Hidden well into a Definitive Proxy Statement filed on Friday (12/16) by Viacom is one sentence that sets the stage for 93-year-old Sumner Redstone‘s next chapter at the company of which he controls ...

Earlier today the board of Viacom voted to promote CEO Philippe Dauman to executive chairman of the media company that includes MTV, Comedy Central and Paramount. This move was in direct contradiction ...

NEW YORK -- Sumner Redstone, who built a media empire from his family's drive-in movie chain, has died. He was 97. ViacomCBS Inc., which he lead for decades, remembered Redstone for his "unparalleled ...

One of the world's biggest media moguls has been hit especially hard by the economic downturn. Now many are watching to see how Sumner Redstone tries to get out of the jam. NPR's Kim Masters reports.

Media mogul Sumner Redstone is the former chairman of Viacom Inc. The ailing 92-year-old, who controls about 80% of the voting shares in Viacom and CBS, won his legal battle against his former ...

REUTERS - A psychiatrist who examined Sumner Redstone twice last month found the 93-year-old retained the mental capacity needed to remove Viacom Inc Chief Executive Philippe Dauman from the trust ...

The question of 92-year-old Sumner Redstone's ability to run his company was called into question recently when his ex and longtime friend Manuela Herzer filed papers in court declaring him mentally ...

Sumner Redstone, the 85-year-old titan of the media industry, got caught in a credit squeeze during the global financial crisis, and it's going to cost him more than a fifth of his firm's stake in ...

Media magnate Sumner Redstone has filed for divorce from his wife of five years, Paula Fortunato, citing irreconcilable differences. The split comes as the 85-year-old chairman of Viacom Inc. and CBS ...

The conflict between media mogul Sumner Redstone and his daughter, Shari, broke into open warfare Friday when he publicly disparaged her as having made “little or no contribution” to the entertainment ...

David Ellison is poised to soon run Paramount Pictures, among other entertainment assets. But what does that mean in a fractured cultural landscape? By Brooks Barnes “Unscripted,” an account by the ...