The Sumner M. Redstone Charitable Foundation has made a $20 million gift to the Motion Picture & Television Fund, the nonprofit group that provides healthcare and social services to active and retired entertainment industry workers.
(Woodland Hills, CA – December 3, 2013) – MPTF announced today that the Sumner M. Redstone Charitable Foundation has made a $20 million gift to the Motion Picture & Television Fund (MPTF) Campaign. Sumner Redstone is Executive Chairman of the Board of both CBS Corporation and Viacom Inc. Mr. Show More Summary
MPTF Foundation chairman Jeffrey Katzenberg, who has known Redstone since he was a kid, says his generosity is "inspiring." The Sumner M. Redstone Charitable Foundation has made a $20 million gift to the Motion Picture & Television Fund’s Campaign, bringing the total raised to just over $300 million. Show More Summary
Viacom (VIAB) Q4 2013 Earnings Call November 14, 2013 8:30 am ET Executives James Bombassei - Senior Vice President of Investor Relations Sumner M. Redstone - Founder and Executive Chairman Philippe P. Dauman - Chief Executive Officer,...Show More Summary
Carl Icahn, Henry Kravitz, Sumner Redstone and a host of other financial pros make their money by using complex strategies that reduce risk while maximizing potential gains. However, there is one
CBS (CBS) Q3 2013 Earnings Call November 06, 2013 4:30 pm ET Executives Adam Townsend - Executive Vice President of Investor Relations Sumner M. Redstone - Founder and Executive Chairman Joseph R. Ianniello - Former Senior Vice President...Show More Summary
Bridget Crawford (Pace) & Theresa Fortin (Wilmington Trust), Sumner Redstone's 40-Year-Old Gift, 140 Tax Notes 833 (Aug. 19, 2013): This article discusses the alleged gift tax deficiency case against media mogul Sumner Redstone. The IRS argues that Redstone made a taxable gift in 1972 when, in connection with the settlement...
Viacom (VIAB) Q3 2013 Earnings Call August 02, 2013 8:30 am ET Executives James Bombassei - Senior Vice President of Investor Relations Sumner M. Redstone - Founder and Executive Chairman Philippe P. Dauman - Chief Executive Officer,...Show More Summary
CBS (CBS) Q2 2013 Earnings Call July 31, 2013 4:30 pm ET Executives Adam Townsend - Executive Vice President of Investor Relations Sumner M. Redstone - Founder and Executive Chairman Leslie Moonves - Chief Executive Officer and Director Joseph R. Show More Summary
What Sony's Scott Neeson saw during a visit to a garbage dump outside Phnom Penh changed his life and inspired him to quit, move and launch the Cambodian Children's Fund; now benefactor Sumner Redstone reveals in THR's Philanthropy issue that he is giving a new gift of $480,000. read more
Rest easy, Sumner Redstone, Philippe Dauman and Thomas Dooley: You won’t have to give up millions of your bucks after all. Eleven months after a Viacom shareholder sued the company to get back $36.6M he believed was overpaid in bonuses to the media behemoth’s three top execs, a federal judge in Delaware has dismissed the suit. Show More Summary
Advancit was founded by Shari Redstone, daughter of media billionaire Sumner Redstone and a well-known figure in the entertainment industry. It makes early stage investments in media and entertainment startups.
Former News Corp digital head Jon Miller has joined Advancit Capital as a partner. Advancit is an early-stage investment firm that was started two years ago by Shari Redstone and Jason Ostheimer; Redstone is the daughter of Sumner Redstone, director at CBS and Viacom, and president of National Amusements. Show More Summary
Brief news from here and elsewhere: That “North West” rumor from Life & Style crops up again, but this time on TMZ. Still not buying it. Does it sound like a Kanye/Kim kind of name? (TMZ) The FBI takes the … Continue reading ?
"The People's Station" is owned By Sumner Redstone "The Voice Of The (Black) Community" is owned by Sumner Redstone The "V-103 Car And Bike Show" is owned by Sumner Redstone VH1 - The Cable Channel that shows "Love & Hip Hop In Atlanta"...Show More Summary
In a tough job market, fewer Harvard students are expressing interested in the humanities. But media mogul Sumner Redstone, who graduated from Harvard in 1944, argues that the humanities can lay the groundwork for a rewarding life.
Redstone celebrated his 90th birthday at his Beverly Hills mansion this weekend with 120 friends like entertainer Tony Bennett, several famous actors, family and high ranking present and former executives of Viacom and CBS.
Viacom Chairman Sumner Redstone celebrated his 90th birthday Monday.
The quarterly outlay rises beginning July 1 to 30 cents a share from 27.5 cents for both the Class B stock (which the public owns) and Class A (79.4% owned by Chairman Sumner Redstone). This is the third increase in the three years since Viacom began paying a dividend. Show More Summary
The billionaire mogul neglected to file a return on a taxable gifts to his children. read more