What's Behind the Storm Brewing at Viacom?

The transcript discusses the sudden removal of Diamond and Abraham from the board, triggered by a letter from Sumner Redstone's lawyer. It explores the legal challenges regarding Redstone's mental competency and the influence of his daughter, Shari Redstone, in the situation. The conflict has significant implications for Viacom and CBS management, with questions about Redstone's decision-making authority and the potential sale of Paramount. The situation highlights a dramatic shift in the long-standing relationship between Philippe Dauman and Sumner Redstone.

What was the catalyst for the removal of Diamond and Abraham from the board?

• A letter from a lawyer representing Sumner Redstone

• A vote by the shareholders

• A decision by the Viacom board

• A public statement by Sumner Redstone

What was Philippe Dauman's previous stance on Sumner Redstone's mental competency?

• He had no opinion on the matter

• He declared Redstone mentally incompetent

• He declared Redstone mentally competent

• He was unsure about Redstone's mental state

What is the main legal challenge facing Philippe Dauman and George Abrams?

• Proving Sumner Redstone is not of sound mind

• Gaining control of Viacom

• Reinstating Diamond and Abraham to the board

• Selling a stake in Paramount

Who is suggested to have influenced the current situation involving Sumner Redstone?

• George Abrams

• Philip Demo

• Shari Redstone

• Tom Cruise

Why was Paramount significant to Sumner Redstone?

• It was his first company

• It was the most profitable division of Viacom

• He had a public fight with Tom Cruise over it

• He worked hard to acquire it in the mid-90s