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MSNBC.com (Free subscription) | 07/21/2008
Sumner Redstone has done more in the two decades since he turned 65 than most people do in a lifetime. And the Chairman of CBS and Viacom says he has no plans to step down.
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Contactmusic Ltd (Free subscription) | 07/17/2008
Viacom Chairman Sumner Redstone, who has had a volatile relationship with many of the executives who have worked with him, has reignited a dispute with his daughter Shari, the ...
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Cinema Treasures (Free subscription) | 07/15/2008
More chatter regarding Sumner Redstone buying out his daughter's shares of Viacom/National Amusements. Sumner Redstone is negotiating to buy out his daughter Shari's equity interest in Viacom Inc and CBS Corp, but the two sides have not reached a deal, his spokesperson said on Thursday. The spokesperson also denied a CNBC online report that quoted the 85-year-old media mogul saying in an interview...
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The Earth Times Online Newspaper (Free subscription) | 07/11/2008
NEW YORK (Reuters) - Sumner Redstone is negotiating to buy out his daughter Shari's equity interest in Viacom Inc and CBS Corp , but the two sides have not reached a deal, his spokesperson said on Thursday.
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Reuters (Free subscription) | 07/11/2008
NEW YORK (Reuters) - Sumner Redstone is negotiating to buy out his daughter Shari's equity interest in Viacom Inc and CBS Corp , but the two sides have not reached a deal, his spokesperson said on Thursday.
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Superior Investor (Free subscription) | 07/10/2008
It comes as no surprise that Sumner Redstone is thinking about a succession plan for his company National Amusements; the parent company of Viacom (NYSE:VIA) and CBS. (NYSE:CBS) Currently his daughter Shari Redstone serves as President of National Amusements. Sumner Redstone says that even though he believes that Shari is adept and most qualified for his succession, [...]
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Silicon Alley Insider (Free subscription) | 07/10/2008
The lure of Sun Valley is that moguls get to mingle with their peers. One potential downside: Awkward encounters like the ones we imagine Tom Freston has had with Viacom boss Philippe Dauman, who replaced Freston after Sumner Redstone sacked him two years ago. At least Sumner bailed this year. But back to the upside: Sun Valley may be a good place for an out-of-work mogul to get a new job. NY Post's...
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bookofjoe (Free subscription) | 07/10/2008
Let me get out my calculator, just a sec... OK. Redstone's 85 years old and in 20 years he'll be... hold on... 85 + 20... = 105. In 30 years — that would be 2038 — he'll be 115. Sure,...
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Deadline Hollywood Daily (Free subscription) | 07/10/2008
It's almost a daily occurrence that my favorite old coot Sumner Redstone makes yet another of his "huh?" statements further confusing Viacom's successorship, or insisting on living forever, or juicing the competition between underlings, or humiliating his daughter. Today, CNBC airs an interview with Sumner from Camp Allen in which the Viacom chairman said flatly that Shari Redstone was no longer the...
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Radar (Free subscription) | 07/10/2008
CBS, Viacom, Paramount, Dreamworks, etc. majority owner Sumner Redstone is never going to die, because he is apparently receiving the finest in futuristic life-enhancement treatments. (Probably each morning he sucks the delicious stem cells from a
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Gawker (Free subscription) | 07/10/2008
"Mr. Redstone said flatly that his daughter was no longer the company’s heir apparent and that she would leave the board ... ' The reason she won’t succeed me is not she — that she isn’t qualified.'"...
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MediaBistro.com (Free subscription) | 07/10/2008
Click here to receive mediabistro.com's Daily Newsfeed via email. Redstone Says No to Anointing His Daughter ( NYT ) In a CNBC television interview to be shown on Thursday, Viacom charman Sumner Redstone apparently reignited a long-running dispute with his daughter, Shari, over future control of the family media empire. In the interview, Redstone said flatly that his daughter was no longer the company's...
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Silicon Alley Insider (Free subscription) | 07/10/2008
Sumner Redstone says his daughter Shari won't be running the family business, and that he'll be buying out her stakes in CBS and Viacom, the NYT says that Sumner tells CNBC today . In the interview, Mr. Redstone said flatly that his daughter was no longer the company's heir apparent and that she would leave the board as part of an agreement he had reached with her. 'Will she succeed you?' David Faber,...