How CBS Can Win Without Moonves

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Shari Redstone’s victory at CBS bears a striking resemblance to her ouster of the top executive and most of the board at Viacom, which she also controls. Those parallels are helpful for thinking about what to expect now at CBS. Viacom today is a better-run company with a clearer strategy for the future.

In 2016, Viacom’s then-CEO Philippe Dauman settled litigation with Ms. Redstone’s National Amusements, ending a power struggle at the company. Mr. Dauman resigned, and his chief operating officer Tom Dooley stepped in as acting…

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