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 ...
NEW YORK/SAN FRANCISCO (Reuters) - Sumner Redstone removed five of Viacom Inc's directors, including Chief Executive Philippe Dauman, from the board of the media company he controls on Thursday, a big ...
Sumner Redstone, billionaire media tycoon, has died at the age of 97. Redstone built his family’s drive-in theater chain into a multibillion-dollar empire encompassing CBS and Viacom. In his 90s, he ...
For the Redstone clan, the end with Paramount Pictures came much as it began 31 years ago – victory achieved after a long, bitter and highly public fight over a Hollywood institution. This time around ...
A powerful media family torn apart by jealousy and rivalry. A granddaughter rushing to the aging patriarch’s side as he very publicly withers away. Lies, betrayal and lawsuits. These aren’t the ...
Executives at the MTV networks stood and roared their approval at a budget meeting last November when Sumner Redstone, chairman and CEO of parent company Viacom, pledged $30 million of corporate cash ...
An ugly fight is under way, and at the heart of it are two questions: Is the media mogul competent to make decisions? And if he isn't, who is best qualified to make them for him?
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