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Viacom

Latest News

  1. Sumner Redstone Fires Most of Viacom Board

    6:59 am 5/27/2016

    Fred Salerno, the company's lead independent director — until being ousted Thursday, at least — calls the maneuver "brazen and demonstrably invalid" and vows to sue.Read more

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  2. Viacom Stock Surges on Speculation Dauman May Be Forced Out

    12:33 pm 5/25/2016

    "The company, its employees and and its shareholders would be best served if none of these figures battling for control had any part in the future of Viacom," says one expert on boardrooms.Read more

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  3. Embattled Viacom CEO Philippe Dauman Takes His Case to the Company's Employees

    7:46 pm 5/24/2016

    Urging the company not to be distracted by his current battle with Sumner Redstone, Viacom's top executive makes his argument for how Viacom's various businesses are moving "rapidly and successfully into the future."Read more

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  4. How Philippe Dauman Is Playing His Cards in the Fight for Viacom

    4:03 pm 5/24/2016

    Dauman will look to expose that Sumner Redstone is being controlled by his daughter, who aims to control the powerful trust and then oust Dauman from the company.Read more

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  5. Sumner Redstone Asks Court to Approve His Removal of Philippe Dauman From Trust

    10:38 am 5/23/2016

    On Friday, Redstone removed Abrams and Viacom CEO Dauman, but the same day Dauman claimed that the 92-year-old billionaire "lacks the capacity to have taken these steps."Read more

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  6. Viacom Stock Rises Amid Battle for Trust That Will Control Company

    12:58 am 5/23/2016

    Analysts discuss how Sumner Redstone could remove Philippe Dauman as Viacom CEO and stop the planned sale of a minority stake in Paramount Pictures.Read more

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  7. Sumner Redstone Asserts He's in Control, Refutes Phillippe Dauman's "Opportunistic Claims of Incapacity"

    6:10 pm 5/22/2016

    "Viacom’s false and unfair statements to the media, as well as Mr. Dauman’s opportunistic claims of incapacity, now make it problematic to move forward with any direct meeting and briefing as Mr. Redstone had previously requested."Read more

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  8. More Fallout in Viacom War: Board Members Vent

    1:31 pm 5/21/2016

    Statements condemn lack of access to ailing mogul.Read more

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  9. It's War: Sumner Redstone Ousts Philippe Dauman From Trust That Will Control Viacom and CBS

    6:43 pm 5/20/2016

    Dauman and director George Abrams are being removed as trustees of the board that will have voting control over both companies. Read more

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  10. As the Redstones Turn: Hollywood Soap Opera Drags Down Stock Prices (Not to Mention Morale) at Viacom and CBS

    5:15 am 5/11/2016

    In the latest twists, Sumner Redstone's former companion Manuel Herzer files a new $100 million lawsuit and recordings surface of phone calls allegedly made by the 92-year-old mogul soliciting threesomes.Read more

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