Less than an hour before the hearing, Ms. Redstone, 64, issued a change to the CBS bylaws that would grant her more control of the network’s board. That change, too, is now delayed: The judge said that he would issue his legal opinion on Ms. Redstone’s change to the bylaws in his decision on Thursday.
The hearing in Delaware took place on a day when CBS was making its annual presentation to advertisers at Carnegie Hall. Mr. Moonves was absent from a press breakfast in New York on Wednesday morning, during which the network unveiled its fall lineup. It was the first time in 22 years that he had been a no-show at the morning gathering of reporters and CBS executives.
“Leslie sends his regrets,” Kelly Kahl, the president of CBS’s entertainment division, told the group of reporters.
Given the corporate intrigue surrounding the network, Mr. Kahl added that the number of questions he could not answer far exceeded the number of questions he could.
At 4:15 p.m., moments after the judge issued the decision to delay the legal battle, Mr. Moonves, 68, took the Carnegie Hall stage to huge roars from the advertisers, who were all too aware of the tensions between one of the industry’s most successful executives and his boss.
“Good afternoon, everybody,” Mr. Moonves began.
More roars rained down on the stage, before the ad buyers in the room rose from their seats in a standing ovation, a rarity at the annual upfront presentations.
Hands in his pockets, Mr. Moonves, who began his show business career as an actor in the 1970s, added, “So. How’s your week been?”