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Shari Redstone

ViacomCBS CEO Bob Bakish’s Pay Rises to $39 Million in 2020

The Redstone family-controlled company discloses top executives' compensation in a regulatory filing.

Sumner Redstone, Tenacious Media Mogul, Dies at 97

Sumner Redstone, the hard-charging mogul who parlayed his father's New England drive-in theater business into a media empire that includes ViacomCBS, has died at age 97.

ViacomCBS Chair Shari Redstone Touts “Significant” Growth Opportunities, Stock Upside

ViacomCBS chair Shari Redstone during the annual shareholder meeting touted the "significant growth opportunities we are moving quickly to capture," while CEO Bob Bakish touted "undeniable momentum…

Job Platform for Creatives Backed by Shari Redstone and Michael Eisner Launches in Beta

Creatively, a platform co-founded by Alice + Olivia CEO Stacey Bendet, Joe Indriolo and Reagan Silber, launched Tuesday in iOS and web in beta.

Redstone Family’s Holding Company Gets Ratings Downgrade on Liquidity Concerns

A day after National Amusements, through which the Redstone family controls ViacomCBS, and its lenders renegotiated a credit line of a subsidiary after a recent technical violation, S&P Global…

Redstones’ Holding Company Amends Credit Pact Without Pledging More ViacomCBS Stock

National Amusements, the holding company through which the Redstone family controls ViacomCBS, has amended a credit agreement with its lenders after a recent technical violation. It will not sell…

ViacomCBS Deal Closes as Wall Street Debates Outlook

Nearly 14 years after Sumner Redstone split his entertainment empire in two, Viacom and CBS Corp. are reunited, closing the latest entertainment industry mega-deal as Wall Street discusses the…

ViacomCBS Finalizes Post-Merger Executive Ranks Ahead of Deal Closing

As Viacom and CBS reorganize ahead of closing their $30 billion recombination in early December, both media giants have finalized their post-remerger leadership ranks.

Viacom’s Paramount Returns to Full-Year Profit After Three Years of Losses

Viacom, which is expected to close its merger with CBS Corp. in early December, reported a return to a full fiscal-year profit for its Paramount Pictures studio after three years of losses, its first…

A Big Upside of ViacomCBS Merger May Be Its Global Growth

The merged ViacomCBS will look for its business outside of the U.S. as a key growth driver as the companies, whose international strategies have started to converge, bring together TV networks…

How ViacomCBS’ Film, TV Divisions May Aim to Compete

With CBS Corp. and Viacom finally set to merge, the new ViacomCBS will bring together the Paramount Pictures film studio and both firms' TV production businesses into a new studio powerhouse.

CBS-Viacom Merger Targets $500M in Cost Savings, But From Where?

Before CBS Corp. and Viacom officially started their talks about a third attempt to recombine earlier this year, some observers cited potential cost synergies of $1 billion. But when the companies…