To call Viacom's 2016 upfront "chaotic" would be an understatement. With the future of the company very much in doubt (founder Sumner Redstone and then-CEO Philippe Dauman were publicly battling over the firm's future, and Viacom was widely expected to merge again with CBS), last year's upfront approach for Viacom was less about grabbing every...
Media tycoon Sumner Redstone turned his ownership of theaters into an empire that controls MTV, Nickelodeon, and the movie studio that put out last year’s Arrival, Fences, and Zoolander 2. And he’s worth nearly $2.5 billion less than Evan Spiegel, the 26-year-old who founded Snapchat six years ago, when Redstone was 87. On Thursday, investors […]
Sumner Redstone's former companion Sydney Holland, who was sued by the media tycoon in October for elder abuse, has filed a motion asking a Los Angeles Superior Court judge to appoint a panel of medical experts to determine if the 93-year-old...Show More Summary
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Daughter Shari had already taken control of the family business. She's on the board.
The 93-year-old Sumner Redstone is relinquishing his voting power on the board of Viacom, the massive entertainment conglomerate — in the latest succession drama that has tested relationships among some of the most powerful people in show business. Redstone will continue to hold the title “chairman emeritus,” but will participate in future board meetings of Viacom in […]
Sumner Redstone will no longer be chairman of Viacom.
Sumner Redstone, chairman emeritus and controlling shareholder of Viacom Inc., will give up his vote on the board after the media giant’s next annual meeting. Redstone, 93, will retain his... To view the full story, click the title link.
The 93-year-old mogul will cede his voting position but remain in control of Viacom and CBS through his holding company.
Sumner Redstone will be exiting his position on the board of directors of media giant Viacom in February following the company’s annual meeting, Viacom announced today. “The move marks another milestone for the company that has been in turmoil for...
Media mogul Sumner Redstone will no longer hold a voting role on Viacom Inc.’s board of directors after the company’s annual meeting in February, according to a regulatory filing. Redstone will still serve as chairman emeritus, but will step down from the Viacom board. Redstone, who has been in...
In a move which marks the end of a media era, Redstone will no longer be a voting member of the struggling media company's board of directors.
Sumner Redstone will step down from the Viacom board of directors after the company's annual meeting in February.
Sumner Redstone will leave Viacom's board in February 2017 but will remain chairman emeritus.
Sydney Holland has sued Shari Redstone, the daughter of the 93-year-old mogul, and a team of nurses, echoing claims made by another of Mr. Redstone’s ex-girlfriends.
That’s your price for having sex with a guy so old his alternate address is Forest Lawn?
Sumner Redstone's ex-fiance is firing back at an elder abuse lawsuit filed against her by the mogul and filing a suit of her own.
Billionaire Sumner Redstone, the magnate behind an empire that includes media giants CBS and Viacom, once gave $18 million to a flight attendant on the CBS corporate jet, then slept with her sister and paid out another $6 million to...
The Post features allegations from the Sumner Redstone lawsuit.
Sumner Redstone’s girlfriend troubles continued to play out in court. Former lover Sydney Holland alleged in a lawsuit Monday that Redstone tossed her out of his home and cut her out of his will after she fulfilled her commitment to love and care for the 93-year-old billionaire. In a breach of...