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Sumner Redstone

Sumner Redstone

Latest News

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

    8:00 am PST 11/13/2014
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    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 THR READ MORE

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

    6:41 am PST 11/13/2014
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    "Everyone wants our channels," Philippe Dauman says about the appeal of the company's networks despite recent carriage disputes READ MORE

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  3. CBS Quarterly Earnings Exceed Expectations on Political Advertising

    1:09 pm PST 11/05/2014
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    The company posted $3.37 billion in revenue while analysts expected $3.32 billion READ MORE

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

    12:00 pm PST 11/02/2014
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    The home's current seller was media mogul Sumner Redstone's girlfriend READ MORE

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  5. Analyst Calls for CBS to Reunite With Viacom

    5:34 pm PDT 10/27/2014
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    "A combined company would have a better ability to negotiate carriage," writes Brett Harriss of Gabelli & Co. READ MORE

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  6. How to Live Forever: The (Mad?) Science Hollywood Is Using to "Cure" Death

    10:00 am PDT 09/10/2014
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    It's not just about anti-aging. "Longevity" is the new buzzword as Hollywood embraces all sorts of technology, from an altitude machine favored by tennis star Novak Djokovic to L.A.'s hot new treatment: the very deep freeze READ MORE

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  7. CBS Earnings Fall But Beat Analyst Estimates

    1:13 pm PDT 08/07/2014
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    Like other entertainment conglomerates before it, CBS dramatically increases its share buyback program. READ MORE

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  8. Sumner Redstone Legal Turmoil: Fighting Women, Lie-Detector Tests, Stolen Laptop With 'Private' Photos

    7:00 am PDT 06/25/2014
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    The personal life of the Viacom and CBS executive chairman is probed in litigation between his "jealous" live-in companion and an MTV star who claims her close relationship with Redstone was sabotaged. READ MORE

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  9. CBS Quarterly Earnings Beat Estimates But Revenue Falls Short

    1:13 pm PDT 05/08/2014
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    UPDATED: Shares of CBS were falling as much as 3 percent after the closing bell. READ MORE

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  10. CBS' $67 Million Man: Does Leslie Moonves' Moolah Make Sense?

    5:00 am PDT 04/16/2014
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    A 69 percent stock hike tops media rivals in 2013 as Stephen Colbert's "Late Show" deal hints at bigger profits and Philippe Dauman's Viacom pay lags. READ MORE

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  11. CBS' Les Moonves Salary Rises to $66.9 Million in 2013

    2:08 pm PDT 04/11/2014
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    In 2013, CBS stock rose 69 percent, outpacing the 30 percent made by the S&P 500. READ MORE

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  12. Paramount's Star-Studded Gala Raises $9 Million for USC Cancer Researcher

    10:54 am PDT 03/21/2014
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    Dr. David Agus, a pioneer in molecular medicine, has become a cause celebre among the entertainment industry and media moguls. Jimmy Kimmel emceed the Thursday event, which included a performance by Pharrell Williams. READ MORE

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  13. Leonardo DiCaprio, David O. Russell Celebrate at THR's Nominees Night Soiree

    11:57 am PST 02/11/2014
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    Other guests who made the scene at Monday night's Spago party included Sumner Redstone, Jeffrey Katzenberg, "Gravity" director Alfonso Cuaron, breakout stars Lupita Nyong'o and Barkhad Abdi, "Nebraska's" Bruce Dern, and "Before Midnight" adapted screenplay contenders Ethan Hawke, Richard Linklater and Julie Delpy. READ MORE

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  14. Inside THR's Nominees Night Party: Leonardo DiCaprio Hits Bash; Cee Lo Green, Karen O Perform

    9:58 am PST 02/11/2014
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    Top performers, studio executives and below-the-line talent including David O. Russell, Jared Leto, Julie Delpy and Jeffrey Katzenberg stepped out to toast the nominees at the star-filled soiree on Feb. 10 at Wolfgang Puck's Spago in Beverly Hills. READ MORE

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  15. Nominees Night 2014: THR Celebrates Oscar Hopefuls With Star-Packed Soiree

    8:12 pm PST 02/10/2014
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    UPDATED: Leonardo DiCaprio, Jared Leto, Lupita Nyong'o, David O. Russell and Alfonso Cuaron were among the contenders feted at the annual Nominees Night party at Spago on Feb. 10. READ MORE

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  16. Viacom and CBS Lead Entertainment Stocks Lower

    4:45 pm PST 02/03/2014
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    A down day on Wall Street has most stocks of the media conglomerates sinking more than 3 percent. READ MORE

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  17. Sumner Redstone to Donate $10 Million to Harvard Law School

    9:55 am PST 01/09/2014
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    The gift will go toward a public service endowment established by the Viacom and CBS executive chairman's charitable foundation. READ MORE

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  18. Sumner Redstone's Media Empire

    10:15 am PST 01/08/2014
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    THR is at home and one-on-one with the combative 90-year-old leader of CBS and Viacom as he reveals his thoughts on Tom Cruise, Leslie Moonves and his other Hollywood friends. READ MORE

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  19. Sumner Redstone Uncensored: Murdoch Divorce, Brad Pitt's Exit, Succession Plans

    9:00 am PST 01/08/2014
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    The combative 90-year-old mogul sits down with THR at his home and expounds on whether CBS should buy Sony's studio, why Rupert Murdoch was right to divorce Wendi Deng, whether he's concerned about Pitt's departure for New Regency and why he hasn't named a successor: "I'm not gonna die." READ MORE

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