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Redstone's ex-companion seeks mental evaluation of media mogul, says she is not interested in Redstone's fortune and has already received tens of millions of...
Boardroom drama is intensifying at Viacom amid questions about the health of executive chairman Sumner Redstone, as Wall Street ponders what the struggling media...
$400 million alone out of the $785 million comes from what Viacom called “strategic acquisitions.”
“We are rapidly adapting our processes and business as well as human, financial and technological resources to increase focus on new high potential areas."
The 91 year old Redstone currently owns 80% of National Amusements Inc., which controls both CBS and Viacom.
There is much speculation about what the future holds for the corporate assets of Sumner Redstone, whose media empire spans entertainment giants Viacom and...
– Two huge deals are expected to come out Comcast’s $45-billion acquisition of Time Warner Cable, and AT&T’s $48.5 billion takeover of DirecTV. –...
– – International media company Viacom, which is based in NewYork and controlled by billionaire Sumner Redstone, today made a joint announcement with Richard...