Redstone’s NAI Restructures Credit Facilities


As has been chronicled across business journals and daily Wall Street publications, the Redstone Family‘s National Amusements, Inc., has largely directed the fortunes and future of what is now ViacomCBS. It is Shari Redstone who wanted Bob Bakish to lead the recombined companies, not a CBS Corp. C-Suiter. It is her that a block of any reunification of CBS and Viacom under former CEO Les Moonves never occurred.

Now, however, NAI is “losing some of its ability to borrow money,” The Wall Street Journal reports.

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