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Sumner Redstone

Latest News

  1. 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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  2. 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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  3. 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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  4. 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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  5. Mel Karmazin Leaves Sirius XM Radio

    1:31 pm 12/19/2012

    As Liberty Media nears its takeover of the satellite firm, James Meyer, president of sales and operations, becomes interim CEO.Read more

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  6. Viacom CEO: MTV Is 'Not Broken'

    6:07 am 11/15/2012

    "We are changing the way we do business" amid changing viewing habits, says Philippe Dauman, predicting that the company will return to ad revenue growth this fiscal year.Read more

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  7. Viacom and CBS' Sumner Redstone and Fox's Dana Walden Honored by Big Brothers Big Sisters

    6:20 pm 10/27/2012

    Sherry Lansing paid tribute to her former boss Redstone, while "Glee" castmembers Amber Riley, Darren Criss and Lea Michele serenaded Twentieth Century Fox Television's Walden.Read more

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  8. Sumner Redstone Says Daughter Shari Still in Running as Viacom Heir

    10:39 am 10/26/2012

    The 89-year-old media mogul tells The Wall Street Journal that Viacom chief exec Philippe Dauman is not a shoo-in.Read more

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  9. Dauman vs. Moonves: Inside the Battle for Sumner Redstone's Empire (Analysis)

    5:00 am 10/24/2012

    The Viacom and CBS chiefs jockey for position as their 89-year-old boss' succession plan raises big questions for Hollywood.Read more

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  10. Big Brothers Big Sisters of Greater Los Angeles Honors Sumner Redstone and Dana Walden

    12:25 pm 9/25/2012

    Leslie Moonves and Sherry Lansing were among the guests who turned out to fete the honorees for their commitment to the charitable organization.Read more

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