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Redstone claims she advised Viacom against CBS merger before lawsuit

Photo by Jared Siskin/Patrick McMullan via Getty Images

In a new complaint filed Tuesday, National Amusements Inc. (NAI), CBS Corporation's parent company, now says that its vice chairwoman and CBS' majority stakeholder Shari Redstone advised Viacom’s special committee that NAI no longer supported a merger — prior to CBS' lawsuit against Redstone and NAI that attempted to strip Redstone of her voting power.

Why it matters: Today's statement solidifies what the media community has largely assumed for the past few weeks: the desire to merge CBS and Viacom is officially dead on both sides — not just from CBS' perspective.