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Sumner Redstone

Sumner Redstone

Latest News

  1. Sumner Redstone Serenaded by Tony Bennett as Execs (and Girlfriends) Celebrate 92nd Birthday Bash

    11:31 pm PDT 05/27/2015
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    Leslie Moonves and Philippe Dauman were among the guests at Vibrato in Bel Air for a soiree in honor of the Viacom and CBS mogul's "passion to party." READ MORE

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  2. Sumner Redstone's Two Girlfriends Throwing Him 92nd Birthday "Passion to Party" Bash Amid Viacom Intrigue

    7:00 am PDT 05/20/2015
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    Tony Bennett and Michael Milken are among those confirmed to attend the event as a feeding frenzy of questions surrounds the frail billionaire, who is turning 92. READ MORE

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  3. Sumner Redstone Won't Attend CBS Annual Meeting

    3:42 pm PDT 05/14/2015
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    The 91-year-old CBS chairman said in a statement that he will not be able to travel to New York for the May 21 event. READ MORE

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  4. CBS Beats Quarterly Earnings Expectations

    1:14 pm PDT 05/07/2015
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    On a conference call with analysts, CBS noted that ailing executive chairman Sumner Redstone was listening, though he did not introduce CEO Les Moonves, as had been customary when Redstone, 91, was in better health. READ MORE

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  5. Sumner Redstone Shoots Down Succession Report: "Decisions Have Not Yet Been Made"

    1:00 pm PDT 05/07/2015
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    Redstone's statement is presumably a response to stories in the New York Post and Vanity Fair. READ MORE

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  6. Viacom Quarterly Earnings Exceed Expectations, U.S. Ad Revenue Drops 5 Percent

    4:02 am PDT 04/30/2015
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    The entertainment conglomerate, led by CEO Philippe Dauman, posts its latest results. READ MORE

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  7. Sumner Redstone Girlfriend Drops Lawsuit: Leak of Sexual Photos Averted

    8:15 am PDT 04/29/2015
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    "Private and confidential" images of the 91-year-old mogul could have become public in a trial vs. a former MTV star. READ MORE

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  8. Disney-Discovery? Fox-Viacom? Michael Wolff Predicts M&A Mania and a New Wave of Consolidation

    7:00 am PDT 04/09/2015
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    A new rush of deals is about to happen as Rupert Murdoch, Leslie Moonves and the rest of media look at content, not advertising, as the new financial engine. READ MORE

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  9. Michael Wolff on Liberty's John Malone: What Is He Actually Hunting?

    7:00 am PDT 03/25/2015
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    The mercurial mogul is watching nemeses Sumner Redstone and Rupert Murdoch like a hawk as his Lionsgate stock swap and troubles with the Comcast-Time Warner Cable merger keep Hollywood guessing. READ MORE

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  10. Sumner Redstone to Miss Viacom Shareholder Meeting

    7:57 am PDT 03/12/2015
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    The 91-year-old executive chairman and controlling shareholder of the company and CBS Corp. has in recent years scaled back his public appearances and recently missed two earnings calls. READ MORE

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  11. CBS All Access Streaming Service Has More Than 100,000 Subs, Leslie Moonves Says

    5:43 am PDT 03/11/2015
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    The CBS topper also tells an investor conference in Florida that the planned Showtime Internet-only service will launch "in the not-too-distant future." READ MORE

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  12. CBS Reports Record Fourth-Quarter Revenue

    1:09 pm PST 02/12/2015
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    The media company said Thursday that it earned 79 cents per share on $3.68 billion revenue. READ MORE

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

    11:30 am PST 02/04/2015
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    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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  14. Michael Wolff on Viacom and CBS Post-Sumner Redstone: The Succession Scramble

    7:00 am PST 02/04/2015
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    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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  15. Viacom CEO Philippe Dauman Extends Contract Through 2018

    12:30 pm PST 01/15/2015
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    The president and CEO of Viacom had previously been under contract until Dec. 31, 2016. READ MORE

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  16. Michael Wolff: 8 Hollywood Predictions for 2015

    7:00 am PST 12/18/2014
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    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 forward READ MORE

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  17. 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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  18. 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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  19. 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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  20. 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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