rkolsen 1684 Posted September 19, 2018 Share Posted September 19, 2018 I realize that just posting the link is against the rules. But I’m on my cell phone and am having trouble typing. Sounds like they’re in big trouble. https://www.vanityfair.com/news/2018/09/shari-takes-control-of-cbs-federal-prosecutors-eye-the-redstones Link to comment https://localnewstalk.net/topic/16684-redstone-legal-woes/ Share on other sites More sharing options...
Rusty Muck 4374 Posted September 19, 2018 Share Posted September 19, 2018 Whoo boy. This is not good. Link to comment https://localnewstalk.net/topic/16684-redstone-legal-woes/#findComment-213503 Share on other sites More sharing options...
HowardSalwasser 28 Posted September 20, 2018 Share Posted September 20, 2018 Does anyone think that CBS gets shut down as a result of this? Link to comment https://localnewstalk.net/topic/16684-redstone-legal-woes/#findComment-213523 Share on other sites More sharing options...
broadcastfan9751 140 Posted September 20, 2018 Share Posted September 20, 2018 Does anyone think that CBS gets shut down as a result of this? No, but it could result in the Redstones being forced to divest CBS because the FCC could find that the Redstones lack the basic character qualifications to be and remain an FCC licensee. Link to comment https://localnewstalk.net/topic/16684-redstone-legal-woes/#findComment-213524 Share on other sites More sharing options...
TSSZNews 1051 Posted September 20, 2018 Share Posted September 20, 2018 No, but it could result in the Redstones being forced to divest CBS because the FCC could find that the Redstones lack the basic character qualifications to be and remain an FCC licensee. Only for their owned stations - nothing says they can’t own the network itself - and given the legal ownership structure of the divisions (Which would be true for ALL network O&Os) they’re prolly fine. Link to comment https://localnewstalk.net/topic/16684-redstone-legal-woes/#findComment-213532 Share on other sites More sharing options...
SterlingNorth 33 Posted September 20, 2018 Share Posted September 20, 2018 Does anyone think that CBS gets shut down as a result of this? Nah, it just means that in 2022, CBS-Viacom will be purchased at fire sale price by Netflix, after merger talks break down between Viacom and Disney-AT&T. Link to comment https://localnewstalk.net/topic/16684-redstone-legal-woes/#findComment-213534 Share on other sites More sharing options...
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