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Sumner Redstone

Latest News

  1. Judge Says Viacom Board Can Remain as Is, Sets Hearing for July

    2:46 pm 6/22/2016

    The makeup of Viacom's board of directors won't change just yet.Read more

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  2. Viacom to Cover Philippe Dauman's Legal Bill in Sumner Redstone Lawsuit

    4:10 am 6/17/2016

    Viacom will cover their costs related to a lawsuit that seeks to invalidate Dauman's removal as trustee of controlling shareholder Sumner Redstone's National Amusements Trust.Read more

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  3. Can Viacom's Stock Rally Last?

    3:58 pm 6/16/2016

    Shares of the entertainment conglomerate rallied as Sumner Redstone ostensibly fired more than half the directors, setting up (another) protracted legal battle.Read more

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  4. Sumner Redstone Says He Does Not Trust Philippe Dauman or His Allies

    6:16 pm 6/15/2016

    "I no longer trust Philippe or those who support him," Redstone wrote on Wednesday.Read more

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  5. Sumner Redstone Visits Paramount Lot Amid Viacom Drama (Exclusive)

    3:40 pm 6/14/2016

    Redstone and daughter Shari on Friday visited the Paramount Pictures lot, both meeting studio chief Brad Grey. The get-together prompted a response from Viacom lead independent director Fred Salerno on Tuesday in an attempt to get a message to the mogul. Read more

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  6. Redstones Eyeing Former Sony, Discovery Execs for Viacom Board Posts (Report)

    1:00 am 6/10/2016

    A replacement of board members could be a prelude to the ouster of Viacom chairman and CEO Philippe Dauman amid a report saying that a recombination with CBS is among possible scenarios.Read more

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  7. Psychiatrist: Sumner Redstone Understands Why He Removed Trustees

    7:01 pm 6/2/2016

    The doctor says Redstone removed Philippe Dauman as his trustee because "he’s done a bad job running Viacom."Read more

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  8. Shari Redstone Fires Back at Viacom's Fred Salerno

    3:10 pm 5/31/2016

    Salerno asserted that Sumner Redstone said that his daughter "should not control Viacom."Read more

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  9. Viacom "Circus" Dates Back to "Lunacy" of CBS Separation, Analyst Says

    1:48 am 5/31/2016

    Michael Nathanson says investors are “clearly hoping” for management change and renews his call for bringing Viacom and CBS Corp. together again.Read more

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  10. Viacom Board Member: We'll Fight Attempts to Fire Us

    3:24 pm 5/30/2016

    "We feel the responsibility to challenge in court what we honestly believe would be legally flawed removals."Read more

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