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Will The Viacom Board Represent All Shareholders, Or Just The Redstones?

Shari Redstone assumed control of Viacom by forcing CEO Philippe Dauman to resign and firing his supporters on the Board. Public shareholders have had to watch the drama unfold from the sidelines and trust that the Redstone family would act in the best interests of all shareholders. However, the Redstone family’s proposal to have Viacom merge with CBS raises the possibility that what’s best for the Redstones may not be what’s best for other shareholders.
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Viacom war with Sumner and Shari Redstone to end; CEO Philippe Dauman to step down

Health : LA Times: Health

Media mogul Sumner Redstone’s boardroom war for control of Viacom Inc. was expected to end Thursday night with an agreement for Chief Executive Philippe Dauman to resign immediately, and for new board members to be installed. Viacom...

Why Shari Redstone Has Edge Over Philippe Dauman In Battle For Viacom

Business & Finance : Forbes: Business

The future of Viacom and its film studio, Paramount, hinge on the battle between Shari Redstone and Philippe Dauman for control of Sumner Redstone’s trust

Shari Redstone, Philippe Dauman on ‘Collision Course’ in Viacom-CBS Transition

Media / Television Industry : TVWeek

A showdown between CBS and Viacom Vice Chair Shari Redstone and Viacom CEO and President Philippe Dauman could come to a head today as Viacom’s board meets to address the transition from Sumner Redstone’s role running the company. T...

Viacom CEO Philippe Dauman Accuses Shari Redstone Of Manipulating Father Sumner Redstone; She Rejects Charge

Industries / Entertainment Industry : Deadline Hollywood

Updated with Shari Redstone statement: Viacom CEO Philippe Dauman this morning said National Amusements President Shari Redstone “has isolated her father [Sumner Redstone] and put his residence on lockdown” and is manipulating him “...

Sumner Redstone Filings Show Family Trust Voted To Oust Philippe Dauman

Industries / Entertainment Industry : Deadline Hollywood

Viacom CEO Philippe Dauman not only lacks the confidence of controlling shareholder Sumner Redstone, he has lost the support of the trust established to manage the empire if Redstone’s deemed incompetent, Redstone’s lawyers said tod...

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