Trend Results : Sumner Redstone

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Sumner Redstone's Driver Says His Boss Spent $1 Million on Kept Women

2 weeks agoEntertainment : Defamer

Sumner Redstone’s ex-driver might be cautious on the road, but when it comes to his billionaire boss’s alleged secrets, he’s spilling everywhere and making a huge PR mess. Case-in-point: this Hollywood Reporter story where he claims he delivered at least $1 million in cash to Redstone’s stable of kept women. Read more...

Sumner Redstone's Driver: I Delivered $1 Million in Cash to Women

Going public for the first time, a former Paramount employee writes that he took orders from the mogul's girlfriend Sydney Holland to cash huge checks and shuttle money around L.A. over the course of one year. read more

Sumner Redstone's Girlfriend Must Pay Former MTV Star's $190,000 Legal Bill

The decision comes after Sydney Holland dropped claims that Heather Naylor stole a laptop containing private photos. read more

Sumner Redstone's Two Girlfriends Throwing Him 92nd Birthday "Passion to Party" Bash Amid Viacom Intrigue

Tony Bennett and power lawyer Marty Singer are among those confirmed to attend the event as a feeding frenzy of questions surrounds the frail billionaire, who is turning 92. read more

Sumner Redstone to miss CBS shareholders meeting due to declining health

CBS Chairman Sumner Redstone will not attend the company's annual shareholders meeting next week in New York because of his declining health.

Sumner Redstone Won't Attend CBS Annual Meeting

The 91-year-old CBS chairman said in a statement that he will not be able to travel to New York for the May 21 event. read more

CBS And Viacom Head Sumner Redstone Denies Succession Plans, Says He Will Never Retire

The 91-year-old majority owner of CBS and Viacom has spoken out against ongoing rumors of his deteriorating health, insisting that he remains in control of the media giants despite reports to the contrary. In an email exchange with Vanity Fair, the billionaire mogul says his daily routine "hasn't changed much." [...]

Sumner Redstone: No Decision Has Been Made About The Fate Of Viacom And CBS

Is there a behind-the-scenes battle taking place over who’ll have the juice at Viacom and CBS after Sumner Redstone, who controls both companies through his ownership of National Amusements, leaves the stage? That’s what Vanity FairShow More Summary

Sumner Redstone says his ownership of CBS, Viacom will go to trustees after death

Sumner Redstone, the controlling shareholder of CBS Corp. and Viacom Inc., said his ownership in the two media companies will pass to a seven-member trust after he dies. Mr. Redstone, 91, also said... To view the full story, click the title link.

Sumner Redstone Shoots Down Succession Report: "Decisions Have Not Yet Been Made"

Redstone's statement presumably is a response to stories in the New York Post and Vanity Fair. read more

Sumner Redstone says Viacom, CBS succession not decided

3 months agoHealth : Booster Shots

Succession at two huge media companies -- Viacom and CBS -- has long been a topic of curiosity, particularly as the health of the companies' chairman, Sumner Redstone, has declined in recent years.

Sumner Redstone Girlfriend Drops Lawsuit: Leak of Sexual Photos Averted

"Private and confidential" images of the 91-year-old mogul could have become public in a trial vs. a former MTV star. read more

CBS' Leslie Moonves Salary Falls to $57.2 Million in 2014

That is down from $66 million a year prior; Sumner Redstone’s compensation drops from $57 million to $10.8 million. read more

Viacom to take $785M restructuring charge, halts buybacks

Viacom Inc., the media company controlled by billionaire Sumner Redstone, is suspending stock buybacks for as long as six months to pay for restructuring and acquisitions. The company will take a... To view the full story, click the title link.

How Scientology almost ruined Tom Cruise’s career and 'Mission: Impossible' saved it

In August 2006, it seemed like Tom Cruise was finished. In an announcement unprecedented by the head of a major conglomerate, the chairman of Viacom, Sumner Redstone, publicly ripped into the star, who at the time was one of the most profitable at Viacom's movie studio, Paramount Pictures. Show More Summary

Michael Wolff on Liberty's John Malone: What Is He Actually Hunting?

The mercurial mogul is watching nemeses Sumner Redstone and Rupert Murdoch like a hawk as his Lionsgate stock swap and troubles with the Comcast-Time Warner Cable merger keep Hollywood guessing. read more

Sumner Redstone to Miss Viacom Shareholder Meeting

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. read more

Viacom Interns Lawsuit Settlement: Media Giant To Pay $7.2M With $900K To Lawyers

On the same day that they were pink slipping people at Paramount and Nickelodeon, the Sumner Redstone controlled company was putting a price tag on how much they will shell out to make their interns lawsuit go away. That will be $7,212,500...Show More Summary

CBS’ Les Moonves Sees No Need For A Partner, And Eyes $5M Super Bowl Ads

In a period of media mega mergers, lots of people believe Sumner Redstone could increase his clout by consolidating — actually re-uniting — his two giants: CBS and Viacom. But CBS chief Les Moonves says he isn’t one of them. “There's been a ton of noise out there,” he told analysts today following the release of his company’s Q4 earnings. Show More Summary

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