Investors lost confidence in Dauman and the Board, but started to become more constructive in recent weeks, BTIG noted. The Sumner Redstone saga has made them believe a Board and management reshuffle may come soon. In fact, BTIG analysts "are growing increasingly confident that National Amusements (owned by 80% owned by Sumner Redstone and 20% owned by Shari Redstone), the controlling shareholder of Viacom and CBS, will replace a majority, if not all of the Viacom Board outside themselves and replace a significant portion of the Viacom executive management team."