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In Letter, Redstones Urge Viacom and CBS to Explore Merger

The media mogul Sumner Redstone and his daughter, Shari Redstone, are suggesting an all-stock transaction that would leave them firmly in control.
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Sumner Redstone moves to oust Viacom chief from entity that will control media empire

Issues & Causes / Environmentalism : Greenspace

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 Executive Philippe Dauman and a longtime all...

Shari Redstone refused to sell stake in media empire - WSJ

Business & Finance : Business Insider: Clusterstock

(Reuters) - Shari Redstone refused an offer from her media mogul father Sumner to sell her 20 percent stake in the holding company that controls Viacom Inc and CBS Corp for $1 billion, the Wall Street Journal reported. The offer mad...

Reports: War Over at Viacom. CEO Philippe Dauman to Leave with $72 Million Severance Package. Some Speculation that CBS CEO Leslie Moonves Will Head Up Viacom as Well

Media / Television Industry : TVWeek

“A truce has been reached in the vicious corporate battle that pitted [Sumner] Redstone, who controls Viacom and CBS, and his daughter, Shari Redstone, against his longtime confidants and directors at Viacom, according to two people...

Viacom power struggle ends with Shari Redstone ushering in a new era for the media company

Issues & Causes / Environmentalism : Greenspace

Shari Redstone would tell her tough-as-nails father, Sumner Redstone, that she possessed 80% of his brains, 90% of his passion and 100% of his obsessive personality.  Media mogul Sumner Redstone, over the years, seemed to be his dau...

Sumner Redstone Inaccessible To Viacom As Drama Builds

News : Huffington Post

NEW YORK (Reuters) - Viacom Inc said on Saturday its board members have been unable to meet with controlling shareholder Sumner Redstone because his daughter Shari is blocking access to the media mogul. Viacom's criticism of Shari R...


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