The execs at CBS need to be hauled in and charged for illegal political contributions in kind because that’s exactly what that is.
2. CBS (Paramount) Institutional Investors
These firms hold large stakes but lack voting control due to NAI’s super-voting structure:
The Vanguard Group (10.3%)
The largest institutional shareholder primarily through index funds like Vanguard Total Stock Market ETF.
Passive investors focused on long-term growth, not active management.
BlackRock (7.6%)
Holds shares via funds such as iShares Core S&P 500 ETF.
Advocates for ESG (environmental, social, governance) policies but has limited sway over CBS’s operations.
State Street Corporation (4.9%)
Manages assets through funds like SPDR S&P 500 ETF Trust.
Known for proxy voting aligned with board recommendations.
Other Institutional Holders
Includes Fidelity Investments, Morgan Stanley, and Geode Capital.
Combined, institutions own ~45% of Paramount’s non-voting shares.
Individual holder: Shari Redstone