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Sumner Redstone

Latest News

  1. IRS: Sumner Redstone Owes $1.1 Million Over Unpaid 1972 Tax

    9:40 am 5/2/2013

    The billionaire mogul neglected to file a return on a taxable gifts to his children.Read more

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  2. Viacom Quarterly Earnings Decline, Ad Revenue Rises

    1:12 am 5/1/2013

    UPDATED: The entertainment conglomerate, led by CEO Philippe Dauman, recorded lower revenue amid a 38 percent drop in the home entertainment business.Read more

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  3. Sumner Redstone Donates $250,000 to UCLA's Institute of the Environment and Sustainability

    2:09 pm 3/28/2013

    The media mogul's donation comes on the heels of the institute's $1 million fundraiser -- attended by Barbra Streisand, Annette Benning, Warren Beatty and others -- this month.Read more

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  4. Deborah Norville, Cristiana Falcone Sorrell Join Viacom Board of Directors

    12:35 pm 3/21/2013

    The board is expanding from 11 to 13 members.Read more

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  5. Sumner Redstone Donates $700,000 to Cambodian Children's Fund

    10:16 am 2/21/2013

    The CBS and Viacom chairman has long supported the non-profit organization. Read more

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  6. CBS Posts Record Financial Results for Q4

    1:28 pm 2/14/2013

    Revenue went up 2 percent to $3.7 billion and earnings per share increased 14 percent, but shares are down after the bell.Read more

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  7. George Lucas, Steven Spielberg Celebrate Opening of USC's Sumner Redstone Production Building

    8:10 pm 2/6/2013

    Brad Grey, Brian Grazer, Jim Wiatt, Les Moonves and Robert Evans also turned for the gala reception in Redstone's honor.Read more

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  8. Viacom Quarterly Earnings Drop, But Beat Expectations

    3:55 am 1/31/2013

    UPDATED: The entertainment conglomerate, led by CEO Philippe Dauman, posted a widened film unit loss in its fiscal first quarter.Read more

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  9. Sumner Redstone Donates $10 Million to USC School of Cinematic Arts

    2:46 pm 1/17/2013

    The Redstone Production Building is part of SCA’s new Cinematic Arts Complex and will be dedicated Feb. 5.Read more

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