NEW YORK (Reuters) - Sumner Redstone plans to sell more than $945 million of stock in CBS Corp and Viacom Inc, two media companies he controls, to pay off loans that threatened to unravel the media ...

Sumner Redstone, the billionaire Viacom chairman, was interested in just more than his money and his vast network; he was also all about sex clubs, RadarOnline.com can reveal. Tom Freston, the CEO of ...

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 ...

Shari Redstone can’t wait to ring that bell. After three years and three tries, Viacom and CBS Corp. have been reunited as one company, ViacomCBS, as of Wednesday. The closing of the deal reached on ...

The CBS-Viacom merger is good news for Shari Redstone She finally won. For Shari Redstone, the 65-year-old daughter of ailing 96-year-old mogul Sumner Redstone, who had chafed for a dozen years living ...

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 ...

When asked who would take the reins at Viacom and CBS when he dies, Sumner Redstone used to joke that the answer was irrelevant because he was going to live forever. Now that he has reached 92 and is ...

Sumner Redstone said he may break up Viacom, the broadcast and advertising company he spent 18 years building, because investors aren’t placing a high enough value on the businesses. Co-president ...

FILE - In this Oct. 3, 2011, file photo, Sumner Redstone arrives at the premiere of "Footloose" in Los Angeles. Redstone stepped down as executive chairman of Viacom on Thursday, Feb. 4, 2016, and was ...

NEW YORK (MarketWatch) -- It doesn't really make a difference whether Tom Freston, who had one of the most glamorous top-executive jobs in the world, was nudged or shoved Tuesday as Viacom's president ...

BOSTON (Reuters) - Viacom Inc said on Friday it cut the total pay of its 92-year-old Executive Chairman Sumner Redstone by 85 percent to $2 million last year in light of his "reduced responsibilities" ...

No, it’s not Netflix’s quest to acquire Warner Bros. Discovery. It’s Sumner Redstone’s long and painful struggle with Barry ...