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CBS projects confidence in legal battle with Redstone

CBS CEO Les Moonves. Photo: Greg Doherty/Patrick McMullan via Getty Images

CBS was all chuckles yesterday at its annual Upfront advertising presentation, even though the company's future was being decided in a courtroom 200 miles to the south.

Why it matters: The big takeaway from the night was that Madison Ave. loves CBS CEO Les Moonves and CBS execs seem confident in their future.