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Sumner Redstone

Sumner Redstone

Latest News

  1. 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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  2. 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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  3. 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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  4. 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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  5. 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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  6. 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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  7. 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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  8. 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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  9. 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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  10. 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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  11. 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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  12. 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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  13. 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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  14. Sumner Redstone Donates $20 Million to MPTF Campaign

    5:00 am PST 12/03/2013
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    MPTF Foundation chairman Jeffrey Katzenberg, who has known Redstone since he was a kid, says his generosity is "inspiring." READ MORE

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  15. Philanthropy Issue: Hollywood's 5 Top Donors in 2013

    11:00 am PDT 07/25/2013
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    From Jimmy Iovine and Dr. Dre's record-setting gift to USC to Gayle Anne Hurd's Oscar museum, the biggest endowments of the year (so far). READ MORE

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  16. Former Hollywood Exec: Why I Gave Up My $1M Salary to Move to Cambodia

    9:00 am PDT 07/24/2013
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    What Sony's Scott Neeson saw during a visit to a garbage dump outside Phnom Penh changed his life and inspired him to quit, move and launch the Cambodian Children's Fund; now benefactor Sumner Redstone reveals in THR's Philanthropy Issue that he is giving a new gift of $480,000. READ MORE

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  17. From Bill Clinton to Ryan Seacrest: 17 of Hollywood's Biggest Philanthropists

    8:57 am PDT 07/24/2013
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    Selena Gomez and Ryan Seacrest in THR's Philanthropy Issue. READ MORE

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  18. Sumner Redstone Turns 90, Parties With Tom Cruise, Mark Wahlberg

    6:00 am PDT 06/06/2013
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    Tony Bennett stopped the show at the mogul's Beverly Hills mansion, telling guests, "Sumner put me on MTV and made me a bigger star than I ever was." READ MORE

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  19. CBS Shareholders Accuse '60 Minutes' of Anti-Semitism

    1:59 pm PDT 05/23/2013
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    At the company's annual meeting, members of a pro-Israel media watchdog group say the country is owed an apology and a retraction for a controversial story that aired last year; CEO Leslie Moonves says he stands by the report. READ MORE

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

    10:25 am PDT 05/02/2013
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    The billionaire mogul neglected to file a return on a taxable gifts to his children. READ MORE

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