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This time last year, Sumner Redstone and his daughter Shari were on the rocks. The ailing media mogul had offered Shari $1 billion for her 20% stake in his empire, partly to guarantee that she'd ...
Here's a primer on Sumner Redstone's battle against Viacom, specifically CEO Philippe Dauman, whome he kicked off the board of directors last week.
Fred Salerno, the company's lead independent director — until being ousted Thursday, at least — calls the maneuver "brazen and demonstrably invalid" and vows to sue.
Media titan Sumner Redstone, who built the company Viacom into a global empire, died Tuesday at his home in Los Angeles. He was 97. Through shrewd investing and strategic deal-making, ...
But Sumner Redstone was not, even though he remains the chairman emeritus of Viacom and the head of National Amusements, the holding company that controls both Viacom and CBS.
Media mogul Sumner Redstone, whose empire included Viacom and CBS, dies at 97. Sumner Redstone, shown in 2005, was one of the most powerful men in entertainment and media.
Sumner Redstone plans to step down from Viacom's board of directors in two months, retaining a non-voting role as chairman emeritus. The action takes effect after Viacom's annual meeting February ...
Sumner Redstone acquired the company in 1987 and groomed its properties with investments and acquisitions, culminating in 1994, when Viacom won a pitched battle against Barry Diller to buy ...
The struggle for control of Sumner Redstone’s media empire — Viacom Inc. and CBS Corp. — culminated in a dramatic showdown Friday night. The 92-year-old mogul moved to oust Viacom Chief ...
The 91-year-old executive chairman and controlling shareholder of the company and CBS Corp. has in recent years scaled back his public appearances and recently missed two earnings calls.
Sumner Redstone said he “no longer trusts” Viacom Inc’s board or Chief Executive Philippe Dauman to act in the media company’s best interests, according to a spokesman for the 93-year-old ...
The battle for Viacom has become complicated since Sumner Redstone's lawyers informed CEO Philippe Dauman he was out of the inner circle. Sumner Redstone's Battle For Viacom: What You Need To Know ...
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