC (TWX) 
Last time warner inc earnings: 4/26 08:00 am Check Earnings Report
US:NYSE Investor Relations: ir.timewarner.com
Image Shari Redstone, the president of National Amusements, the corporate parent of CBS, hopes to merge the network with its corporate sibling, Viacom. Credit Ryan Stone for The New York Times May 16, 2018 When he took the stage at Carnegie Hall during CBS’s annual presentation to advertisers on Wednesday, Stephen Colbert did not shy away from the topic on the minds of everyone in the audience. “Of course, this year, CBS has the most exciting legal dramas,” he said. “Also — some great TV shows.” Not long before the host of CBS’s “The Late Show With Stephen Colbert” appeared onstage, a court chancellor in Delaware offered a ruling on the legal battle between the network and its corporate parent, National Amusements, one that has ensnared the longtime CBS chief executive, Leslie Moonves, and his boss, Shari Redstone, the daughter of the ailing, 94-year-old entertainment mogul Sumner M. Redstone. But if executives at CBS and National Amusements believed they would come Show less Read more
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