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Sumner Redstone

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  1. Sumner Redstone Receives a Star on the Hollywood Walk of Fame

    6:59 pm 3/30/2012

    The Viacom mogul accepted kudos from friends and colleagues at a ceremony Apr. 30 in front of the Roosevelt Hotel.Read more

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  2. Sherry Lansing Describes Life With Sumner Redstone

    12:13 pm 3/29/2012

    The former Paramount Pictures chairman and CEO pays tribute to her ex-boss as he receives a star on the Hollywood Walk of Fame.Read more

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  3. Sumner Redstone Tells Viacom Shareholders: 'Reports of My Absence From This Meeting Have Been Greatly Exaggerated'

    6:27 am 3/8/2012

    UPDATED: The 88-year-old executive chairman and controlling shareholder, appearing only briefly before being shrouded by a curtain, made good on his promise to attend the annual meeting in New York. Read more

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  4. Sumner Redstone Reverses Course, Will Attend Viacom Shareholder Meeting

    2:28 pm 3/2/2012

    The 88-year-old has adjusted his schedule to travel from Los Angeles to New York. Read more

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  5. Sumner Redstone to Miss Viacom's Annual Shareholder Meeting

    8:31 pm 3/1/2012

    A spokesman cites "an unavoidable conflict" as the reason for the first missed meeting in memory. Read more

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  6. CBS Reports 31 Percent Rise in Profit to $370 Million

    1:17 pm 2/15/2012

    Chief executive Les Moonves predicts big ad bucks over the next 12 months due to a "not very pleasant" political campaign and Super Bowl commercials that could sell for $4 million a spot in 2013.Read more

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  7. Viacom Quarterly Earnings From Continuing Operations Drop 5%

    4:24 pm 2/1/2012

    UPDATED: Revenue rose 3 percent at the entertainment conglomerate "despite short term economic headwinds" and weaker ad momentum, with CEO Philippe Dauman saying the company is "seeing signs of recovery" in ads this quarter and expects to return to ad growth.Read more

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  8. Viacom CEO Philippe Dauman's Compensation Drops to $43.1 Million, Half of Prior Fiscal Year Earnings

    2:09 pm 1/27/2012

    UPDATED: His earnings were down from the previous shortened fiscal year, when he made $84.5 million thanks to big one-time awards, while chairman Sumner Redstone saw his compensation rise by a third. Read more

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  9. CBS Posts Quarterly Gains That Underwhelm Investors

    1:25 pm 11/3/2011

    UPDATED: Analysts were enthusiastic during a conference call but the stock sat out a powerful rally then retreated more after the closing bell.Read more

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  10. Michael Bloomberg Is America's Wealthiest Media Mogul

    10:43 am 9/21/2011

    Bill Gates tops the list as the nation's richest person; other people on the list include Warren Buffett, Steven Spielberg, Oprah Winfrey, Ted Turner and Mark Cuban.Read more

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