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Sumner Redstone

Latest News

  1. CBS Reports Record Fourth-Quarter Revenue

    11:29 am 2/12/2015

    The media company said Thursday that it earned 79 cents per share on $3.68 billion revenue.Read more

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  2. Michael Wolff on Viacom and CBS Post-Sumner Redstone: The Succession Scramble

    7:00 am 2/4/2015

    The 91-year-old mogul missed an earnings call Jan. 29, as his declining health (despite a new baby) raise questions about CBS, MTV, Leslie Moonves, Philippe Dauman and even Rupert Murdoch.Read more

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  3. Why Sumner Redstone's Health Hasn't Concerned Wall Street

    4:37 pm 2/3/2015

    Sources say that the mogul's mind remains sharp but that he is dealing with mobility issues in line with his age.Read more

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  4. Viacom CEO Philippe Dauman Extends Contract Through 2018

    12:28 pm 1/15/2015

    The president and CEO of Viacom had previously been under contract until Dec. 31, 2016.Read more

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  5. Michael Wolff: 8 Hollywood Predictions for 2015

    7:00 am 12/18/2014

    Comcast will offload NBCUniversal, Facebook will air TV shows (even sports) and Rupert Murdoch will "retire" as TV becomes a three-pronged business and digital brands decide channels are their way forwardRead more

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  6. Michael Wolff on Big Media: Where Are All the CEO Heir Apparents?

    8:00 am 11/13/2014

    As Robert Iger, Leslie Moonves and Philippe Dauman shoot toward retirement age without slowing, the next generation of media leaders sits on the sidelines, Wolff writes for THRRead more

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  7. Viacom Plans to Boost Non-Nielsen-Based U.S. Ad Sales to 50 Percent

    5:39 am 11/13/2014

    "Everyone wants our channels," Philippe Dauman says about the appeal of the company's networks despite recent carriage disputesRead more

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  8. CBS Quarterly Earnings Exceed Expectations on Political Advertising

    12:58 pm 11/5/2014

    The company posted $3.37 billion in revenue while analysts expected $3.32 billionRead more

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  9. Jennifer Lawrence Buys L.A. Home Previously Owned by Jessica Simpson

    12:00 pm 11/2/2014

    The home's current seller was media mogul Sumner Redstone's girlfriendRead more

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  10. Analyst Calls for CBS to Reunite With Viacom

    5:17 pm 10/27/2014

    "A combined company would have a better ability to negotiate carriage," writes Brett Harriss of Gabelli & Co.Read more

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